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Tampa Electric Unveils New

TAMPA, April 13, 2000

Tampa Electric today announced plans to launch its version of a "Green" Energy Program to customers. The offering will be packaged as part of the company's new SmartSource: Power by Nature program and will include a mix of renewable energy sources, such as solar cells. Pending regulatory approval, Tampa Electric expects to introduce the program to its customers during the third quarter of 2000.

As part of the program, a new "Photovoltaics" display and solar generating facility, which explains how sunlight is turned into energy, will be unveiled during a special ribbon-cutting ceremony at MOSI, the Museum of Science & Industry on Earth Day, Saturday, April 22. Photovoltaics are groups of solar cells generally placed on the rooftops of homes and other buildings to capture and utilize the sun's energy to generate electricity.

The event is among hundreds of planned local and national activities highlighting efforts to preserve America's air, water and natural resources. The public is invited. And, visitors to MOSI between April 22-Sept. 15, 2000, will receive a special discount on museum admission.

"At Tampa Electric, we plan to be progressive in offering our customers environmentally friendly energy solutions like green energy," said Hugh Smith, Tampa Electric's vice president of Energy Services and Marketing. "The addition of solar energy to the electric grid represents another way that we're broadening our fuel mix to produce electricity that is cleaner and more efficient."

In fact, the availability of solar electricity to customers is growing. Today, about 100 megawatts of solar power is produced by electric utilities across the nation.

During the past 20 years, the average price of a photovoltaic module has decreased from $52 per watt to less than $5 per watt. That price is expected to decrease even further as consumer demand for renewable energy increases.

Tampa Electric, along with many of the nation's electric utilities and energy service providers, is an important partner in President Clinton's Million Solar
Roofs Initiative. The goal of the program is to have one million solar energy systems on U.S. rooftops by 2010.

Tampa Electric's solar array at MOSI is connected to the electric grid and is currently rated at 18 kilowatts, or 18,000 watts of electric capacity. The array is composed of 60 photovoltaic panels containing 12,960 Crystalline Silicon Cells. Each panel has a capacity of 300 watts of direct current (DC).

Tampa Electric is the principal subsidiary of TECO Energy, Inc. TECO Energy is a diversified, energy-related utility holding company also based in Tampa. In addition to Tampa Electric, its principal businesses include Peoples Gas, TECO Power Services, TECO Transport, TECO Coal, TECO Coalbed Methane, and Bosek Gibson and Associates.

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