Tampa Electric

About Tampa Electric

Tampa Electric serves 4 counties in the state of Florida including Hillsborough County, Pinellas County, Polk County, and Pasco County. At the moment, there are 840,662 customers of the supplier. About 89.04% of them are residential customers, 10.80% of them are commercial customer accounts and 0.16% are industrial properties. Tampa Electric has an average residential electricity rate of 16.20 cents per kilowatt hour, which is 6.41% above the average Florida rate of 15.23 cents, a potentially frustrating situation for their patrons. In 2022 the company sold 93.00% of their total megawatt hours disposed to end users (known as retail sales). Power generation plants owned by Tampa Electric produced 19,900,257 megawatt hours and an additional 2,089,276 megawatt hours were acquired by way of the wholesale market. The total revenue for the company for 2022 from electricity sales was $2,543,606,800, with 95.87% coming from retail sales to end users and 1.45% from wholesale electricity sales.

The average monthly residential electricity bill for a customer of Tampa Electric is $180.96 per month. Patrons of the supplier are stuck with a 10.19% markup compared to the rest of the state. Production plants associated with or owned by Tampa Electric generate 19,000,105.01 megawatt hours, which is the 73rd highest in the United States out of 3526 providers. The company produces 10.52% of their total generation, which is 1,999,269 megawatt hours, from renewable fuel sources. There are 529,702.44 megawatt hours generated by the supplier using coal. This is the 159th most out of 3526 electric providers in the nation.