We're Committed to Helping You Understand Your Bill and Charges
Whether you're going through your household bills or planning the annual budget for your business, you want to know what you're paying for and understand what you're being charged. We encourage you to read on to learn more about the rates and charges you see on your electric bill.
Typical residential and business bills include the following items:
- Basic Service Charge - Our monthly Basic Service Charge covers the cost of maintaining your electric meter and the wires that bring electrical service to your home or business. It also covers the cost of reading the meter, maintaining customer records and accounting for bill payments, credit and other transactions. Every customer incurs this charge – even if electricity isn't used during the month.
- Clean Energy Transition Mechanism (CETM) – A charge to recover costs associated with electric meter upgrades and the closing of certain coal generating plants to support Tampa Electric's transition to produce clean energy.
- Energy Charge - The monthly Energy Charge includes all other costs of producing the electricity you purchase, except fuel and the storm protection charge. This includes conservation, environmental and capacity cost recovery charges.
- Florida Gross Receipts Tax - A tax is imposed on gross receipts from utility services that are delivered to retail customers in Florida, in accordance with Chapter 203 of the Florida Statutes. The tax is levied on utility companies, which collect the tax from all customers, unless exempt, and remit to the state.
- Franchise Fee - This fee is levied by a municipality for the right to utilize public property for the purpose of providing electric service. Like taxes, the fee is collected by Tampa Electric and is remitted to the municipality.
- Fuel Charge - The monthly Fuel Charge translates to the cost of fuel used to produce your electricity. Fuel costs are passed through from our fuel suppliers to our customers with no markup.
- Storm Protection Charge - This new line item supports the new Storm Protection Plan, which will help reduce power restoration time after severe weather. This program will benefit all customers by strengthening our power system and making storm restoration faster – and cheaper.