TAMPA, Fla. — Tampa residents will soon notice a decrease in their bills from Tampa Electric (TECO).

For the second time this year, TECO will be reducing their rates, the company announced Tuesday.

The move will save customers nearly a total of $175 for the rest of the year, officials said.

“Tampa Electric is pleased to be in a position to reduce electricity bills again this year,” said TECO President and Chief Executive Officer Archie Collins in a statement. “We are happy to provide customers with some welcome relief as the summer’s heat begins.”

In January, officials with the company said they reduced residential bills by nearly $18 because of a decline in fuel prices and other factors. On Tuesday, the Public Service Commission unanimously approved a further reduction based on continued low natural gas prices.

Beginning in June, residential customers who use 1,000 kilowatt-hours of electricity a month will see a reduction to $136.44 a month, from the $143.48 they pay today, officials said.