The Florida Public Service Commission on Oct. 29 authorized Tampa Electric Company to recover costs for five solar projects totaling 260 megawatts under the second phase of the company’s solar plan. The projects raise the revenue requirement by $46 million resulting in a $2.46 increase in monthly residential bills, effective January 2019. The agency said that the increase will be partially offset by $17 million fuel savings from the projects, as well as federal tax cut savings. In June, the commission approved funding for 140-megawatts of solar generating capacity under the first phase of the 600-megawatt solar plan comprising four tranches. The company’s 2017 rate agreement froze base rates until Jan. 1, 2022, but allowed cost recovery for solar generation. Tampa Electric Company is a subsidiary of Emera Incorporated.