EXHIBIT 21
                  SUBSIDIARIES OF THE REGISTRANT

All  of  the  following  subsidiaries  of TECO Energy, Inc., are
organized  under  the  laws  of  Florida except as indicated. The
following  list  omits certain subsidiaries pursuant to paragraph
(b)(21)(ii) of Regulation S-K Item 601.

   Tampa Electric Company 
     Power Engineering & Construction, Inc.
   TECO Diversified, Inc. 
     TECO Transport Corporation 
        Electro-Coal Transfer Corporation (a Louisiana
         corporation)
          G C Service Company, Inc.
        Gulfcoast Transit Company 
        Mid-South Towing Company  
        TECO Towing Company 
     TECO Coal Corporation (a Kentucky corporation)
        Gatliff Coal Company (a Kentucky corporation)
        Rich Mountain Coal Company (a Tennessee corporation)
        Clintwood Elkhorn Mining Company (a Kentucky corporation)
        Pike-Letcher Land Company (a Kentucky corporation)
        Premier Elkhorn Coal Company (a Kentucky corporation)
     TECO Properties Corporation 
     TECO Coalbed Methane, Inc. (an Alabama corporation)
   TECO Finance, Inc. 
   TECO Oil & Gas, Inc.
   TECO Investments, Inc.
   TECO Power Services Corporation 
     Hardee Power I, Inc. 
     Hardee Power II, Inc. 
        Hardee Power Partners, Ltd. 
     TPS Guatemala One, Inc.
        Tampa Centro Americana de Electricidad, Limitada
          (a Guatemalan Limited Liability Company)
     TPS Operations Company
     TPS International Power, Inc.(a Cayman Islands Limited
       Liability Company)
   Bosek, Gibson and Associates, Inc.
   TeCom Inc. 
   Peoples Gas Company
   Peoples Cogeneration Company
   Suwanee Gas Marketing, Inc.
     TECO Gas Services, Inc.