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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error

Tampa Electric Co in Florida: 14.67 ¢ home rates, SAIDI and solar

In Florida, Tampa Electric Co bills 849,876 accounts, 89.1% residential, as an investor owned utility. Major event days make 98% of its yearly outage minutes (4240 with them, 70 without).

Big Bend Power Station beside the Tampa Electric Manatee Viewing Center, Apollo Beach, Florida
Boardwalk leading towards the water, overlooked by Big Bend Power Station, at Manatee Viewing Center, Apollo Beach, Florida, on 21 March 2024. Photo by MatthewHoobin, CC0, Wikimedia Commons. Illustrative, not a listed utility's plant.

At 1,130 kWh a month a Tampa Electric Co home pays about $166 in energy: 14.67 ¢/kWh, 3.8% above the Florida average of 14.14 ¢.

Major event days make 98% of its yearly outage minutes (4240 with them, 70 without).

Tampa Electric Co: major event days

Share of SAIDI from major events
98%4240 minutes with events, 70 without

Major events weigh on Tampa Electric Co: 4240 minutes with them, 70 without, so 98% of the total comes from event days, 60.45 times the everyday figure.

SAIFI adds the frequency view: 1.03 interruptions a customer a year, 1.02 times the national median (1.01), with 68 minutes per interruption.

How it compares

Tampa Electric Co
Tampa Electric Co, 2024HomeBusinessBillSAIDI
Tampa Electric Co14.67 ¢/kWh10.71 ¢/kWh$166at 1,130 kWh70 minSAIDI
Florida average against this company, which is 22 of 30 on priceLowest in this table-0.53 ¢/kWhcompany 3.8% above+0.28 ¢/kWhcompany 2.5% below-$6a month at 1,130 kWh+20 mincompany 20 below
Gulf Coast Electric Coop, Inc14.67 ¢/kWhcompany 0.0% below12.89 ¢/kWhcompany 16.9% below$1660 more than company423 mincompany 352 below

Compare 35 Florida companies

Tampa Electric Co: 2025

Tampa Electric Co: +18.1% on 2024 for homes, Florida +7.8%.

Tampa Electric Co home price, 2025
17.32 ¢/kWh+18.1% on 2024, early release
Tampa Electric Co SAIDI, 2025
79 min+12% on 2024, early release
Tampa Electric Co against Florida, 2025
+10.3 pointsTampa Electric Co +18.1%, Florida +7.8%, price in Florida 15.24 ¢

Tampa Electric Co: 17.32 ¢/kWh in the 2025 early release, +18.1% from 14.67 ¢; Florida as a whole went +7.8%, so Tampa Electric Co ran ahead of it by 10.3 points. Its SAIDI is 79 minutes against 70 in 2024.

Carbon context

Tampa Electric Co serves 757,280 homes in Florida. At 1,130 kWh a month that is about 403 kg of CO₂, or 4,838 kg a year, at the Florida plant rate, state generation and not this utility: Florida generation mix.

Tampa Electric Co charts

Residential price since 2015: 14.67 ¢ in 2024

11.50 ¢ in 2015, 14.67 ¢ in 2024 (+27.6%); Florida 11.58 to 14.14 ¢.

Tampa Electric Co residential price 2015-2024, 2015 to 2024: 10 rows
YearTampa Electric CoGap to Florida residentialGap to U.S. residential
201511.50-0.08-1.15
201611.27+0.29-1.28
201711.14-0.47-1.75
201811.33-0.21-1.54
201910.93-0.77-2.08
202010.08-1.19-3.07
202111.63-0.27-2.03
202213.66-0.24-1.38
202316.60+1.39+0.60
202414.67+0.53-1.81

10 rows from EIA retail sales.

CSV

Tampa Electric Co SAIDI, 2015-2024

94 min in 2015, 70 in 2024.

Tampa Electric Co SAIDI by year, 2015 to 2024: 10 rows
YearTampa Electric Co, no major events
201594
2016102
201787
201882
201986
202075
202166
202267
202361
202470

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 70.1 min

70.1 min, 0.71x the median reporter, rank 236 of 673.

min

  • Company, no major events70.1
  • Company, with major events4,239.7

Tampa Electric Co, Reliability: EIA-861 survey.

