TECO to seek storm recovery fee, would add monthly cost to customers


Final Up to date: Thursday, December 28, 2017, three:fifty two PM EST

For the third time in current weeks, a serious energy firm has stated it needs so as to add a storm restoration payment to its month-to-month payments to clients.

Tampa Electrical on Thursday filed with the Florida Public Service Fee to hunt restoration of prices to revive energy after Hurricane Irma and a number of other earlier storms that embrace tropical storms Erika and Colin, and hurricanes Hermine and Matthew.

The corporate is in search of about $88 million. For the typical buyer, who makes use of 1,000 kilowatt-hours (kwh) a month, that may add $four to their month-to-month invoice.

The cost would take impact in March and proceed all through 2018, when it will probably be decreased, in accordance with a information launch by TECO.

The corporate stated it will cowl storm bills for the previous three years and replenish the storm reserve for future occasions.

The PSC and shopper teams are anticipated to evaluation and talk about the prices in early 2018.

Duke Power has additionally stated it’ll file with the PSC so as to add about $5 month-to-month to payments.

Florida Energy and Mild can also be looking for a $four month-to-month surcharge to recoup prices from Hurricane Irma. The corporate introduced its intent in October.

Newest Information: Hillsborough County



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