Tampa Electric Co residential customers paid an average of 14.67¢/kWh in 2024 —
4% above the Florida average of 14.14¢/kWh (EIA-861).
It served 757,280 residential customers across 4 FL counties.
Territories are fixed by address, but the cheapest nearby utility, City of Bartow (10.83¢), works out about $415/yr less at 10,800 kWh/yr.
How Tampa Electric compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Tampa Electric, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| City of Bartow | 10.83 | 11,613 | -3.84 | -$415 |
| City of Lakeland | 11.40 | 121,604 | -3.27 | -$353 |
| Peace River Electric Coop, Inc | 12.35 | 57,589 | -2.32 | -$251 |
| Withlacoochee River Elec Coop | 12.35 | 229,375 | -2.32 | -$251 |
| Sumter Electric Coop, Inc | 13.09 | 228,855 | -1.58 | -$171 |
| Tampa Electric Co (this page) | 14.67 | 757,280 | — | — |
| Duke Energy Florida, LLC | 16.63 | 1,793,067 | +1.96 | +$211 |
6 bundled utilities (≥5,000 customers) share at least one county with Tampa Electric. Positive $/yr = that utility's customers pay more than Tampa Electric customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Tampa Electric customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Tampa Electric premium, $/yr |
|---|---|---|---|
| Polk | City of Bartow | 10.83 | +$415 |
| Hillsborough | Peace River Electric Coop, Inc | 12.35 | +$251 |
| Pasco | Withlacoochee River Elec Coop | 12.35 | +$251 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 16.60 | 14.67 | -11.6% |
| Residential customers | 742,575 | 757,280 | +2.0% |
Ownership: Investor Owned. Statewide context: Florida electricity rates.
Supply vs delivery on a Tampa Electric bill
Florida is a regulated retail market — Tampa Electric customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: floridapsc.com.
Counties served (FL, EIA-861 2024)
Hillsborough · Pasco · Pinellas · Polk
Head-to-head comparisons
- Duke Energy Florida, LLC vs Tampa Electric Co
- Tampa Electric Co vs Withlacoochee River Elec Coop
- Tampa Electric Co vs Sumter Electric Coop, Inc
- Tampa Electric Co vs City of Lakeland
- Tampa Electric Co vs Peace River Electric Coop, Inc
Questions people ask
- Is Tampa Electric Co more expensive than other Florida utilities?
- Tampa Electric Co customers paid an average 14.67 cents/kWh in 2024 — 4% above the Florida volume-weighted average of 14.14 cents (EIA-861, bundled residential service).
- Can I switch away from Tampa Electric Co?
- No — distribution territory is fixed by address and Florida has no residential supplier shopping. Rate changes go through the state utility commission (floridapsc.com).
- How many customers does Tampa Electric Co have?
- 757,280 residential customers in Florida in 2024 across 4 counties, per its EIA-861 federal filing. Ownership type: investor-owned.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861)
and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff,
usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states
you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr
(US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes
and is not affiliated with any utility, supplier, or government agency.