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Tampa Electric, also known as TECO, is the electric company in Tampa, Florida. It has been supplying electricity to the Tampa Bay area since 1899. The company is part of the TECO Energy family of companies, which includes Peoples Gas System and New Mexico Gas Co. Tampa Electric has a large customer base of almost 725,000 residential, commercial, and industrial users and is committed to achieving net-zero carbon emissions by 2050.
| Characteristics | Values |
|---|---|
| Name | Tampa Electric Company (TECO) |
| Year of establishment | 1899 |
| Parent company | TECO Energy, a subsidiary of Emera Inc. |
| Number of customers | 667,000-730,000 |
| Service area | 2,000 square miles in West Central Florida, including Tampa Bay and parts of Hillsborough, Polk, Pasco and Pinellas counties |
| Number of employees | 2,500-5,000 |
| Megawatts of generating capacity | 4,400 |
| Type of power plants | Coal, natural gas, solar |
| Environmental initiatives | Plans to achieve net-zero carbon emissions by 2050, investing in renewable energy technologies |
| Notable incidents | 2017 explosion at Big Bend power plant, 2019 explosion at a shopping center in Plantation, Florida |
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What You'll Learn
Tampa Electric Company (TECO) has supplied electricity to the Tampa Bay area since 1899
TECO provides electricity to nearly 725,000 customers in West Central Florida, including most of Hillsborough County and parts of Polk, Pasco, and Pinellas counties. The company has a generating capacity of 4,400 megawatts and operates six power-generating stations. It also supplies power to iconic Florida attractions like the Museum of Science and Industry, LEGOLAND Florida, the Florida Aquarium, and Tampa's Lowry Park Zoo.
TECO has a team of over 2,500 employees and is committed to environmental responsibility. The company has invested in solar power, with a 23-megawatt solar plant that can power more than 3,200 homes and reduce carbon dioxide emissions by up to 30,000 tons annually. TECO has also set a target of achieving net-zero carbon emissions by 2050 and is working to improve existing power stations and move away from coal usage.
In addition to its focus on renewable energy, TECO prioritizes community engagement and support for education. The company has sponsored events like the East Tampa Future Fair and the University of South Florida's Joyce Russell Kente Awards and Scholarship Ceremony. TECO also invested $5 million in the University of South Florida's Clean Energy Research Center to promote innovation in clean energy.
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TECO is a subsidiary of Emera Inc
The Tampa Electric Company (Tampa Electric) has been supplying electricity to the Tampa Bay Area since 1899. It was founded by Colonel Peter O. Knight to meet the energy needs of the growing Tampa community. Tampa Electric is part of the TECO Energy family of companies, which is an energy-related holding company based in Tampa, Florida. TECO Energy, in turn, is a subsidiary of Emera Incorporated, a utility holding company based in Halifax, Nova Scotia, Canada.
Emera's acquisition of TECO Energy was announced on September 4, 2015, and the deal closed on July 1, 2016. Before the acquisition, TECO Energy was a publicly-traded company listed on the S&P 500. TECO Energy has several subsidiaries, including Tampa Electric, which is one of Florida's largest investor-owned electric utilities, serving more than 830,000 customers in West Central Florida.
Tampa Electric has a team of over 2,500 employees and provides electric service to almost 672,000 customers. The company has invested in initiatives to increase the use of zero/low-carbon technologies and improve renewable energy capabilities. For example, Tampa Electric has invested in emerging technologies such as carbon capture, biofuels, hydrogen, wind turbines, and battery storage. In 2022, Tampa Electric invested $5 million in the University of South Florida's College of Engineering's Clean Energy Research Center to support its target of achieving net-zero carbon emissions by 2050.
In addition to Tampa Electric, TECO Energy has other subsidiaries, including Peoples Gas Company and TECO Services. Peoples Gas Company provides natural gas throughout Florida and is the state's largest natural gas distribution utility, serving nearly 470,000 homes and businesses. TECO Services provides IT, HR, legal, facilities, and other services to current and former TECO subsidiaries.
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TECO has over 672,000 customers
Tampa Electric, also known as TECO, has been supplying electricity to the Tampa Bay Area since 1899. TECO has over 672,000 customers and is part of the TECO Energy family of companies, which includes Peoples Gas System and New Mexico Gas Co. TECO Energy is a subsidiary of Emera Incorporated, a utility holding company based in Halifax, Nova Scotia, Canada.
