News Release Archives — 2009

TECO Energy announces organizational changes and new leadership team
TECO Energy, Inc. (NYSE: TE) today announced a new senior executive team structure as part of its response to industry changes, economic uncertainties and the overall need to maintain a lean and efficient organization.

Florida Public Service Commission votes on peoples gas base rate increase
Today, the Florida Public Service Commission (FPSC) voted to increase Peoples Gas System’s base rates for the first time since 2003, effective June 18. Peoples Gas will continue to collect annual interim rates of $2.38 million that were granted in October 2008 until the time permanent rates go into effect.

Nocatee Community Signs Natural Gas Residential Agreement With TECO Peoples Gas
TECO Peoples Gas and The PARC Group today announced that they have signed a master residential developer agreement to include natural gas as a fuel source for approximately 12,300 homes to be built in the town of Nocatee. It is anticipated that up to 90 percent of all of the homes in the Nocatee community will use natural gas when the community is built out, and Peoples Gas will work with individual builders and developers as construction continues throughout Nocatee.

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