Duke Energy Florida announced that its targeted infrastructure investments in 2025 will result in more than $1 billion in savings for customers. The company said these projects are aimed at improving energy reliability, expanding capacity, and reducing customer rates.
By March 2026, the average residential customer is expected to see a decrease of about $44 per month, or 22%, on their electricity bill for every 1,000 kilowatt-hours used compared to January.
The company’s initiatives include adding new solar sites in Hernando, Sumter, and Madison counties. These sites have been completed and are projected to save customers approximately $750 million by displacing fuel costs. Duke Energy Florida plans to complete eight additional solar sites by the end of 2027.
Upgrades to several existing power plants have also been finished. According to the company, these enhancements provide the output equivalent to a new plant without constructing one. Fuel savings from these upgrades are expected to total over $350 million overall and reduce monthly bills by $10 for customers.
At the DeBary solar site, Duke Energy Florida tested what it says is the first system in the United States capable of producing, storing, and using entirely green hydrogen. This development is intended to diversify power generation options and support carbon-free energy goals.
To improve resilience against storms, crews replaced more than 2,000 utility poles with stronger materials and expanded self-healing technology across the grid. The company reports that this technology prevented over 215,000 hours of outages during 2025.
Melissa Seixas, president of Duke Energy Florida, stated: “Duke Energy Florida is investing wisely, modernizing responsibly and doing all we can to keep costs as low as possible. Every investment we made in 2025 shared a common purpose to deliver reliable energy while keeping rates low for the customers and communities we serve. As we head into 2026, our priorities remain the same. We’ll continue projects and improvements that will lower bills and boost reliability.”
Duke Energy Florida serves two million customers across a service area covering 13,000 square miles in Florida with an energy capacity of 12,300 megawatts. Its parent company Duke Energy operates electric utilities serving about 8.6 million customers across six states and owns a total of 55,100 megawatts of energy capacity.
More information about Duke Energy’s activities can be found at the Duke Energy News Center.
