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Good news – the savings we shared are arriving sooner than expected.

 

Beginning in August, the storm recovery charge will no longer appear on your Tampa Electric bill. This charge is ending one month earlier than originally planned because the costs to restore power after the historic 2024 hurricane season were recovered ahead of schedule.

We know every dollar matters, especially when managing household expenses. Ending this charge early helps reduce what you would have paid while we continue delivering safe, reliable service.

Here’s what this means for your bill.

Residential and small-business customers will pay about 11% to 12% less than they otherwise would have paid. Depending on your energy use, that’s approximately:

$20
Less for 1,000 kWh

$40
Less for 2,000 kWh

$60
Less for 3,000 kWh

Budget Billing customers will see a more gradual change.

Why is the storm recovery charge ending early?

The storm recovery charge helped recover the costs of restoring power after hurricanes Debby, Helene and Milton. Spreading those costs over 18 months helped minimize the impact on customer bills and recovering them ahead of schedule allowed the charge to end one month early.

The storm recovery charge is separate from Tampa Electric’s ongoing Storm Protection Plan investments, which strengthen the electric system and help reduce the impacts of future severe weather.

We're continuing to invest in a stronger, more reliable system.

Ending the storm recovery charge does not slow our commitment to improving reliability and preparing for severe weather. Tampa Electric continues making investments that strengthen the electric system, improve resilience and provide long-term value for customers. Recent improvements include:

  • More reliable power delivery: Upgraded nearly 2,500 transmission poles, strengthened more than 4,500 power poles and installed more than 1,000 automation devices to help reduce outages and speed restoration.
  • Stronger protection from severe weather: Converted more than 270 miles of overhead power lines underground and upgraded substations with improvements to help protect critical equipment from storms and flooding.
  • Long-term customer value: Completed improvements at Polk Power Station expected to save customers about $152 million over the life of the project and expanded solar energy investments that have reduced fuel costs and saved customers more than $430 million since 2017.

Looking for more ways to save?

Free programs can help you manage energy use and lower costs year-round.

  • Prime Time Plus can provide monthly bill credits by allowing eligible equipment to be briefly paused during high-demand periods.
  • Energy Planner helps you shift energy use to times when electricity costs less.
  • Budget Billing helps make monthly payments more predictable.
  • Personalized Energy Audits provide customized recommendations to help you save energy.

Need help managing your bill?

If you’re having trouble managing your energy bills, we encourage you to contact us as soon as possible. We offer flexible payment options and can help connect you with programs that provide additional assistance. Visit our payment assistance page to learn about available support options.

Thank you for being a Tampa Electric customer.

Tampa Electric