Tampa Electric Co electricity rates

It serves 757,280 residential customers, making it one of the larger utilities in Florida. At 14.67¢ per kilowatt-hour it tracks the Florida average of 15.17¢ closely, which is what you would expect from a utility large enough to shape that average itself.

Its customers use more electricity than the national norm, 1,130 kilowatt-hours a month against 871, which amplifies whatever the rate does.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Tampa Electric Co customer went 4,240 minutes without electricity across 3.56 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

Tampa Electric Co offers critical peak pricing to residential customers. 3,709 households were enrolled, about 0.5% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.

28,828 residential customers had net-metered solar in 2024, totalling 337.58 megawatts. That works out to 38.1 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption here is exceptionally high. That usually means some combination of a high retail rate worth displacing, strong sunshine and favourable export rules, and it tends to bring its own regulatory argument about who covers the fixed cost of the network. What exports are actually worth.