APA/Deamer - Memo dated 5/14/26 to CLK/Teitzman, with attached audit report for TECO; any response by utility should be sent to CLK. (Audit Control No. 2026-012-1-6)

AI Summary

The Florida Public Service Commission completed a routine audit of Tampa Electric Company's Capacity Cost Recovery Clause for the 12-month period ending December 31, 2025. The audit examined whether the company properly reconciled revenues, applied approved cost recovery factors, verified transmission revenue credits, documented purchased power contracts, excluded unauthorized security costs, and correctly calculated true-up provisions and interest amounts. The audit found no exceptions or violations in any area tested...