Tampa Electric Company (TECO) is increasing the size of the renewable energy blocks sold in its green power program from 100 kWh to 200 kWh while maintaining the $5 price, thus lowering its green pricing premium from 5¢/kWh to 2.5¢/kWh. The utility also received regulatory approval to convert its pilot green energy program to a permanent program. TECO utilizes solar energy, landfill gas, and other biomass resources located within its service territory and throughout the state. The lower premium stems from the utility's ability to increase the use of low-cost biomass in the renewable energy mix.
News Release - Renewable Energy Pilot Program Receives Permanent Status