Trending...
- Crunchbase Ranks Phinge Founder & CEO Robert DeMaio #1 Globally. Meet him in Las Vegas-Week of CES to Learn About Netverse, Patented App-less Platform
- VSee Health (N A S D A Q: VSEE) Secures $6.0M At-Market Investment, Accelerates Expansion as Revenues Surge
- LaTerra and Respark Under Contract with AIMCO to Acquire a $455M, 7-Property Chicago Multifamily Portfolio
~ In a recent decision, the Florida Public Service Commission has approved Duke Energy Florida's request to lower rates and decrease customer bills in January 2025. This annual adjustment is for the cost of fuel used to generate electricity at the company's power plants, as well as other clause adjustments.
According to the commission's approval, typical residential customers using 1,000 kilowatt-hours (kWh) will see a decrease of $9.77 on their January 2025 bill compared to December 2024. Commercial and industrial customers will also see a decrease in their bills ranging from 5.1% to 11.1%, although the exact impact will vary depending on several factors.
Melissa Seixas, Duke Energy Florida state president, expressed gratitude for the opportunity to offer customers this much-needed break after recent hurricanes devastated many homes, businesses, and communities. She also emphasized that while the company is still assessing the cost of its response to these storms, they remain committed to prioritizing affordability for their customers while working towards developing a smarter and stronger electric grid.
More on ncarol.com
The approved rates also include costs for fuel, capacity, energy conservation, and environmental compliance clauses. This decision allows Duke Energy Florida to continue making improvements to its electric grid consistent with its storm protection plan in order to enhance security, reliability, and resiliency beyond 2025.
However, it should be noted that the company anticipates filing for storm cost recovery for hurricanes Debby, Helene, and Milton in December 2024. This could potentially impact rates as early as March 2025.
Duke Energy Florida also offers financial assistance programs such as flexible billing options and the Share the Light Fund for customers in need. Customers can learn more about these programs by contacting the Customer Care phone number listed on their bills or by visiting duke-energy.com/HereToHelp.
Duke Energy Florida is a subsidiary of Duke Energy and supplies electricity to 2 million residential, commercial, and industrial customers across a 13,000-square-mile service area in Florida. Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.
More on ncarol.com
As part of its commitment to a clean energy transition, Duke Energy is working towards net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation technologies such as expanded energy storage, renewables, natural gas, and nuclear.
For more information about Duke Energy and its initiatives, visit duke-energy.com or the Duke Energy News Center. Customers can also follow Duke Energy on X, LinkedIn, Instagram and Facebook for updates and visit illumination for stories about the people and innovations powering their energy transition.
Media contact: Ana Gibbs
24-Hour: 800.559.3853
According to the commission's approval, typical residential customers using 1,000 kilowatt-hours (kWh) will see a decrease of $9.77 on their January 2025 bill compared to December 2024. Commercial and industrial customers will also see a decrease in their bills ranging from 5.1% to 11.1%, although the exact impact will vary depending on several factors.
Melissa Seixas, Duke Energy Florida state president, expressed gratitude for the opportunity to offer customers this much-needed break after recent hurricanes devastated many homes, businesses, and communities. She also emphasized that while the company is still assessing the cost of its response to these storms, they remain committed to prioritizing affordability for their customers while working towards developing a smarter and stronger electric grid.
More on ncarol.com
- Fayetteville Concrete Contractors Serves Cumberland County with Concrete Solutions
- Women's Everyday Safety Is Changing - The Blue Luna Shows How
- Microgaming Unveils Red Papaya: A New Studio Delivering Cutting-Edge, Feature-Rich Slots
- 5-Star Duncan Injury Group Expands Personal Injury Representation to Arizona
- NC State and Railinc Partner to Advance Freight Efficiency through Modal Rebalancing Study
The approved rates also include costs for fuel, capacity, energy conservation, and environmental compliance clauses. This decision allows Duke Energy Florida to continue making improvements to its electric grid consistent with its storm protection plan in order to enhance security, reliability, and resiliency beyond 2025.
