Each January, Tampa Electric puts into effect the fuel charges that were approved by the Florida Public Service Commission (FPSC) in the company’s annual fuel filing.
Fuel costs are passed through from fuel suppliers to our customers with no markup or profit to Tampa Electric. The reduced fuel charges are due to lower natural gas cost projections for 2010 and the company’s ongoing cost management efforts.
Also effective with your January 2010 bill is a base rate increase recently approved by the FPSC and originally associated with the rate increase authorized by the FPSC in April 2009. This increase reflects cost recovery for five new peak generating units and new rail facilities installed this year. The increase has been granted subject to refund, pending further review and a hearing at the FPSC.
We have several rate schedules for our commercial and industrial customers. Depending on the actual maximum electricity load your facility requires, we will select the appropriate rate schedule.
