On July 14, 2009, the Florida Public Service Commission (FPSC) revised Tampa Electric’s annual base revenue increase by $9.3 million effective August 13, and an additional $516,000 beginning January 1, 2010 based on a recalculation of the required annual revenues.
The $9.3 million base revenue increase will raise the current monthly bill for commercial and industrial customers. However, he total base rate increase is more than offset by our lower fuel charge, which was approved by the FPSC earlier this year. Bill inserts with details about the revised rates will be provided to customers when the rates go into effect.
