Tampa Electric Company Rate Hearing to Begin Tuesday

In August, TECO filed a petition with the PSC for approval of a $228.2 million increase to its electric rates.  TECO provides electric service to approximately 667,000 customers in Hillsborough and portions of Polk, Pasco, and Pinellas counties.  The utility’s last full rate case was in 1992.  The PSC conducted customer service hearings in TECO’s service area last October.

The hearing is scheduled for six days, but could end early.  Hearing dates, times, and location are below.

Tuesday, January 20, 2009 and Wednesday, January 21, 2009
9:30 a.m.
and
Tuesday, January 27, 2009 through Friday, January 30, 2009
9:30 a.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

The PSC is committed to making sure that Florida's consumers receive their electric, natural gas, telephone, water, and wastewater services in a safe, affordable, and reliable manner. The PSC exercises regulatory authority over utilities in the areas of rate base/economic regulation; competitive market oversight; and monitoring of safety, reliability, and service.

For additional information, visit www.floridapsc.com.