Duke Energy Florida approved to reduce customer electricity bills starting March 2026

Harry K. Sideris, President and Chief Executive Officer
Harry K. Sideris, President and Chief Executive Officer
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Duke Energy Florida has received approval from the Florida Public Service Commission to lower customer bills starting in March 2026. Residential customers using 1,000 kilowatt-hours of electricity can expect their monthly 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 customers will also see reductions in their bills beginning March 2026. The decreases will range from 9.6% to 15.8%, depending on several factors.

The main reason for this reduction is the removal of the storm cost recovery charge that was put in place following hurricanes Debby, Helene, and Milton. This charge will end at the close of February 2026.

However, before these reductions take effect, there will be a temporary increase in January and February 2026. During these months, typical residential customers using 1,000 kilowatt-hours will see an increase of $7.54 on their bills compared to December 2025. Commercial and industrial customers’ bills are expected to rise between 4.3% and 8.2% during this period.

Duke Energy Florida continues to offer support through flexible payment plans and assistance programs for those who need help managing energy costs or usage. More information is available at duke-energy.com/HereToHelp and duke-energy.com/SeasonalSavings.

Duke Energy Florida supplies electricity across a service area covering approximately 13,000 square miles in Florida and serves around two million customers with an energy capacity of about 12,300 megawatts.

Its parent company Duke Energy (NYSE: DUK), based in Charlotte, North Carolina, provides electric services to over eight million customers across six states and owns nearly 54,800 megawatts of energy capacity nationwide. The company is focused on upgrading its electric grid infrastructure and expanding cleaner generation options such as natural gas, nuclear power, renewables, and energy storage.



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