Updated: March 2026
Commercial rate guide for TECO — West-central Florida including Hillsborough County, the city of Tampa, and portions of Polk and Pasco counties
General service demand rate (GSD-1) for commercial customers under 500 kW. Large power rate (LP-1) for customers above 500 kW with on-peak and off-peak energy charges. Fuel and purchased power cost recovery clause applied monthly.
Rising
6.1% base rate increase effective January 2026, approved by Florida PSC for infr
6.1% base rate increase effective January 2026, approved by Florida PSC for infrastructure hardening investments
Property managers with TECO accounts frequently encounter these billing challenges:
Fuel cost recovery charges fluctuating significantly month-to-month
Storm hardening surcharges adding to base rates
Demand charges on GSD-1 accounts during seasonal peaks
Gross receipts tax applied on top of all charges
The utility is the sole provider in this service territory.
Florida is a fully regulated state. Tampa Electric is a vertically integrated utility under TECO Energy providing all electric services.
Storm protection plan cost recovery filing pending before FPSC for 2026-2027 with estimated 1.5% surcharge
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