News Release

TECO Energy to host a Webcast February 5

Management to Discuss 2007 Results and 2008 Outlook

TAMPA, January 10, 2008

TECO Energy, Inc. (NYSE: TE) today announced that the company will host a Webcast concurrent with a conference call with the financial community on Tuesday, February 5, 2008, at 9:00 AM Eastern time.

Executive Vice President and Chief Financial Officer Gordon Gillette will discuss the company’s 2007 results and outlook for 2008.

The company’s fourth quarter and 2007 results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released Tuesday, February 5, 2008 , before the market opens.

Investors, shareholders, media and the public can access the Webcast through a link on TECO Energy’s Web site at: .

The Webcast will be available for replay through a link on the Web site starting approximately two hours after the conclusion of the live event; the replay will be available on the Web site for 30 days.

Additional information regarding TECO Energy is available through the Investors section of TECO Energy’s Web site at: .

TECO Energy, Inc. (NYSE: TE) is an integrated energy-related holding company. Its principal subsidiary, Tampa Electric Company, is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in coal mining, and electric generation and distribution in Guatemala.