Tampa Electric Bills Could Drop 8 Percent

Tampa Electric Co. announced it has filed proposals with state regulators that could lead to an 8 percent reduction in customers’ monthly power bills.

The utility, which has about 750,000 customers in West Central Florida, said the reduction stems from a combination of factors, including lower fuel and environmental-compliance costs.

Each year, utilities make filings at the Florida Public Service Commission that estimate expenses for such things as fuel and environmental projects. Tampa Electric said in a news release that it made the filings Friday. The Public Service Commission will decide later this year whether to approve the utility’s proposals.

A Tampa Electric residential customer who uses 1,000 kilowatt hours of electricity a month would pay $99.55 in 2019, about an 8 percent reduction, the utility said. The industry typically points to a 1,000-kilowatt hour bill as a benchmark, though actual electricity use varies widely.

Reposted with permission from The News Service of Florida

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