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Energy Bills

Tuesday, November 6, 2012

TECO to Reduce Energy Bills

The Florida Public Service Commission approved TECO's request to drop rates.

Tampa Electric customers will see lower bills in January because of lower costs for natural gas – the fifth consecutive reduction in fuel costs in the past four years. The Florida Public Service Commission yesterday approved the company’s request as filed. Beginning in January, a residential customer’s monthly bill will drop by $4.32, to $102.58 for 1,000 kilowatt-hours (kWh), a 4 percent drop from the current $106.90 a month. Commercial customers will see bills drop by nearly 5 percent; industrial customers will remain flat. This reduction will bring Tampa Electric residential customers’ bills to about 14 percent below the national average – which is $119 per month, according to May 2012 data from the Energy Information Administration. “…

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