TECO Says It Will Lower Rates Earlier than Originally Planned
The change will lower monthly costs by 11% to 12% for about 870,000 customers as Tampa Electric recovers more than $400 million sooner than expected.
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8 Articles
Tampa Electric to lower rates this summer - Regional Media News
(The Center Square) - Tampa Electric customers will see their bills go down this summer as the company removes the storm surcharge. The utility will remove the surcharge a month earlier than expected, lowering rates by 12% beginning in August. Residential customers using 1,000 kilowatt-hours of electricity per month will save about $20. The savings will appear on bills beginning in September. The storm surcharge was added after the Florida Publi…
Tampa Electric to cut rates a month early as storm surcharge ends ahead of schedule
Tampa Electric customers will catch a break on their power bills sooner than expected. The utility announced Tuesday that it will remove a storm recovery surcharge from customer bills effective Aug. 1, a month earlier than originally planned, resulting in an 11% to 12% reduction in monthly electric costs for most residential and small-business customers. The change will lower bills by roughly $20 per 1,000 kilowatt-hours of electricity used. The…
Tampa Electric’s residential and small business customers will receive a relief in their electricity bills this summer, as the company announced that it will reduce its rates by approximately 11% to 12% as of August 1, a month ahead of schedule. The reduction represents a saving of close to $20 per 1,000 kilowatt-hours consumed and will be made possible by the early removal of the storm surcharge that had been applied to cover the costs of resto…
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