RE:Tampa Electric Reaches Unanimous Settlement Agreement Copied from PR...."May" help future returns long term !
If approved by the Florida PSC, the settlement will result in Tampa Electric's rates remaining significantly below the national average and among the lowest in Florida. The proposed agreement will provide additional revenue increases over three years beginning January 1, 2022 with expected incremental increases in revenue of $191M USD in 2022, $90M USD in 2023 and $21M USD in 2024. The agreement includes a return on equity (ROE) range of 9 - 11% with 9.95% being used for rate making purposes.