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FRCC rescinds generating capacity alert, declares advisory for September 7

TAMPA, September 7, 2005

The Florida Reliability Coordinating Council (FRCC) today announced it is rescinding its Generating Capacity Alert, instead declaring an Advisory for Wednesday, September 7. As a result, all Florida electric customers are still being asked to continue conserving energy, especially in the late afternoon and early evening.

According to the Advisory, while current fuel production levels seem to have stabilized, there is still “considerable uncertainty as to when normal natural gas production levels will resume.”

Peninsular Florida receives most of its natural gas from Gulf Coast production facilities. This disruption of natural gas production may adversely affect the generation of electricity in peninsular Florida because approximately 30 to 35 percent of the state’s generation uses on natural gas as a primary fuel.

The FRCC Advisory is based on continued appeals for conservation of electricity by the member companies along with the uncertainty and limited availability of alternate fuel re-supply shipments which have also been impacted by Hurricane Katrina.

Because of the FRCC Generating Capacity Advisory, Tampa Electric is urging its customers to reduce electricity usage. Such voluntary conservation would allow Tampa Electric to share its power with neighboring utilities. With fuel prices at all-time highs, customers who conserve electricity will see an added benefit: lower electric bills.

For more conservation tips or information about our energy-saving programs, visit the "Save Energy" section.

Tampa Electric Company is the principal subsidiary of TECO Energy, Inc. (NYSE: TE), an integrated energy-related holding company with core businesses in the utility sector, complemented by a family of unregulated businesses. Tampa Electric Company is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in waterborne transportation, coal and synthetic fuel production and independent power.

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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