TAMPA, Fla. - Homeowners and bill payers in Central Florida may soon see another bump in their utility bills. Tampa Electric Company (TECO) has filed a request with the Florida Public Service Commission (PSC) to temporarily raise electricity rates.

If approved, a typical residential customer using 1,000 kilowatt-hours per month would see their bill increase by 5.3% — or about $8.88 more each month — bringing the total to $176.89. For commercial and industrial customers, the increase would range between 2% and 10%, depending on usage.

PREVIOUS COVERAGE: TECO rate hikes get backing

TECO points to storm recovery costs and previously approved adjustments as key reasons for the proposed rate hike. The company says much of the increase will help fund construction of three new energy st

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