TAMPA, Fla. (WFLA)— The Public Service Fee is about to vote Tuesday on charge will increase for Tampa Electrical Firm (TECO) and Duke Power.
On Dec. 27, 2024, each TECO and Duke Power filed a petition for a restricted continuing that sought authority to implement an interim storm restoration restoration cost.
Based on stories, TECO is searching for to get better $463.6 million for the restoration prices associated to Hurricanes Idalia, Debby, Helene, and Milton, in addition to replenish their storm reserve.
Clients might see the restoration storm prices on an interim foundation, 60 days after the fee restoration petition and tariff is filed.
TECO requested a 12-month restoration interval that will be utilized to all buyer payments beginning with the primary billing cycle of March 2025, based on stories.
If accepted, TECO clients might see an extra $30 a month on their invoice.
Duke Power is searching for to get better $1.09 billion for restoration prices associated to Hurricane Debby, Helene, and Milton in addition to the replenishment of its retail storm reserve, the Public Service Fee mentioned.
The $1.09 billion additionally consists of curiosity prices on unrecovered prices from Hurricane Debby.
The restoration of storm prices might start on an interim foundation, 60 days after the petition is filed.
Duke Power has requested a 12-month restoration interval that will be utilized to all payments from March 2025 to February 2026, based on the Public Service Fee.
