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Tampa Electric will seek rate increases starting in 2025
Feb 1, 2024 · Tampa Electric, which has about 840,000 customers, wants to increase rates by $290 million to $320 million in 2025. It would increase the rates by an additional $100 million in 2026 and $70 ...
Tampa Electric, Duke seek big bill increases to pay for 2024 …
2 days ago · Tampa Electric is seeking to collect $464 million over one year starting in March, which would add more than $30 per month to typical residential bills, according to the company.
Tampa Electric CEO pressed for answers on utility’s rate hike …
Aug 27, 2024 · For more than eight hours over two days, Tampa Electric president and CEO Archie Collins was questioned by lawyers in Tallahassee as the utility’s quest to raise its customers’ rates was...
Florida regulators approve Tampa Electric charging residents …
Dec 6, 2024 · Since a 2021 agreement that was signed by large corporations including a hospital group and Walmart, Tampa Electric has been shifting more costs onto its residential customers, while large power users — especially industrial companies — see smaller increases.
Duke, Tampa Electric seek to recover storm costs | WUSF
Dec 27, 2024 · In all, Duke wants to recoup about $1.09 billion, while Tampa Electric is seeking nearly $464 million, according to the utilities and filings at the Public Service Commission. "These storms have left an undeniable mark on our region,” Archie Collins, president and chief executive officer of Tampa Electric, said in a prepared statement.
Residents could see higher electric bills after Friday filings by ...
Dec 27, 2024 · Also, on Friday, Tampa Electric Company (TECO) filed for an additional $464 million in hurricane-related restoration from the FPSC. This comes after the state approved $287.9 million in additional funding for TECO in December, responsible for a roughly $5 monthly increase for residential customers. READ: State signs off on Tampa electric hikes
Regulators approve Tampa Electric residential rate hike, …
Dec 7, 2024 · Regulators have approved an electricity rate hike for residents and an increase in profits for shareholders. Florida utility regulators Tuesday allowed Tampa Electric to continue shifting...
TECO customers could see $30 increase in bills and 2.5% increase …
4 days ago · TAMPA, Fla (WFLA) — Florida Power and Light is looking to increase utility bills by 2.5% from 2026 through 2029. ... Tampa Electric, or TECO, filed with the Florida Public Service Commission ...
Tampa Electric plans to reduce customer bills in 2024. Here’s ... - WFLA
Aug 16, 2023 · TAMPA, Fla. (WFLA) — Tampa Electric is planning to reduce customer bills in 2024. TECO filed its projected costs for 2024 for fuel, storm costs, and new solar plants with the Florida Public S…