Archie Collins is the CEO of Tampa Electric.
Ted Walker is a key leader in Guidehouse’s strategy, policy, and regulations team. He is a strategic advisor to energy companies, focused on growth opportunities and the changing role of the utility in the evolving energy ecosystem.
TECO Energy is the parent company of Tampa Electric, which has been serving customers in Florida since 1899, and in 2016 was acquired by Emera, a Nova Scotia, Canada-based energy company. Reliability is a big deal at the utility, which geographically is prone to hurricanes and storms.
That is why Tampa Electric is investing some one hundred fifty million dollars each year in a ten-year Storm Protection Plan. It is investing in new technology, power line undergrounding, and better vegetation management, to name a few of its infrastructure upgrades.
There is so much going on at Tampa Electric, that Public Utilities Fortnightly's Steve Mitnick and Guidehouse's Ted Walker caught up with its busy leader, CEO Archie Collins, to discuss the future of this long-standing utility. Listen in as Collins looks ahead to 2024.
PUF's Steve Mitnick: What were the most important accomplishments in 2023 at Tampa Electric to leverage going into the new year?
Archie Collins: There were many successes that we can point to in 2023, and I'll provide an overview of a few of those. But I would also say that 2023 was a year where things felt just a little bit harder given the fact that utilities are capital-intensive and interest-rate sensitive.