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News Release

Tampa Electric's natural power program signing up customers

TAMPA, November 1, 2000

Tampa Electric's new renewable energy program, Smart Source, now offers residential and commercial customers the opportunity to choose a cleaner, alternative fuel source for a portion of their electricity needs. Smart Source utilizes natural sunlight and organic plant materials to generate power that is distributed to homes and businesses in the Tampa Electric service area. The program, which was launched Oct. 1, is already serving customers.

For each monthly subscription block of $5, Tampa Electric distributes 50 kilowatt-hours of renewable energy to the central electric system. Customers may sign up for a maximum of five blocks per month, and the fee is added to their base monthly electric bills.

Smart Source's use of renewable energy helps to preserve the environment by reducing the amount of emissions and greenhouse gases produced by traditional sources. The bulk of electricity that supports the Smart Source program will be derived from organic plant materials from local county resource recovery facilities. Tampa Electric's 18,000-watt solar generating station at the Museum of Science and Industry (MOSI) will also provide electricity.

"Smart Source is an important addition to our fuel mix, helping meet the needs of customers who are interested in cleaner, renewable energy options," said Hugh Smith, vice-president-Energy Services and Marketing. "With the support our subscribers, we plan to grow this program and increase the use of renewable energy options in Tampa Electric’s service territory."

Presently, a limited number of Smart Source subscriptions are available to customers on a first-come, first-served basis. For additional information on Tampa Electric's Smart Source program, or to sign up online, visit smartsource.tampaelectric.com.

Tampa Electric is the principal subsidiary of TECO Energy, Inc. (NYSE: TE), a diversified energy-related holding company headquartered in Tampa. Tampa Electric has supplied the Tampa Bay area with electricity since 1899. Its West Central service area covers approximately 2,000 square miles, serving more than 550,000 residential and commercial customers with reliable power and value-added services. In addition to Tampa Electric Company, TECO Energy’s principal businesses include Peoples Gas System, TECO Power Services, TECO Transport, TECO Coal, TECO Coalbed Methane, TECO Propane Ventures and TECO Solutions.

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CHERIE JACOBS
TECO Energy, Tampa Electric, Peoples Gas
TECO Energy, Inc.
702 N. Franklin Street
Tampa, Florida 33602
E-mail: cljacobs@tecoenergy.com Email Icon