Tampa Electric asks to increase rates

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June 12, 2008

Tampa Electric asks to increase rates

Tampa Electric and Peoples Gas today announced today plans to increase monthly bills for their customers. The average Tampa Electric residential bill would increase 9 to 10 percent, and the average Peoples Gas bill would increase 10 percent, the utilities said.

The utilities, both subsidiaries of Tampa-based TECO Energy, told the Public Service Commission today that it plans to seek the base rate increase. The utility has 60 days to provide more information.

A decision could take eight months, said spokesman Rick Morera. Both utilities anticipate the rate increases would take effect in May 2009.

Check back for more details.

-Asjylyn Loder, Times Staff Writer

Posted by Times Editor at 05:30:30 PM on June 12, 2008
in Tampa Bay news | Permalink

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Global warming, gas prices, "green" living — how can you keep up with it all? The Fueling Station is your source for energy and environment news in Florida and beyond. From alternative energy to wetlands, Times reporter Craig Pittman provides the latest news, and let you know how it impacts your life, your pocketbook and your world. We welcome your ideas, experiences and opinions.

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