TECO Energy CEO to present at Bank Of America Merrill Lynch Power & Gas Leaders Conference

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TAMPA, September 12, 2011 TECO Energy Inc. (NYSE:TE) Chief Executive Officer John B. Ramil will make a presentation at the 2011 Bank of America Merrill Lynch Power & Gas Leaders Conference in New York on Wednesday, Sept. 21, 2011, at 10:30 a.m. Eastern time.

An audio webcast of the live presentation will be accessible through a link on TECO Energy’s home page at www.tecoenergy.com. The webcast will be available for replay within 24 hours of the live event and will be available for 30 days following the presentation for those unable to listen to the live webcast. The slides that will accompany the webcast will be available on the Investors page of TECO Energy’s website www.tecoenergy.com.

In conjunction with this presentation and other meetings with investors in September, TECO Energy is maintaining its 2011 earnings per share guidance range of $1.25 to $1.40, excluding charges and gains. This forecast is for earnings per share from continuing operations, excluding any charges and gains.

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 inKentucky  and Virginia, and TECO Guatemala, which is engaged in electric power generation and energy-related businesses inGuatemala.

Note: This press release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. Actual results may differ materially from those forecasted. The forecasted results are based on the company's current expectations and assumptions, and the company does not undertake to update that information or any other information contained in this press release, except as may be required by law. Factors that could impact actual results include: regulatory actions by federal, state or local authorities; unexpected capital needs or unanticipated reductions in cash flow that affect liquidity; the ability to access the capital and credit markets when required; the availability of adequate rail transportation capacity for the shipment of TECO Coal's production; general economic conditions affecting energy sales at the utility companies; economic conditions, both national and international, affecting the Florida economy and demand for TECO Coal 's production; weather variations and changes in customer energy usage patterns affecting sales and operating costs at Tampa Electric and Peoples Gas; the effect of extreme weather conditions or hurricanes; operating conditions, commodity prices, operating cost and environmental or safety rule changes affecting the production levels and margins at TECO Coal; conditions affecting TECO Coal’s ability to identify and develop additional specialty coal reserves and /or increase specialty coal sales; fuel cost recoveries and related cash at Tampa Electric; natural gas demand at Peoples Gas; the ability of TECO Energy's subsidiaries to operate equipment without undue accidents, breakdowns or failures; and changes in the U.S. federal tax code on earnings from foreign investments that could reduce earnings. Additional information is contained under "Risk Factors" in TECO Energy, Inc.'s Annual Report on Form 10-K for the period ended Dec. 31, 2010.
 

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