Tampa residents are about to see a 4 percent increase in electric bills

State regulators signed off on the plan Tuesday.

click to enlarge Tampa residents are about to see a 4 percent increase in electric bills
Photo via Brett Sayles/Pexels


Start scraping the couch for quarters, people.

Next month, Tampa Electric Co. (TECO) is set to increase residential customers’ bills by roughly 4 percent.

The move is a reaction what the News Service of Florida calls “higher-than-expected natural gas costs” and was approved by the Florida Public Service Commission on Tuesday.

Customers who use 1,000 kilowatt hours of electricity per month can expect to see their charges go from $99.53 to $103.58. 

The hike almost brings rates back up to the level they were at in September 2018 when the Lakeland Ledger reported that a 1,000-kilowatt hour home was being charged $105.16 (late last year, TECO officials bragged about being able to bring customer bills down in 2019).

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