Trending...
- T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
- $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
- SRK Collective Media Group Launches with a Modern Approach to Media, Authority Building, and Cultural Visibility
~ 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
- AI Predicts the Most Likely 2026 FIFA World Cup Winner
- The AI Production Shift: Why Game Development Is Entering Its Most Accelerated Phase
- World-First AI Humanoid Robot Debuts on Cherie Barber's Ground-breaking Australian Reno Show
- New Survey Reveals America's Most Feared Bridges for Cyclists — Golden Gate Tops the List
- Raymond Lavine, Extended Care Benefits Advisor and Author, to Appear on National Television Series Moving America Forward
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
- NaturismRE Launches Structured Nudism & Naturism Encyclopedia, Aiming to Reframe Public Understanding
- AI Is Closing the Gap Between Offshore Virtual Assistants and Onshore Staff
- CCHR Highlights Concerns Over Coercive and Failed $140 Billion Mental Health Practices at Psychiatric Convention
- Avery Headley Leads Major Stabilization and Modernization Initiative Across Bronx Affordable Housing Portfolio
- America's Boating Channel® Releases New Video Explaining Give-Way and Stand-On Vessel Navigation Rules
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
0 Comments
Latest on ncarol.com
- $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
- iatroX surpasses 500,000 clinical queries and expands specialist exam coverage
- Inside-Out Hollywood: The Relentless Rise of Joseph Nybyk (AKA Joseph Neibich)
- Husband-and-Wife Photography Team Brings Personal Approach to Families Across the Triangle
- SRK Collective Media Group Launches with a Modern Approach to Media, Authority Building, and Cultural Visibility
- MSBG Corporation Acquires GridWatch US Telemetry Automation System
- TAYP Expands Athlete Exposure Platform Beyond Georgia With New Push Into Virginia and the 757
- KT Medical Staffing Expands Concierge Nursing and Private Duty Nursing Services in Orange County
- The Millennium Alliance Achieves Great Place To Work® Certification™ Amid Continued Growth
- The Millennium Alliance Appoints Former Adweek Executive Eric Hayden Shakun as Chief Financial Officer to Accelerate Next Phase of Growth
- T. Jones Group Named Finalist Across Multiple Categories at the 2026 Georgie Awards
- Rock & Roll Fan Granted Dream Experience Thanks to Donors and Grant A Dream™ Program
- The Simplest Small Business You're Probably Not Thinking About
- San Francisco Writer Wins Webby Award, Internet's Highest Honor, for Website Based on her Novel
- EDC Weekend Comedy Special Featuring Don Barnhart & Friends — Use Promo Code FRIEND for 50% Off
- N Y S E: OTH Off The Hook YS Is Building a Vertically Integrated Marine Empire — And Investors Are Starting to Notice
- Concierge Title Agency Merges with Independence Title, Inc. to Deliver an Expanded Concierge Closing Experience Across South Florida
- Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
- $4.8M in Contracted AI Revenue with Projections of $30M Over 6-12 Months for Diversified AI Software and Platform-Based Services Provider XMax Inc