CSV

Analyst note

Tampa Electric Co billed homes 11.50 ¢/kWh in 2015 and 14.67 ¢ in 2024, +27.6% in all, and outpaced the Florida average (+22.1%) by 5.5 points. Tampa Electric Co's sharpest move came in 2023, +21.5%. The high is 16.60 ¢ (2023) and the low 10.08 ¢ (2020). 2024: -11.6% here, -7.0% for the Florida average. SAIDI at Tampa Electric Co (major events excluded) fell from 94 minutes in 2015 to 70 in 2024, -25%; best year 2023 at 61. Against the national median, Tampa Electric Co came in lower on SAIDI in 9 of 10 years, and 2024 ended at 70 minutes, -29 from the median. 2024: 4240 minutes with major events, 70 without, the widest gap of any year. Tampa Electric Co has 21 cheaper and 8 higher-priced Florida peers among 30 with 20,000+ homes. Next cheaper, Utility Board of the City of Key West, F, bills 14.03 ¢ (-0.64). Next higher-priced, Gulf Coast Electric Coop, Inc, bills 14.67 ¢ (+0.00).

Customers pay 3.8% over the Florida average and get some return: 70 outage minutes, 29% under the national median.

Home accounts at Tampa Electric Co went from 635,403 in 2015 to 757,280 in 2024, +19.2%. Business customers paid 0.73 times the home price in 2024 (10.71 against 14.67 ¢); the ratio was 0.87 in 2015. SAIFI went from 1.32 in 2015 to 1.03 in 2024, between 0.95 and 1.45.

Facts

Customer accounts
849,8767.2% of Florida total
Residential accounts
757,2807.3% of Florida homes
Commercial accounts
91,28610.7% of the base
Residential rate
14.67 ¢/kWhplace 22 of 30, +3.8% against the state
Commercial rate
10.71 ¢/kWhplace 9 of 36, -2.5% against the state
SAIDI, no major events
70.1 minbetter than 65% of reporters
SAIFI, no major events
1.031.02x the median
SAIDI with major events
4239.7 min98.3% from event days
Net-metered capacity
387.4 MW29,924 installations
Counties served
4all in Florida
Average residential use
13,560 kWh/yr1,130 a month
Implied monthly bill
$166-$20 on the U.S. rate, 1,130 kWh
Residential rate since 2015
+27.6%11.50 to 14.67 ¢/kWh
SAIDI trend
-25%94 min in 2015, 70 in 2024

Data tables

2024 by sector, Tampa Electric Co

Tampa Electric Co sectorAccountsRate ¢/kWhGap to Florida ¢/kWh
Residential757,28014.67+0.53
Commercial91,28610.71-0.28

Year by year, Tampa Electric Co

YearHome accounts, Tampa Electric CoHome ¢Business ¢RatioSAIDISAIFI
2015635,40311.5010.030.87941.32
2016646,22111.279.770.871021.45
2017659,39311.149.460.85871.33
2018677,63911.339.390.83821.15
2019685,12210.939.120.83861.36
2020698,49310.088.480.84750.95
2021713,13511.639.900.85660.99
2022729,33413.6610.690.78671.01
2023742,57516.6012.510.75610.97
2024757,28014.6710.710.73701.03

Peers of Tampa Electric Co in Florida, place 22 of 30 on home price

Utility near Tampa Electric Co on priceSAIDI min, gap to Tampa Electric CoHome ¢, gap to Tampa Electric CoGap % to Tampa Electric CoAccounts, Tampa Electric Co = 1
19. Central Florida Elec Coop, Inc+88-1.05-7.2%0.04
20. Florida Power & Light Co-24-0.97-6.6%6.95
21. Utility Board of the City of Key West, FNo data-0.64-4.4%0.04
22. Tampa Electric Co (this utility)7014.67-1.00
23. Gulf Coast Electric Coop, Inc+352+0.00+0.0%0.03
24. Talquin Electric Coop, Inc+166+0.17+1.2%0.07
25. Gainesville Regional Utilities-14+0.20+1.4%0.12

Who buys Tampa Electric Co's electricity

Class at Tampa Electric CoAccountsOf Tampa Electric Co accountsOf Tampa Electric Co MWh soldkWh a year per Tampa Electric Co account
Residential757,28089.1%49.6%13,560
Commercial91,28610.7%40.6%92,171
Industrial and other1,3100.15%9.8%1,541,002

