v3.25.2
Revenue (Tables)
6 Months Ended
Jun. 30, 2025
Revenue Recognition [Abstract]  
Summary of Disaggregates TEC Revenue by Major Source

The following disaggregates TEC’s revenue by major source:

 

(millions)

 

 

 

 

 

Three months ended June 30,

2025

 

 

2024

 

Electric revenue

 

 

 

 

 

Residential

$

462

 

 

$

385

 

Commercial

 

209

 

 

 

177

 

Industrial

 

49

 

 

 

42

 

Regulatory deferrals

 

6

 

 

 

(28

)

Unbilled revenue

 

26

 

 

 

24

 

Other (1)

 

87

 

 

 

72

 

Total revenue

$

839

 

 

$

672

 

 

 

 

 

 

 

Six months ended June 30,

2025

 

 

2024

 

Electric revenue

 

 

 

 

 

Residential

$

798

 

 

$

689

 

Commercial

 

381

 

 

 

332

 

Industrial

 

95

 

 

 

82

 

Regulatory deferrals

 

16

 

 

 

(50

)

Unbilled revenue

 

30

 

 

 

27

 

Other (1)

 

168

 

 

 

140

 

Total revenue

$

1,488

 

 

$

1,220

 

 

(1)
Other electric revenue includes sales to public authorities, off-system sales to other utilities and various other items.