(TECO Energy, Inc. Letterhead)
                                                               Exhibit 99.2

                                               FOR IMMEDIATE RELEASE



          Contact:  Mike Mahoney
                    Office: (813) 228-4271
                    Home: (813) 961-9456

                     

                      TECO ENERGY PROMOTES TWO TOP EXECUTIVES,
                      ELECTS ANDERSON TO BOARD OF DIRECTORS


               TAMPA, July 19, 1994 -- Girard F. Anderson, president of

          Tampa Electric Company, has been elected president and chief

          operating officer of TECO Energy, Inc., and a member of the

          company's board of directors, it was announced today by Timothy

          L. Guzzle, chairman and chief executive officer. 

               In addition, Keith S. Surgenor, TECO Energy's vice

          president-human resources, has been named to succeed Anderson as

          president and chief operating officer of Tampa Electric, TECO

          Energy's largest subsidiary.

               Guzzle, who previously held the title of president of TECO

          Energy, said Surgenor would report to Anderson, along with the

          presidents of the company's subsidiaries in transportation,

          coalbed methane gas production, coal mining, independent power

          and real estate.  The company's financial, legal, human

          resources, strategic planning and business development functions

          will all continue to report directly to Guzzle.

                                         (more) 



                                     Page 8 of 10





          TECO Energy--2



               "Jerry Anderson's involvement in the operations of all our

          businesses, including Tampa Electric, will strengthen our

          management effort.  And, we are giving Keith Surgenor, who has

          been actively involved in Tampa Electric's planning and

          operations, greater responsibility as chief operating officer for

          all utility operations," he said.

               Guzzle said that with Anderson and Surgenor helping to

          conduct day-to-day operations he would have more time to focus on

          "opportunities that are strategic for the continued development

          and growth of TECO Energy."

               "These appointments also put the company in a better

          position to deal with any health contingency on my part," he

          said, pointing out that he had been treated for colon cancer last

          year.  "My condition continues to be monitored and treated as

          needed, and the prognosis continues to be optimistic."

               Guzzle himself joined TECO Energy in 1988 as president and

          chief operating officer.  In 1989 he assumed the responsibilities

          of chief executive officer and in 1991 was elected board

          chairman.

               Jerry Anderson has served as president of Tampa Electric

          since 1987 and was named by the board to the additional post of

          executive vice president-utility operations of TECO Energy later

          that same year.

                                   (more)  





           TECO Energy--3



               Anderson, 62, began his career with Tampa Electric in 1959

          as a student engineer.  He held various production management

          jobs through the years and in 1980 was elected vice president of

          production operations and maintenance.  In 1985 he became senior

          vice president of Power Distribution responsible for customer

          services, system engineering and transmission and distribution

          operations.  

               He is a long-time resident of Tampa, attended Tampa public

          schools and was graduated from the University of Florida.

               Keith Surgenor joined the company in 1988 as vice president

          of human resources for TECO Energy and Tampa Electric.  Before

          joining the company he was vice president of Allegheny

          International's industrial and technology businesses, with

          revenues that exceeded $1 billion, and president and chief

          executive officer of Kilgore Corp., a manufacturer of military

          signals and flares.

               Surgenor, 46, is originally from Kingsport, Tenn.  He holds

          a bachelor's degree in Industrial Management/Mechanical

          Technology from East Tennessee State University and an MBA from

          the University of Tennessee.  Through the past 20 years he has

          held management positions in operations, engineering, human

          resources and general management with Eastman Kodak, Rockwell

          International and Allegheny International.



                                         ###