TECO customers hit with fourth rate hike in last 13 months

The Brief

  • TECO bills have gone up by $8.88 a month for the average customer.
  • The latest increase is the fourth in 13 months, putting a strain on working families.
  • TECO says higher bills are driven by hurricane recovery costs.

TAMPA, Fla. Once again, TECO customers are seeing higher electric bills after a new base rate increase. This marks the fourth time TECO bills have gone up over the last 13 months.

What we know:

For a typical TECO customer — using 1,000 kilowatt-hours of electricity — this latest increase means paying $8.88 more on average each month.

The increase comes on top of other changes approved over the past year. Those include a storm recovery surcharge, fuel cost adjustments and a base rate hike that took effect in January 2025.

Many customers such as Steven Stevens say the repeated increases are hitting fixed-income households the hardest.

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