Florida · Investor Owned · investor

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

Among 194 utilities with 100,000 or more residential customers, Tampa Electric Co ranks #99 by average cents per kWh and #39 by residential customers. Tampa Electric Co charged an average of 14.67¢ per kWh to residential customers in 2024 - close to the Florida average and below the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. 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.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release FL-2024 · Tampa Electric Co NEAR STATE

Tampa Electric Co · Form 861 2024 · NEAR STATE

  • RATE 14.67¢/kWh
  • RANK #28/41
  • VS-ST +3.4%
  • VS-US -14.3%
  • CUST 757k
  • BILL $1,989
  • OWN IOU
  • PHOTO WA 0.04¢
  • BOOK 39/194

Nearest Form 861 price peer: Puget Sound Energy Inc (WA) (-0.04¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Florida rates

Tampa Electric Co in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • SC
    15
  • TX
    15
  • WA
    15
  • this util
    15
  • TX
    15

What this shows Tampa Electric Co reports 14.67¢/kWh, corpus customer-rank 39 of 194.

Source EIA Form 861 residential survey As of 2024
F33/100

RateWatt cost context

How Tampa Electric Co compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Florida; the state generation context is shown separately.

Price against state peers
33/100

14.67¢/kWh · median 13.54¢/kWh

Implied annual bill against state peers
35/100

$1,989/yr · median $1,856/yr

State renewable generation context
28/100

11.7% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

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, whose customer-weighted average is 14.46¢, Tampa Electric Co is close to its own ownership class within the state (+1.4%).

State price distribution

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%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -14.3%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -20.1%

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 050100150 050100150 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.

Territory and usage

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 - +0.5% against the Florida median of 13,490 kWh , implying a typical annual bill near $1,989.

State peers

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.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Florida, these indexable investor owned utilities report the closest residential averages to Tampa Electric Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Florida nearest in residential price
Utility State Customers Avg ¢/kWh
Puget Sound Energy Inc Washington 1.1M 14.63¢
Dominion Energy South Carolina, Inc South Carolina 696.4K 14.59¢
Sierra Pacific Power Co Nevada 330.9K 14.52¢
Mississippi Power Co Mississippi 157.4K 14.47¢
Duke Energy Progress - (NC) South Carolina 143.7K 14.88¢

FAQ

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, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

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 and comparing utility costs across states .

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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.