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Tampa Electric asked the commission to approve a $287.98 million increase in 2025, followed by increases of $92.37 million in 2026 and $65.47 million in 2027.
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Across all personal lines of insurance — a category that includes policies for homeowners, condominium-unit owners, renters and mobile homes — the average increase would be 14 percent.
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TECO sent a letter to the chairman of the Florida Public Service Commission, asking to raise profits through a series of rate increase that would increase revenues by a total of more than $1.1 billion over the next three years.
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TECO withdrew a petition to avoid a survey that advocates say ensures rate hikes are assigned fairlyAdvocates said they drove hundreds of comments to the Florida Public Service Commission requesting it do a full and balanced cost of service study, including individual letters from two Hillsborough commissioners.
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Florida insurers selling health insurance under the Affordable Care Act requested the lowest premium hikes since the law's inception, despite numerous...
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Pointing to Hurricane Irma and other recent storms, Duke Energy Florida and Tampa Electric Company on Thursday filed proposals to collect millions from…