TECO, Duke customers to see a rate hike increase

TECO, Duke customers to see a rate hike increase starting in March
The Florida Public Service Commission approved new electric rates for TECO and Duke Energy customers that will go into effect starting in March. During a Tuesday meeting, the companies said they asked for rate hikes to cover costs related to recent hurricanes and replenish storm reserves.
Florida Public Service Commission approves rate hike for TECO, Duke customers to 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.
State approves TECO, Duke rate hikes to recoup $1.55B in hurricane costs
If Duke Energy and TECO get their way on Tuesday, customers could soon see significant rate hikes to cover costs from Florida's devastating 2024 hurricane season.
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. Evan Axelbank reports.
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 Public Service Commission approves rate hikes for TECO and Duke Energy customers
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.
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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