# TECO Energy

> TECO Energy is the Tampa-based utility brand associated with Tampa Electric and Peoples Gas, part of Emera since 2016. Its businesses deliver electricity in West Central Florida and natural gas across Florida, combining regulated infrastructure investment with customer billing, efficiency and outage services.

- **Founded:** 1981
- **Headquarters:** Tampa, United States
- **Products:** Tampa Electric, Peoples Gas, Sun Select, Energy audits and efficiency programs, Account and outage services
- **Notable:** Big Bend Unit 1 modernization entered service in December 2022 and was announced complete in January 2023; its published generating capability is 1,090 MW., Big Bend modernization involved $876 million of investment during 2018-2022, including $91 million of allowance for funds used during construction., Tampa Electric reported more than $430 million in avoided solar-related fuel costs through July 2026; this is not a claim about total bill reductions.

## Products & services

- **Tampa Electric** — Regulated generation, purchase, transmission, distribution and sale of electricity in West Central Florida.
- **Peoples Gas** — Natural gas distribution for more than 500,000 Florida customers; established in 1895 and joined Emera in 2016.
- **Sun Select** — Shared-solar subscriptions for eligible electricity customers, replacing the subscribed portion’s fuel charge with a solar charge; no rooftop installation required.
- **Energy audits and efficiency programs** — Home and business energy assessments, conservation guidance and eligible rebates.
- **Account and outage services** — Service start, transfer and stop requests, digital billing, payment arrangements, outage reporting and notifications.

## Achievements

- Big Bend Unit 1 modernization entered service in December 2022 and was announced complete in January 2023; its published generating capability is 1,090 MW.
- Big Bend modernization involved $876 million of investment during 2018-2022, including $91 million of allowance for funds used during construction.
- Tampa Electric reported more than $430 million in avoided solar-related fuel costs through July 2026; this is not a claim about total bill reductions.
- The Manatee Viewing Center offers free admission and parking beside a state- and federally designated manatee sanctuary.

## Latest updates

- **2026-08** — Emera completed the sale of New Mexico Gas Company to Bernhard Capital Partners on August 12; it should no longer be counted as a current TECO/Emera utility.
- **2026-08** — An August 28 Tampa Electric update described elevated equipment, grid modernization and solar expansion, and reported more than $430 million in solar-related fuel savings through July 2026.
- **2026-03** — Emera’s investor presentation described approximately $9.5 billion of planned Tampa Electric capital spending for 2026-2030; a forecast, not completed expenditure.

## Links

- Website: https://www.tecoenergy.com/
- LinkedIn: https://www.linkedin.com/company/teco-energy/
- Twitter/X: https://twitter.com/TECOEnergy
- YouTube: https://www.youtube.com/tecoenergyinc
- Instagram: https://www.instagram.com/tampa_electric/
- Facebook: https://www.facebook.com/tecoenergyinc

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Profile page: https://yespress.io/teco-energy
Published by YesPress — https://yespress.io
Last updated: 2026-10-24