July 21, 2016

Grow your business in Florida

grow your business

grow your business


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Competitive pricing – maintaining affordable energy prices

At Tampa Electric, the most important way we encourage new development, business growth and a thriving community is by maintaining affordable energy prices.

Constructive rate programs

We offer rate structures to encourage businesses to expand or relocate to our territories. Tampa Electric now offers two unique programs for economic development projects. One is a definitive tariff program and the other is a flexible negotiated rate.

Economic Development Rider (EDR): For growing companies creating new jobs and increasing electric demand, our economic development rider is designed to help attract new investment to the Sunshine State and to create more jobs for Floridians. EDR is available to new or expanding businesses that add a minimum of 350 kilowatts demand of new electric load and create at least 25 new jobs. The EDR is for firm power only; load management or interruptible rates are not eligible.

Commercial Industrial Service Rider (CISR): The company designed this rate to attract new, large power users to the state as part of a competitive location project. In order to negotiate a rate, potential or existing businesses must:


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Keeping your energy costs low – Our commitment to keep your business competitive continues once you become a customer. Tampa Electric assigns dedicated account managers to its larger customers to provide the following services:

  • A single point of contact at Tampa Electric for all operational issues
  • Project management for all new construction and expansion projects
  • Technical expertise on all service reliability or power quality issues
  • Assistance with billing, rate analysis or new account issues
  • Information on cost savings opportunities, including energy rebates
  • Energy Audits rate counseling to ensure customers receive the lowest possible rate

Get plugged in with Tampa Electric!

Tampa Electric plays an energetic role in site selection. Businesses planning to open a new facility or expand an existing facility need reliable power at a reasonable price. We provide guidance and assistance to companies looking to relocate to our areas.


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We bring extensive knowledge to the process and help streamline your search. As a company starts narrowing its focus to specific sites, we can screen those locations to determine which ones offer adequate power today, and which are viable candidates for adding extra service capacity in the future.

We help:

  • Research labor and tax rates, impact fees, site suitability and quality of life information
  • Evaluate sites and facilities for location of electrical service and equipment
  • Access information and referrals on local and state economic incentives and tax credit information
  • Coordinate governmental development issues
  • Facilitate contact with other economic and community development agencies and local chambers of commerce throughout our service areas


With a business-friendly tax climate, no personal income tax, world-class transportation infrastructure, access to global markets, a top-rated workforce, and a vacation-style quality of life, it is easy to see why Florida consistently ranks as a top business location. Visit our partner, Enterprise Florida for everything you need to know about doing business in Florida.

Florida’s industries

grow your business

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Florida’s business-friendly policies, competitive costs, talent pool, infrastructure, global market, and large market have created a robust economy that includes many established industries:

  • Aviation and Aerospace
  • Life Sciences
  • Manufacturing
  • Defense and Homeland Security
  • Information Technology
  • Financial and Professional Services
  • Logistics and Distribution
  • Cleantech

Florida’s High Tech Corridor

A region bounded by Florida’s three top research universities and centered on Interstate-4, Florida’s High Tech Corridor nurtures and supports innovation clusters. This region encompasses all of Tampa Electric’s service territory and much of Peoples Gas’ areas making our companies uniquely positioned to support your high tech business. The ten sectors targeted for growth within Florida’s High Tech Corridor are:

  • Agritechnology
  • Aviation and Aerospace
  • Digital Media/Interactive Entertainment
  • Financial Services
  • Information Technology
  • Life Sciences/Medical Technologies
  • Microelectronics/Nanotechnology
  • Modeling, Simulation and Training

Tampa Electric and Peoples Gas have established close relationships with the major economic development corporations within Florida’s High Tech Corridor and the companies support the region’s growth. Contact TECO Energy for more information or visit the following Economic Development Corporation (EDC) websites: