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Tampa Electric reopens siting process for Juneau Loop transmission project

TAMPA, August 27, 2003

Tampa Electric today announced that it is reopening the siting process for a power line under construction in Tampa’s Egypt Lake area. The transmission line route has drawn opposition from residents and others.

President John Ramil said, “There is no doubt that we should have done a better job communicating the need for this project, involving our community and government officials more fully in a dialogue earlier on.”

The company will immediately launch a dialogue with the community, including all potentially affected residents and government officials. The plan, which will include public meetings, will be announced in the next few days.

“The community process we have developed will allow the neighborhoods that are impacted now, or could be impacted by a change in route, the opportunity to provide input to help us evaluate the current route and alternate routes,” Ramil said.

“If during this process we discover that the best alternative includes moving or modifying the current route, even if it is already in service, we will do so,” added Ramil.

The new line is already being installed in the area of Egypt Lake; it must be completed by November 2003, to support the second unit of Tampa Electric's Bayside Power Station, which will begin testing at that time.

Tampa Electric has notified the homeowners association near the project, as well as Hillsborough County Commissioners and other officials, of the Juneau Loop reevaluation.

Tampa Electric Company is the principal subsidiary of TECO Energy, Inc. (NYSE:TE), a diversified holding company of energy-related businesses that include Peoples Gas System, TECO Power Services, TECO Transport, TECO Coal and TECO Solutions.

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