Duke Energy Florida customers will see a reduction in their electricity bills starting in March 2026, following approval from the Florida Public Service Commission. Residential customers using 1,000 kilowatt-hours of electricity each month can expect their bills to decrease by about $44 compared to February 2026.
Melissa Seixas, Duke Energy Florida state president, stated: “Having operated in Florida for more than 125 years, we’re deeply embedded in the communities we serve, and we understand the challenges our customers – often our neighbors – face in order to provide for themselves and their families. We hope this bill reduction helps ease their financial burden, while we continue providing the reliable power they depend on every day.”
Commercial and industrial users will also benefit from lower rates beginning in March 2026. The decreases for these customers will range from 9.6% to 15.8%, though the exact amount will vary depending on usage and other factors.
The primary reason for this reduction is the end of the storm cost recovery charge that was used to cover expenses related to hurricanes Debby, Helene, and Milton. This charge will be removed at the end of February 2026.
Before these reductions take effect, there will be a temporary increase in bills during January and February 2026. During those two months, residential customers using 1,000 kilowatt-hours will pay an additional $7.54 per month compared to December 2025. Commercial and industrial customers’ bills are expected to rise between 4.3% and 8.2% over the same period.
Duke Energy Florida says it continues to support its customers with flexible payment options and energy management tools as well as assistance programs. More information is available at duke-energy.com/HereToHelp and duke-energy.com/SeasonalSavings.
Duke Energy Florida serves approximately two million residential, commercial, and industrial customers across a service area of roughly 13,000 square miles in Florida with an energy capacity of about 12,300 megawatts.
Its parent company Duke Energy (NYSE: DUK), based in Charlotte, North Carolina, is one of America’s largest energy holding companies serving millions of electric and natural gas utility customers across several states including North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Duke Energy is investing heavily in grid upgrades and cleaner energy sources such as natural gas plants as well as renewables like solar power.
More details about Duke Energy can be found at duke-energy.com or through its social media channels including X (formerly Twitter), LinkedIn, Instagram and Facebook.
For further inquiries contact Aly Raschid at Duke Energy’s media line: 800-559-3853.
