Tampa Electric reached unanimous agreement this week with consumer advocates on new rates for 2022, including significant investments in clean energy and efficiency.
CEO Archie Collins says it will keep driving down greenhouse gas emissions and increase investment in solar energy.
The new rates will go toward green energy projects, such as shuttering three coal plants and doubling its solar output within two years.
Starting Jan. 1, residential customers using 1,000 kilowatt-hours will pay 14% more, from $120.46 to $105.25. It’s a 2% increase after the temporary fuel adjustment, beginning September.
Next, Florida’s Public Service Commission must approve the rate hike.
– Phil Ammann, Extensive Enterprises Media