Focused on the people we serve.
The most important way we provide value to our customers and support our communities is by providing safe, reliable and affordable energy. The energy we generate in environmentally responsible ways enhances our customers' lives, offering efficiency, security and comfort.
For residential, commercial, and industrial sectors, Peoples Gas' rates* are the lowest in the state, and Tampa Electric's rates* are the second lowest in the state among investor-owned utilities.
Investing in Reliability
In 2015, Tampa Electric invested more than $40 million to strengthen and upgrade our system and reduce "flickers," or momentary power outages. We are installing recloser devices on power poles across our service area – focusing on neighborhoods with the most "flickers" – to stop power interruptions before they travel downstream to more customers.
At Peoples Gas, we are investing $100 million a year to upgrade and extend the gas transmission system. This includes $8 million annually in our 10-year program to replace nearly 150 miles of cast-iron pipe and about 400 miles of bare steel pipe – which together comprise about 4 percent of our system.
We're also investing over $40 million to expand and upgrade the New Mexico Gas Co. system. This includes initiatives to replace PVC and bare steel pipe as well as projects designed to meet current and future customer growth.