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TECO (Tampa Electric) electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024), 2026 rate adjustments (approved Nov 2025)

Investor-owned utility serving 757,280 homes in Florida.

Your rate

14.67¢per kWh, average residential rate 11% lower than the U.S. average (16.4¢)

$171average monthly bill at the current tariff$2,049 a year

1,130kWh used per month, average home

+46%rate change since 2020U.S. average: +28%

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 1,130 kWh, the average for TECO (Tampa Electric) homes.

kWh

$171 a month

$14 fixed charge + 13.9¢ × 1,130 kWh

This is an estimate. Tariff: $13.69 fixed + 13.9¢/kWh effective October 1, 2026 (source). Tampa Electric Residential Service RS. Per Florida PSC Oct 1 2026 1,000-kWh table: basic service charge $0.45/day (~$13.69/mo at 30.4 days); base rate charges $102.98 (incl. ~$13.50 customer charge at 30 days) + fuel $32.10 + conservation $2.70 + environmental $0.87 + capacity $2.64 + storm protection $7.17 + clean energy transition mechanism $4.06 = $152.52 -> (152.52-13.50)/1000 = 13.90 c/kWh. TECO energy is tiered (<=1,000 / >1,000 kWh). Excludes gross receipts tax/franchise fees. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

Docket	Status	Filed	Requested	Approved	Effective
2026 rate adjustments (approved Nov 2025)	Approved	September 1, 2025		—	January 1, 2026
20240026-EI	Approved	April 2, 2024		—	January 1, 2025

2026 rate adjustments (approved Nov 2025): On November 5, 2025 the Florida PSC approved Tampa Electric's 2026 rate changes (year-two base rate step from docket 20240026-EI plus annual fuel, capacity and conservation clause updates), adding about $5.50/month for a typical household from January 2026; storm-recovery surcharges continue through summer 2026 with a possible reduction in September 2026. Filing date approximate (annual clause filings are made in late summer). Source

20240026-EI: The Florida PSC (vote December 2024, final order PSC-2025-0038-FOF-EI issued February 3, 2025) approved base rate increases of $185.9 million for 2025, $86.6 million for 2026 and $9.1 million for 2027. A 1,000 kWh residential bill rose from $136.44 to $145.58 ($9.14) in January 2025. Money is for solar, grid resiliency, Polk plant upgrades and storm hardening. Source

Rate history

TECO (Tampa Electric)'s average rate is up 46% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for TECO (Tampa Electric) yet. Check Florida programs or read what's left after the federal credits ended.

About TECO (Tampa Electric)

Legal name: Tampa Electric Co (Emera)
Ownership: Investor Owned
Homes served: 757,280 residential customers (2024)
Grid operator: TEC
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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