Tampa Electric CEO Defends Company Costs and Investments in Opinion Column
Tampa Electric CEO Archie Collins addressed recent criticisms regarding the company's costs and decisions in a column published by the Tampa Bay Times. Collins emphasized that residential rates have decreased and are below the national average, highlighted investments in grid…
Tampa St. Petersburg, FL, August 20, 2026 —
Tampa Electric CEO Archie Collins has responded to recent criticisms concerning the utility’s operational costs and strategic decisions in an opinion piece published by the Tampa Bay Times. In his statement, Collins sought to provide clarity on the company’s financial practices and investments.
Collins asserted that residential electricity rates have seen a decrease and are currently positioned below the national average. He highlighted the company’s investments aimed at enhancing the reliability of the power grid. These efforts, according to Collins, are crucial for maintaining consistent service.
The CEO also detailed the company’s initiatives focused on cost management and providing assistance to customers. Particular attention was given to measures designed to support customers during periods of high energy demand, such as the summer months.
Furthermore, Collins defended Tampa Electric’s approach to its energy portfolio, which includes a mix of energy sources such as solar and natural gas. He explained that this balanced approach is integral to the company’s operational strategy. The opinion piece also addressed storm recovery charges, clarifying that these are temporary and implemented to cover costs associated with significant weather events.
Story summarized from the original created by By Archie Collins, Tampa Electric on www.tampabay.com, see more information here.
