8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

September 11, 2013

Commission File No.	Exact name of each Registrant as specified in its charter, state of incorporation, address of principal executive offices, telephone number	I.R.S. Employer Identification Number
1-8180	TECO ENERGY, INC.	59-2052286
	(a Florida corporation) TECO Plaza 702 N. Franklin Street Tampa, Florida 33602 (813) 228-1111
1-5007	TAMPA ELECTRIC COMPANY	59-0475140
	(a Florida corporation) TECO Plaza 702 N. Franklin Street Tampa, Florida 33602 (813) 228-1111

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure

On September 11, 2013, Tampa Electric Company (the “Company”) issued a press release reporting on the event described in Item 8.01 below. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The press release is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 8.01 Other Events

On September 11, 2013, the Florida Public Service Commission unanimously voted to approve the stipulation and settlement agreement between the Company and all of the intervenors in its Tampa Electric division base rate proceeding (the “Agreement”), which resolves Tampa Electric’s base rate proceeding. The Agreement was previously described in, and filed with, the Company’s Current Report on Form 8-K filed on September 9, 2013.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1 Press Release dated September 11, 2013.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 12, 2013		TECO ENERGY, INC.
		(Registrant)
	By:	/s/ David E. Schwartz
		David E. Schwartz
		Vice President-Governance, Associate General Counsel and Corporate Secretary
Date: September 12, 2013		TAMPA ELECTRIC COMPANY
		(Registrant)
	By:	/s/ David E. Schwartz
		David E. Schwartz
		Corporate Secretary

EXHIBIT INDEX

Exhibit No.	Description of Exhibits
99.1	Press Release dated September 11, 2013.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

REGULATORS APPROVE TAMPA ELECTRIC’S COMPROMISE ON CUSTOMER RATES

Average residential bill would remain well below national average and among lowest in Florida

Tampa, Fla. (Sept. 11, 2013) – The Florida Public Service Commission (PSC) unanimously approved today Tampa Electric’s proposed base-rate settlement that takes effect in November.

As result of the settlement, the monthly bill for the average residential customer who uses 1,000 kilowatt-hours will rise by $5.67 a month, or 5.5 percent, to $108.25 from the current $102.58, beginning Nov. 1.

As previously announced, the settlement calls for an initial revenue increase of $57.5 million on Nov. 1, and additional “step” increases of $7.5 million and $5 million on Nov. 1 in 2014 and 2015, respectively. It also includes a $110 million increase when the expansion of the Polk Power Station is complete, expected in January 2017. Tampa Electric cannot change its base rates again until 2018, except under certain conditions.

“This settlement provides closure and clarity to a complex regulatory process,” said Gordon Gillette, president of Tampa Electric. “This is a fair resolution for all Tampa Electric customers – and we could not have achieved it without the dedicated work of all the groups working together to reach this constructive compromise.”

The settlement for Tampa Electric’s base rates was reached among the Office of Public Counsel, which represents consumers in utility issues, the Florida Industrial Power Users Group, the Florida Retail Federation, the Federal Executive Agencies and WCF Hospital Utility Alliance.

The settlement does not include adjustments for fuel and other clauses, which the PSC will decide in November. When including the clauses and the settlement, the average residential bill could total $109.52 in January – still 8 percent below the national average. (According to the Energy Information Administration, the 12-month rolling average cost of electricity in the United States was $119.50 a month in June 2013.)

Tampa Electric Company is the principal subsidiary of TECO Energy Inc. (NYSE: TE), an energy-related holding company with regulated utility operations in Florida, including both Tampa Electric and Peoples Gas System. Tampa Electric serves more than 687,000 customers in West Central Florida. TECO Energy’s other major subsidiary, TECO Coal, owns and operates coal-production facilities in Kentucky and Virginia.

Note: This press release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. Actual results may differ materially from those forecasted. The forecasted results are based on the company’s current expectations and assumptions, and the company does not undertake to update that information or any other information contained in this press release, except as may be required by law.

TECO Energy

702 N. Franklin St.

Tampa, FL 33602