TECO customers to see electricity bills rise next year

Tampa Electric raised its rates — again.

Why it matters: Customers across Hillsborough, Polk, Pasco and Pinellas counties will see their monthly electricity bills rise by about $5 in 2026.

  • It’s the latest in a string of rate hikes and surcharges implemented throughout this year.

Driving the news: The state Public Service Commission voted unanimously last week to approve Tampa Electric’s rate increase to fund new energy storage facilities, solar infrastructure and power plant upgrades.

  • When it takes effect, the average Tampa Electric customer will be paying 82% more for electricity than they did in 2020, according to an analysis by…

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