A storm recovery surcharge has added about 20 dollars a month to your Tampa Electric bill since March 2025 and is scheduled to end in August 2026.
+$20a month
Tampa Electric 2025-2027 base rate settlement
Approved Base rate case, docket 20240026-EI before the Florida Public Service Commission.
+$9a month
on a typical bill, as approved
As published, for a home using 1,000 kWh a month.
Fileddate not published
Hearingheld or waived
DecisionFeb 3, 2025
On billsJan 1, 2025
Tampa Electric asked Florida regulators for about 297 million dollars in new 2025 base rate revenue, plus further increases of roughly 100 million in 2026 and 72 million in 2027. The Florida Public Service Commission approved a smaller multi-year settlement effective with the first billing cycle of 2025, close to 185 million dollars for 2025, 86.6 million for 2026, and 9.1 million for 2027. For a typical 1,000 kWh residential customer, the 2025 step added about 9.14 dollars a month, and the 2026 step added about 5.51 dollars more starting in January 2026.
What it means for your bill: Your Tampa Electric base rate rose in January 2025 and again in January 2026 under a multi-year settlement that runs through 2027.
- Status
- Approved
- Utility
- Tampa Electric
- Commission
- Florida Public Service Commission
- Docket
- 20240026-EI
- Requested
- $297 million a year
- Approved
- $185 million a year
- Typical bill change
- +$9.14 a month at 1,000 kWh on a $146 bill
- Decided
- February 3, 2025
- On bills from
- January 1, 2025
- Last checked
- August 29, 2026
Sources
- Tampa Electric Company's rate hikes draw challenges, WFSU News, 2025-03-03
- FL PSC Approves TECO Rate Hike, Raising Bills 82% in 5 Years, Food and Water Watch, 2025-11-04
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