News Release

TECO Energy to host a Webcast February 5

Management to discuss 2009 results and outlook for 2010

TAMPA, January 12, 2010

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 5, 2010, at 9:00 AM Eastern time.

Vice President and Chief Financial Officer Sandra Callahan will discuss the company’s fourth quarter results and outlook for 2010.

The company’s fourth quarter and 2009 results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released Friday, February 5, 2010, 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.