Tampa Electric Co among Florida investor owneds

Tampa Electric Co and its neighbours on priceSAIDI min, gap to Tampa Electric CoHome ¢, gap to Tampa Electric CoAccounts, Tampa Electric Co = 1
1. Florida Power & Light Co (FL)-24-0.976.95
2. Tampa Electric Co (FL, this utility)7014.671.00

Tampa Electric Co: meters, rate options and solar

MeasureTampa Electric CoFlorida contextTampa Electric Co detail
Tampa Electric Co home meters on AMI99.9%Florida 94.5%762,368 of 762,913 meters
Homes with daily digital access3,709Florida figure not published0% of the 757,280 home accounts
Time-of-use rate for Tampa Electric Co homesNot on file11 of 19 Florida utilities offer one3,709 homes on dynamic pricing, 0.49% of 757,280
Net-metered installations29,92499% residential39.1 homes per 1,000 accounts, 12.9 kW average

Monthly energy cost by use, Tampa Electric Co

kWhShare of a 1,130 kWh monthCost a month at 14.67 ¢vs U.S.Cost a year
25022%$36.68-$4.52$440
50044%$73.35-$9.05$880
75066%$110.03-$13.57$1,320
1,00088%$146.71-$18.09$1,761
1,500133%$220.06-$27.14$2,641
2,000177%$293.42-$36.18$3,521

Outage record, Tampa Electric Co

Measure, Tampa Electric CoNo eventsAll eventsConverted
SAIDI minutes70.14239.71.17 h
SAIFI interruptions1.0303.5600.97 yr apart
CAIDI minutes68.11190.91.13 h

Territory of Tampa Electric Co

4 Florida counties, region FRCC:

Counties served by Tampa Electric CoPinellasPascoHillsboroughPolk

Florida other states: 4 of 4 counties of Tampa Electric Co drawn

Tampa Electric Co: 4 counties listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Hillsborough
  • Pasco
  • Pinellas
  • Polk

Questions on Tampa Electric Co

How big is Tampa Electric Co in Florida, by customer accounts?

849,876 accounts in 2024: residential 757,280, commercial 91,286, industrial 1,310.

How many cents per kWh does Tampa Electric Co charge homes?

In 2024 homes paid 14.67 cents; against the Florida average that is +3.8%.

What are the SAIDI and SAIFI of Tampa Electric Co?

SAIDI 70.1 min and SAIFI 1.03 a year, major events excluded; ratio to the national median 0.71, CAIDI 68 min.

How many net-metered systems connect to Tampa Electric Co?

29,924 installations with 387.4 MW, of which residential installations number 29,579.

What would a typical Tampa Electric Co home pay each month?

1,130 kWh at 14.67 cents comes to about $166, energy only.

Is Tampa Electric Co cheaper than other Florida utilities?

Rank 22 of 30 in Florida on price, +3.8% against the state average; 21 charge less than 14.67 ¢.

How much of the Tampa Electric Co load is business?

Homes take 49.6% of 20,701,622 MWh, commercial accounts 40.6%, industrial and other 9.8%; the 91,286 commercial accounts use 92,171 kWh each, 6.8 times a home.

Does Tampa Electric Co have smart meters or TOU rates?

762,368 of 762,913 home meters are AMI, 99.9%. Tampa Electric Co reports no home time-of-use rate; 11 of 19 Florida filers do.

Since 2015, has Tampa Electric Co become cheaper than other Florida utilities?

9th cheapest of 28 in 2015, 22nd of 30 in 2024; its price rose 27.6% while Florida rose 22.1%.

Did Tampa Electric Co cut or raise its 2025 home price?

17.32 cents per kWh, +18.1% on the 14.67 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Tampa Electric Co at 14.67 ¢/kWh in 2024, among companies with a page here, any state.

More on Tampa Electric Co

Primary sources for Tampa Electric Co in Florida: 14.67 ¢ home rates, SAIDI and solar

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At 1,130 kWh a month a Tampa Electric Co home pays about $166 in energy: 14.67 ¢/kWh, 3.8% above the Florida average of 14.14 ¢.