Case: 20210034
Initial Filing Date: 2/1/2021
Summary: 18% increase
Effective Date: 1/1/2022
Status: Settled
Type: Electric
Tampa Electric has filed a petition with the Florida Public Service Commission requesting a general base rate increase of approximately $295 million, or approximately 18%. Effective Jan. 1st, 2022, this increase will affect all customers taking service in the state of Florida.
They have also requested two generation base rate adjustments of $102 million and $26 million to go into effect on January 1st of 2023 and 2024, respectively.
For the rates going into effect on January 1st, 2022, see below for a summary of how the increase will affect the average customer’s monthly bill, broken down by rate class:
- The monthly bill for the average Residential Service customer would increase from $105.25 to $125.48, or a 19.2% total increase.
- The monthly bill for the average Small Commercial General Service customer would increase from $162.31 to $188.51, for a 16.1% total increase.
- The monthly bill for the average Commercial General Service Demand customer would increase from $34,142.69 to $38,432.20, for a 12.6% total increase.
For a full breakdown, Schedule A-3 can be found here, and shows the percentage increase for each component of each schedule.
The proposed tariff can be viewed in its entirety here in Appendix B, as a part of Tampa Electric’s official filing.
Lastly, to view any other related documents, the full docket for this rate case can be found here on the Commission’s website.
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