TECO, Duke customers to see a rate hike increase

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.
State approves rate hikes for TECO, Duke customers that will take effect in March
The Florida Public Service Commission approved new electric rates for TECO and Duke Energy customers that will go into effect in March.
TECO, Duke Energy customers could see an increase on their monthly bill
The Public Service Commission is set to vote on rate increases for Tampa Electric Company (TECO) and Duke Energy.
Florida’s PSC approves storm charges for TECO, Duke customers
The PSC unanimously approved charging Duke Energy Florida customers $1.1 billion and Tampa Electric Co. customers $464 million for restoration after
Florida approves rate hikes for TECO and Duke Energy after costly hurricane recoveries
With this approval, the average residential customer using 1000-1250 kWH will now be paying $360-$490 more over the course of the increase starting in March.
Rate hikes approved for TECO, Duke Energy
State regulators on Tuesday approved rate increases for Duke Energy and TECO customers to cover costs from Florida's devastating 2024 hurricane season.
DeSantis Commission Approves $20-40/Month TECO, Duke Rate Hike
Today, Governor DeSantis’ Florida Public Service Commission (PSC) approved a rate hike for Tampa Electric Co. (TECO) and Duke Energy customers, that will have the average residential customer using 1000-1250 kWh/month paying $360-490 more over the course of the increase, starting in March. Specifically:
Florida PSC staff recommends that customers pay Duke and TECO $1.55 billion for hurricane costs
In all, Duke Energy Florida would collect about $1.09 billion, while Tampa Electric is seeking to recover $463.6 million.
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