State of Florida		Public Service Commission Capital Circle Office Center ● 2540 Shumard Oak Boulevard Tallahassee, Florida 32399-0850 -M-E-M-O-R-A-N-D-U-M-
DATE:	August 22, 2025
TO:	Office of Commission Clerk (Teitzman)
FROM:	Division of Accounting and Finance (Mason, Vogel) Office of the General Counsel (M. Thompson, Sandy)
RE:	Docket No. 20230019-EI – Petition for recovery of costs associated with named tropical systems during the 2018-2022 hurricane seasons and replenishment of storm reserve, by Tampa Electric Company.
AGENDA:	09/04/25 – Regular Agenda – Proposed Agency Action - Interested Persons May Participate
COMMISSIONERS ASSIGNED:			All Commissioners
PREHEARING OFFICER:			Graham
CRITICAL DATES:			None
SPECIAL INSTRUCTIONS:			None

Case Background

On January 23, 2023, pursuant to Rules 28-106.201 and 25-6.0143, Florida Administrative Code (F.A.C.), Tampa Electric Company (TECO or Utility) filed its Petition for Recovery of Costs Associated with Named Tropical Systems during the 2018-2022 Hurricane Seasons and Replenishment of Storm Reserve with actual incremental storm costs for the 2018 through 2021 storm seasons and estimated incremental storm costs for the 2022 storm season. The Commission approved TECO’s interim storm restoration charge on March 27, 2023, subject to final true up.

On August 16, 2023, TECO filed a Supplemental Petition to update the total storm restoration costs to include updated accrued costs and to propose a modified recovery period. On September 29, 2023, TECO filed an updated petition for recovery of costs associated with the named tropical storms, updating the estimated costs for the 2022 storms to actual costs, providing the required documentation of actual recoverable storm costs, and to propose a final true-up mechanism for the Interim Storm Restoration Charge.

On June 13, 2024, the Commission approved TECO’s petition for recovery of costs associated with the named tropical systems, and left the docket open to allow TECO to file supplemental testimony addressing its final recoverable storm costs. On March 19, 2025, TECO witness Richard J. Latta filed direct supplemental testimony detailing the total storm charges collected during the recovery period, as well as the true-up process.

This recommendation addresses the final amount of total storm charges collected by TECO, and the appropriate disposition of any over- or under-recovery. The Commission has jurisdiction over this matter pursuant to Sections 366.04, 366.05, 366.06, and 366.076, Florida Statutes (F.S.).

Discussion of Issues

Issue 1:

 What is the total amount TECO recovered through the storm restoration surcharge during the March 2023 to December 2024 period?

Recommendation: 

 The total amount TECO recovered through the storm restoration surcharge during the March 2023 to December 2024 period was $135,978,101.74. (Mason)

Staff Analysis: 

TECO witness Latta testified to the storm restoration surcharge recovery amount of $135,978,101.74, in his March 19, 2025 supplemental direct testimony. This amount is supported in his sponsored Exhibit No. RJL-2.

Based on the filing, staff agrees that the total amount TECO recovered through the storm restoration surcharge during the March 2023 to December 2024 period was $135,978,101.74.

Issue 2:

 Did TECO over- or under-recover when collecting its storm restoration surcharge, and if so, by how much and what is the appropriate disposition of the over- or under-recovery?

Recommendation: 

 TECO over-recovered its storm restoration surcharge by $1,145,253.91. (Mason)

Staff Analysis: 

 Witness Latta stated in his testimony that the actual amount recovered by TECO through the storm restoration surcharge was $135,978,101.74. In Order No. PSC-2024-0190-FOF-EI, the Commission approved a final storm restoration amount of $134,832,847.83. This resulted in an over-recovery of $1,145,253.91.

Pursuant to Order No. PSC-2024-0190-FOF-EI, any over-recovery will be refunded through a clause billed on an energy basis, such as the fuel clause or the environmental clause. Witness Latta proposed to refund the storm restoration surcharge over-recovery amount to customers through the Environmental Cost Recovery Clause.

Consistent with Order No. PSC-2024-0190-FOF-EI, staff recommends the storm restoration surcharge over-recovery amount of $1,145,253.91 be refunded back to customers through the Environmental Cost Recovery Clause.

Issue 3:

 Should this docket be closed?

Recommendation: 

 Yes. If no protest is filed by a person whose substantial interests are affected within 21 days of the issuance of the Order, this docket should be closed upon the issuance of a Consummating Order. (Thompson)

Staff Analysis: 

If no protest is filed by a person whose substantial interests are affected within 21 days of the issuance of the Order, this docket should be closed upon the issuance of a Consummating Order.