News Release

TECO Energy to host a Webcast February 6

Management to discuss 2008 results and business drivers for 2009

TAMPA, January 12, 2009

TECO Energy, Inc. (NYSE: TE) today announced that the company will host a Webcast concurrent with a conference call with the financial community on Friday, February 6, 2009, at 9:00 AM Eastern time.

Executive Vice President and Chief Financial Officer Gordon Gillette will discuss the company’s 2008 results and business drivers for 2009.

The company’s fourth quarter and 2008 results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released Friday, February 6, 2009, before the market opens and prior to the call.

The Webcast can be accessed 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 energy-related holding company. Its principal subsidiary, Tampa Electric Company , is a regulated utility in Florida with both electric and gas divisions ( Tampa Electric and Peoples Gas System ). Other subsidiaries include TECO Coal, which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala, which is engaged in electric power generation and distribution and energy-related businesses in Guatemala.