Rate hikes approved for TECO, Duke Energy
State regulators on Tuesday approved rate increases for Duke Energy and TECO customers to cover costs from Florida's devastating 2024 hurricane season. Evan Axelbank reports.
Florida utility regulators approve rate hike for Duke Energy to cover storm costs
For Duke residential customers who use 1,000 kilowatt hours, the storm costs represent a $32.40 increase on monthly bills, according to a commission staff recommendation. But commissioners pointed to other upcoming changes in Duke bills,
Duke Energy, Tampa Electric customers to pay at least $20 monthly hike for storm costs
Floridians who get their electricity from Duke Energy or Tampa Electric will soon face hefty increases of at least $20 more per month on their bills, as part of the two companies’ efforts to recoup costs from last year’s hurricane season.
TECO, Duke Energy customers could see an increase on their monthly bill
The Public Service Commission is set to vote on rate increases for Tampa Electric Company (TECO) and Duke Energy.
Duke Energy, Tampa Electric customers face sharply higher bills for storm costs
The Florida Public Service Commission approved sharp increases on Tuesday for customers of Duke Energy (NYSE:DUK) and Emera's (OTCPK:EMRAF) Tampa Electric of at least $20/month, as part of the two companies' attempts to recover costs from last year's hurricane season,
Florida Regulators Approve $1.55 Billion In Hurricane-Related Costs For Tampa Electric, Duke Energy
Florida utility customers can expect to see higher bills in the coming months as the Florida Public Service Commission (PSC) has approved interim storm restoration costs for Tampa Electric Company (TECO) and Duke Energy Florida (DEF).
Tampa Electric, Duke Energy to collect $1.55 billion for hurricane costs
While trying to cushion the blow for Tampa Electric Co. customers, state regulators Tuesday approved proposals by Tampa Electric and Duke Energy Florida to collect more than $1.55 billion to cover hurricane-related costs and replenish storm reserves.
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