News Release

Customers claim $1 million in Tampa Electric rebates to install photovoltaic systems

Rebate dollars are still available for residential customers planning to install a solar water heater.

TAMPA, April 21, 2011

Tampa Electric today announced that within 72 hours, customers claimed the maximum $1 million in rebates the company made available to help fund the installation of new photovoltaic systems at their home or business. The rebate program, in its first of five years, will receive additional rebate money for customers in 2012. Customers are encouraged to submit their contact information to be notified when future funds are available.

Solar water heater rebate dollars are still available on a first-come, first-serve basis to residential customers planning to install new solar water heater equipment (up to $1,000 per customer installation). The rebates are part of the company’s offering of $1.5 million in rebates each year for five years to encourage the installation of solar water heater and photovoltaic (PV) systems.

The company began accepting reservations online at tampaelectric.com/renewable at 8 a.m. on April 18.

“We’re pleased with the overwhelming response to the company’s first offering of rebates for photovoltaic installations,” said Shelly Aubuchon, program manager for Tampa Electric’s Renewable Energy program. “We look forward to interconnecting the new PV systems to Tampa Electric’s grid and providing these customers with net metering, which allows them to receive full retail value for any energy that is exported to the grid from their PV systems.”

The company currently has 133 customers interconnected to the grid through bi-directional net metering.

Supporting the use of renewable energy

Tampa Electric was Florida’s first investor-owned electric utility to offer a renewable energy program that makes it easy for customers to purchase a portion of their electricity from renewable sources by signing up for $5 blocks of renewable energy. For each block purchased, Tampa Electric distributes 200 kilowatt-hours (kWh) of renewable energy.

For more information on Tampa Electric’s Renewable Energy program, visit tampaelectric.com/renewable.

Tampa Electric Company is the principal subsidiary of TECO Energy Inc. (NYSE: TE), an integrated energy-related holding company with regulated utility businesses, 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 coal, and electric generation in Guatemala.

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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