We’re taught to be smart around electricity, but there’s no escaping the shock of electric bills for energy customers in Tampa.
Tampa Electric Company (TECO) just announced their fourth rate hike in a year. In January, residential customers faced a $9.14 increase per 1,000 kWh, a $20 increase per 1,000kWh in March, and a 10% rise in fuel costs in June. The most recent jolt to TECO’s customers comes in the form of an additional $5.51 for every 1000 kWh used. The average residential customer can expect their bills to increase by $939 per year compared to December 2020.
And consumers? Pay up or be left in the dark…