Duke Energy Florida and Tampa Electric Co. have filed proposals with the Florida Public Service Commission (PSC) to recoup a combined $1.55 billion in storm-related costs from customers. If approved, the proposals would result in increased monthly bills for customers starting in March 2025 and lasting for one year.
The majority of the funds would cover the expenses of restoring power after a barrage of hurricanes that impacted Florida this year, including Hurricanes Debby, Helene, and Milton. Tampa Electric is also seeking to recover costs associated with Hurricane Idalia, which struck the state in 2023.
Duke Energy is seeking approximately $1.09 billion, while Tampa Electric is requesting nearly $464 million…