However, it should be noted that the company anticipates filing for storm cost recovery for hurricanes Debby, Helene, and Milton in December 2024. This could potentially impact rates as early as March 2025.
Duke Energy Florida also offers financial assistance programs such as flexible billing options and the Share the Light Fund for customers in need. Customers can learn more about these programs by contacting the Customer Care phone number listed on their bills or by visiting duke-energy.com/HereToHelp.
Duke Energy Florida is a subsidiary of Duke Energy and supplies electricity to 2 million residential, commercial, and industrial customers across a 13,000-square-mile service area in Florida. Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.
More on ncarol.com
- The End of "Influencer" Gambling: Bonusetu Analyzes Finland's Strict New Casino Marketing Laws
- AI-Driven Cybersecurity Leader Gains Industry Recognition, Secures $6M Institutional Investment, Builds Momentum Toward $16M Annual Run-Rate Revenue
- TRIO Heating, Air & Plumbing Now Ranks #1 in San Jose
- Milwaukee Job Corps Center Hosts Alumni Day, Calls Alumni to Action on Open Enrollment Campaign
- Golden Paper Identifies Global Growth in Packaging Papers and Upgrades Its High-End Production Capacity
As part of its commitment to a clean energy transition, Duke Energy is working towards net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation technologies such as expanded energy storage, renewables, natural gas, and nuclear.
For more information about Duke Energy and its initiatives, visit duke-energy.com or the Duke Energy News Center. Customers can also follow Duke Energy on X, LinkedIn, Instagram and Facebook for updates and visit illumination for stories about the people and innovations powering their energy transition.
Media contact: Ana Gibbs
24-Hour: 800.559.3853
Filed Under: Business
0 Comments
Latest on ncarol.com
- Artificial Intelligence Leader Releases Children's Book on Veterans Day
- Felicia Allen Hits #1 Posthumously with "Christmas Means Worship"
- CCHR Documentary Probes Growing Evidence Linking Psychiatric Drugs to Violence
- Tokenized Real-World Assets: Iguabit Brings Institutional Investment Opportunities to Brazil
- MEX Finance meluncurkan platform keuangan berbasis riset yang berfokus pada data, logika, dan efisiensi pengambilan keputusan investasi
- From MelaMed Wellness to Calmly Rooted: A New Chapter in Functional Wellness
- New Angles US Group Founder Alexander Harrington Receives Top U.S. Corporate Training Honor and Leads Asia-Pacific Engagements in Taiwan
- UK Financial Ltd Board of Directors Establishes Official News Distribution Framework and Issues Governance Decision on Official Telegram Channels
- UK Financial Ltd Sets Official 30-Day Conversion Deadline for Three Exchange Listed Tokens Ahead of Regulated Upgrade
- New Jersey Therapy and Life Coaching Unveils Original Dan Fenelon Mural in Voorhees New Jersey Therapy Office
- Kentucky Judges Ignore Evidence, Prolong Father's Ordeal in Baseless Case
- Contracting Resources Group Receives 2025 HIRE Vets Platinum Medallion Award from the U.S. Department of Labor
- Peter J. D'Arruda Founder of Capital Financial Joins Tom Hegna on the Podcast "Financial Freedom with Tom Hegna"
- Crunchbase Ranks Phinge Founder & CEO Robert DeMaio #1 Globally. Meet him in Las Vegas-Week of CES to Learn About Netverse, Patented App-less Platform
- Run the Diamond Releases New Winter Workout Album for Baseball and Softball Athletes
- IODefi Introduces New Web3 Infrastructure Framework as XRP Ledger Development Gains Global Attention
- Terizza Forms Strategic Collaboration with UC San Diego to Pioneer Next-Generation Distributed AI Infrastructure
- EnergyStrat Launches Global LNG Risk Outlook 2025–2030
- LTL Claims Ratio Index – Update 3Q25
- Strong Revenue Gains, Accelerating Growth, Strategic Hospital Expansion & Uplisting Advancements: Cardiff Lexington Corporation (Stock Symbol: CDIX)