TECO provides electricity to residential, commercial, and industrial users in an area of approximately 2,000 square miles in West Central Florida. The company has six traditional coal or natural gas-generating stations and is also a pioneer in alternative energy, with solar arrays powering iconic Florida attractions such as the Museum of Science and Industry, LEGOLAND Florida, and the Florida Aquarium. TECO has invested in emerging technologies such as carbon capture, biofuels, hydrogen, wind turbines, and battery storage to improve its renewable energy capabilities.
TECO's power grid has a generating capacity of 4,400 megawatts, and the company employs over 2,500 people. TECO has taken steps to modernize its power plants and improve generation efficiency, moving away from coal usage and optimizing pollution controls. In 2022, TECO invested $5 million in the University of South Florida's College of Engineering's Clean Energy Research Center to meet its target of net-zero carbon emissions by 2050.
TECO has also enhanced its power allocation and external power source purchasing decisions by utilizing real-time data and advanced technology. The company has installed Panasonic Video Walls, which provide simultaneous views of real-time system demands, current and forecast weather information, power demand maps, and more. This technology enables TECO to make nimble and accurate decisions in response to expected and unforeseen changes in power consumption.
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TECO has a team of over 2,500 employees
Tampa Electric, commonly known as TECO, is a subsidiary of Emera, Inc., a utility holding company based in Halifax, Nova Scotia, Canada. TECO has been supplying electricity to the Tampa Bay area since 1899 and currently serves almost 672,000 customers. The company's service area covers 2,000 square miles in West Central Florida, including most of Hillsborough County and parts of Polk, Pasco, and Pinellas counties.
TECO's parent company, Emera, is a utility holding company with a diverse portfolio of businesses in the energy sector. Through its subsidiaries, Emera provides electricity, natural gas, and other energy-related services to customers in Canada, the United States, and the Caribbean. Emera's subsidiaries include Tampa Electric, Peoples Gas Company, and TECO Services, among others.
TECO has made significant investments in renewable energy and has set a target of achieving net-zero carbon emissions by 2050. The company has invested in solar power, with its latest solar power generating facility employing 200,000 thin-film sun-tracking solar panels to produce 30% more energy than traditional fixed solar arrays. TECO has also partnered with the University of South Florida to develop innovative ideas and technologies to support its pursuit of a net-zero future.
TECO's team of over 2,500 employees plays a crucial role in delivering reliable and environmentally responsible power to its customers. The company's employees work across various departments, including operations, maintenance, engineering, customer service, and more. They ensure the smooth functioning of TECO's power generation, transmission, and distribution infrastructure, as well as providing support to customers and contributing to the company's commitment to sustainability and innovation.
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TECO is investing in renewable energy technologies
TECO Energy Inc., a subsidiary of Emera Incorporated, is an energy-related holding company based in Tampa, Florida. It has several subsidiaries, including Tampa Electric, which has been supplying electricity to the Tampa Bay Area since 1899.
TECO Energy has been investing in renewable energy technologies and initiatives to reduce carbon emissions and achieve a net-zero carbon emission future by 2050. This includes increasing the use of zero and low-carbon technologies, such as carbon capture, biofuels, hydrogen, wind turbines, and battery storage.
Tampa Electric is committed to investing in emerging technologies and improving existing power stations through modern technology. For instance, Big Bend's Unit 1 will be converted into a combined-cycle natural gas unit, improving fuel efficiency and lowering emissions and fuel costs for customers.
In 2022, Tampa Electric invested $5 million in the University of South Florida's College of Engineering's Clean Energy Research Center to accelerate its progress toward net-zero carbon emissions. This investment demonstrates TECO's commitment to supporting sustainable energy transitions and exploring new opportunities in the global market.
TECO's energy-efficient production line focuses on NEMA series industrial motors for the North American market, with plans to expand into Central and South America by accommodating IEC standard motor production. TECO also offers various vehicle power system solutions, including BEVs, SUVs, LCVs, and electric buses, helping industries reduce their carbon footprint and protect the environment.
Who Supplies Electricity to My Area: 30188?
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Frequently asked questions
The name of the electric company in Tampa is Tampa Electric, also known as TECO.
Tampa Electric has been supplying electricity to the Tampa Bay area since 1899.
Tampa Electric has between 667,000 and 730,000 customers, depending on the source.
The parent company of Tampa Electric is TECO Energy, which is a subsidiary of Emera Incorporated, a utility holding company based in Halifax, Nova Scotia, Canada.
