TECO customers hit with fourth rate hike in last 13 months

Once again, TECO customers are seeing higher electric bills after a new base rate increase. This marks the fourth time TECO bills have gone up over the last 13 months.

Fourth TECO rate hike in 12 months finalized, set to take effect in January

Tampa Electric customers will see yet another rate increase in January, following a unanimous vote this week by the Florida Public Service Commission to approve the utility’s latest request.

TECO rate hikes get backing

The Florida Public Service Commission should stand behind its decision to approve base-rate increases for Tampa Electric Co. after objections were raised by consumer representatives, the commission’s staff recommended Thursday.

State approves TECO, Duke rate hikes to recoup $1.55B in hurricane costs

State regulators on Tuesday approved rate increases for Duke Energy and TECO customers to cover costs from Florida's devastating 2024 hurricane season.

Residents could see higher electric bills after Friday filings by energy companies

Bay Area residents could see increases in their monthly electric bills after Duke and TECO Energy companies filed for additional hurricane restoration costs with the state Friday.

TECO rate increase approved

State utility regulators on Tuesday approved a new three-year base rate for Tampa Electric Co. that is set to increase residential customer bills starting in January.

Citing storms, FPL looks to increase customers monthly bill

Following the state's Dec. 2nd Public Service Commission hearing, customers of two Tampa Bay utility companies will likely see their rates increase. 

Tampa Electric outlines hurricane costs

Tampa Electric Co. has outlined hundreds of millions of dollars in costs that it could seek to recover from customers because of power-restoration efforts after hurricanes Helene and Milton.

TECO’s proposed price hike faces backlash

Two weeks after it began restoring power to hundreds of thousands of customers, Tampa Electric is facing new criticism of its plan to raise rates.

TECO, Duke customers can weigh in on proposed rate increases in series of meetings

The Florida Public Service Commission (PSC) is holding public hearings over the next two weeks to allow TECO and Duke Energy customers to give their thoughts on proposed rate increases.

Hurricane Idalia: Monitoring power outages across Tampa Bay area

In addition to storm surge, Florida's Gulf Coast is experiencing widespread power outages after Hurricane Idalia made landfall and utility crews are beginning to respond. 

Tampa customers protest TECO rate hikes

Rate increases are leaving customers worried about how they will pay their bills. TECO said the price hikes were due to an increase in storm costs and the price of natural gas.

TECO customers want to voice opinions ahead of proposed rate hikes

Hillsborough County Commissioners wrote a letter to the Florida Public Service Commission, asking to hold meetings in local districts before approving rate hikes.

TECO reaches solar power milestone

Three new Tampa Electric solar plants recently began producing electricity from the sun, helping the company reach a new milestone in its significant solar expansion, TECO announced this week.

TECO, Duke Energy customers face higher bills as utility companies ask Florida to approve more rate hikes

Duke Energy Florida and Tampa Electric Co. are seeking state approval to pass along hundreds of millions of dollars in additional costs to customers because of hurricanes and higher-than-expected natural gas prices. If approved, Duke customers would see a 20% increase in their bills, while TECO's rates would go up by 10%.