Related Parties

12 Months Ended

Dec. 31, 2013

Related Parties

13. Related Parties

The company and its subsidiaries had certain transactions, in the ordinary course of business, with entities in which directors of the company had interests. The company paid legal fees of $1.7 million, $1.3 million and $1.3 million for the years ended Dec. 31, 2013, 2012 and 2011, respectively, to Ausley McMullen, P.A. of which Mr. DuBose Ausley (who was a director of TECO Energy, until his retirement from the Board in May 2013) was an employee. Other transactions were not material for the years ended Dec. 31, 2013, 2012 and 2011. No material balances were payable as of Dec. 31, 2013 or 2012.

Tampa Electric Company [Member]

Related Parties

10. Related Party Transactions

A summary of activities between TEC and its affiliates follows:

Net transactions with affiliates:
(millions)	2013		2012		2011
Natural gas sales, net	$	18.3	$	11.7	$	0.0
Administrative and general, net	$	27.2	$	23.4	$	17.5

Amounts due from or to affiliates at Dec. 31,
(millions)	2013		2012
Accounts receivable (1)	$	1.3	$	4.7
Accounts payable (1)		9.8		7.9
Taxes receivable		54.9		22.1
Taxes payable		0.4		3.2

(1) Accounts receivable and accounts payable were incurred in the ordinary course of business and do not bear interest.

TEC had certain transactions, in the ordinary course of business, with entities in which directors of TEC had interests. TEC paid legal fees of $1.7 million, $1.2 million and $1.3 million for the years ended Dec. 31, 2013, 2012 and 2011, respectively, to Ausley McMullen, P.A. of which Mr. Ausley (who was a director of TECO Energy, until his retirement from the Board in May 2013) was an employee.