Florida · Investor Owned

Tampa Electric Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

14.67¢
Avg residential price / kWh
757.3K
Residential customers
+3.4%
vs Florida average
$1,989
Implied avg annual bill

Tampa Electric Co charged an average of 14.67¢ per kWh to residential customers in 2024 - close to the Florida average and below the US average.

Tampa Electric Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Florida customer-weighted average (+3.4%). Its customers used above the national residential norm at about 13,560 kWh a year each.

How this price compares

Ranked by price against the 41 utilities reporting residential rates in Florida, Tampa Electric Co comes 28th of 41. The state's range runs from Tesla Inc. at 4.71¢ to Sunnova at 21.36¢, so where a household sits inside Florida depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in Florida, which averaged 16.12¢, Tampa Electric Co is below its own ownership class within the state (-9.0%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 41 reporting utilities.

Where Tampa Electric Co sits among Florida utilities

2024 average residential price across the 41 utilities reporting a rate in Florida

14.67¢/kWh 33rd affordability percentile More affordable than 33% of 40 other utilities

Tampa Electric Co

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Tampa Electric Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Tampa Electric Co 14.67¢ -
Florida (customer-weighted, 41 utilities) 14.19¢ +3.4%
United States average 16.48¢ -11.0%
Investor Owned utilities nationally (183) 17.36¢ -15.5%

Rate against consumption: Florida utilities

Each dot is one of the 41 Florida utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Tampa Electric Co is highlighted. In Florida the cheapest rate and the smallest implied annual bill happen to belong to the same utility, Tesla Inc.; across the country they usually do not. 2×2 strategic matrix plotting 41 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 41 Florida utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Tampa Electric Co is highlighted. In Florida the cheapest rate and the smallest implied annual bill happen to belong to the same utility, Tesla Inc.; across the country they usually do not.

Scale and consumption

Tampa Electric Co reported 757.3K residential customers, ranking 3rd of 41 utilities in Florida by customers served and covering 7.3% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 13,560 kWh per customer per year - above the national residential norm, implying a typical annual bill near $1,989.

Within Florida the median reporting utility sells about 13,490 kWh per customer, so Tampa Electric Co customers use +0.5% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Florida

All 41 utilities reporting bundled residential service in Florida, largest first, with Tampa Electric Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Florida, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Florida Power & Light Co Investor Owned 5.2M 13.71¢
Duke Energy Florida, LLC Investor Owned 1.8M 16.63¢
Tampa Electric Co (this page) Investor Owned 757.3K 14.67¢
JEA Municipal 470.6K 12.43¢
Orlando Utilities Comm Municipal 248.7K 15.24¢
Lee County Electric Coop, Inc - (FL) Cooperative 231.1K 13.54¢
Withlacoochee River Elec Coop Cooperative 229.4K 12.35¢
Sumter Electric Coop, Inc Cooperative 228.9K 13.09¢
Clay Electric Cooperative, Inc - (FL) Cooperative 171.2K 13.09¢
City of Lakeland - (FL) Municipal 121.6K 11.40¢
City of Tallahassee - (FL) Municipal 106.9K 13.60¢
Gainesville Regional Utilities Municipal 93.0K 14.87¢
Kissimmee Utility Authority Municipal 79.3K 13.22¢
Peace River Electric Coop, Inc Cooperative 57.6K 12.35¢
Choctawhatche Elec Coop, Inc Cooperative 57.1K 13.23¢
Talquin Electric Coop, Inc Cooperative 53.9K 14.85¢
City of Ocala Municipal 45.2K 12.11¢
Central Florida Elec Coop, Inc Cooperative 32.8K 13.62¢
Beaches Energy Services Municipal 30.4K 12.38¢
Florida Keys El Coop Assn, Inc Cooperative 28.8K 12.94¢
New Smyrna Beach City of Municipal 27.9K 10.92¢
Utility Board of the City of Key West, F Municipal 27.3K 14.03¢
West Florida El Coop Assn, Inc Cooperative 26.4K 16.36¢
City of Homestead - (FL) Municipal 26.1K 12.29¢
Suwannee Valley Elec Coop Inc Cooperative 25.9K 15.00¢
Florida Public Utilities Co Investor Owned 25.6K 18.01¢
City of Leesburg - (FL) Municipal 24.5K 12.93¢
City of Lake Worth Beach - (FL) Municipal 24.5K 12.60¢
Fort Pierce Utilities Authority Municipal 24.4K 12.62¢
Gulf Coast Electric Coop, Inc Cooperative 21.2K 14.67¢
Tri-County Electric Coop, Inc (FL) Cooperative 18.0K 17.61¢
Sunnova Behind the Meter 16.4K 21.36¢
Glades Electric Coop, Inc Cooperative 14.5K 16.59¢
Sunrun Inc. Behind the Meter 14.4K 17.15¢
City of Winter Park - (FL) Municipal 12.1K 13.63¢
Escambia River Elec Coop, Inc Cooperative 11.9K 15.27¢
City of Bartow - (FL) Municipal 11.6K 10.83¢
Okefenoke Rural El Member Corp Cooperative 11.1K 13.95¢
Tesla Inc. Behind the Meter 703 4.71¢
Palmetto Solar, LLC Behind the Meter 347 12.90¢
Central Florida Tourism Oversight District Municipal 9 11.48¢

For generation mix and price history statewide, see electricity rates in Florida.

Common questions about Tampa Electric Co rates

How much does Tampa Electric Co charge per kWh?
Tampa Electric Co reported an average residential price of 14.67¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Tampa Electric Co expensive compared with the rest of Florida?
Its average residential price is close to the Florida customer-weighted average of 14.19¢ per kWh, a difference of +3.4%. The state figure is weighted by customers across the 41 utilities reporting residential service in Florida.
What is the average electricity bill for Tampa Electric Co customers?
Dividing reported residential sales by residential customers gives about 13,560 kWh per customer per year. At the reported average price that implies roughly $1,989 a year, or about $166 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Tampa Electric Co?
EIA classifies Tampa Electric Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.