Trending...
- Cruxy shortlisted for two Private Equity Wire® US Awards 2026: Advisory Firm of the Year (Overall) & Value Creation Consulting Firm of the Year
- Heritage at Manalapan Welcomes New Sales Team as Luxury Single-Family Home Community Continues to Grow
- Parents No Longer Have to Wait 3 Weeks for a Sleep Consultant: Nora Talks Tonight, Stays for 5 Days, Costs $89
~ 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
- Kerri Lawless Introduces New Home-Selling Option for Local Homeowners
- As Boone Takes Art to the Streets, KayeDinero Asks What Makes Creativity Human
- FDA-Cleared Zeta TMS Robotic System Moves Toward Deployment as FDA, DARPA and Commercial Catalysts Converge: NRx Pharmaceuticals (N A S D A Q: NRXP)
- Baird Medical Turns Global Expansion Into Tangible Growth: N A S D A Q: BDMD Posts 25% Revenue Surge as U.S. and International Markets Accelerate
- Black Mountain Meets "Human Error": KayeDinero on What Technology Can't Reproduce
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 Brevard Heads Into Mountain Song Weekend, KayeDinero Brings a Different Kind of WNC Sound
- Why Did KayeDinero Put Haywood Road Into a Song?
- Shelter Structures America makes European debut at TEMPOR EXPO 2026 in Fulda, Germany
- TekTone innovation meets patient care
- HydroExcavation.com Relaunches With Exclusive Local Service Areas and Dedicated Hydrovac Manufacturer Directory
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
- Qscription Technologies and NEOPATHOLOGY CORP. Sign MOU to Bring FDA-Cleared Lung Imaging AI into U.S. Clinical Practice
- Asheville Artist KayeDinero Asks What Happens When Technology Gets Too Human on "Human Error"
- Heritage at Manalapan Welcomes New Sales Team as Luxury Single-Family Home Community Continues to Grow
- Mandeville Pests May Pose Serious Health Risks for Your Family
- TOLI North America's Floorleum Plain AdVantage Transforms Flooring Into a Wayfinding Tool
- Share your workplace safety solutions at 2027 Applied Ergonomics Conference
- Parents No Longer Have to Wait 3 Weeks for a Sleep Consultant: Nora Talks Tonight, Stays for 5 Days, Costs $89
- May The Worst Team Win! Loserball Kicks Off Another NFL Season of Hilarious Mayhem
- Black Women Living With, and Impacted by, HIV Express Gratitude, Grief, Joy, and Resilience
- MainConcept Easy Video API Extends Full Transcoding to Arm and NETINT VPUs
- From Detroit Streets to Blue Ridge Mountains: KayeDinero Finds a New Sound in Western North Carolina
- Why Did KayeDinero Name a Song After Hendersonville?
- Cruxy shortlisted for two Private Equity Wire® US Awards 2026: Advisory Firm of the Year (Overall) & Value Creation Consulting Firm of the Year
- Did Asheville's BoomTown Weekend Inspire KayeDinero's Next Move?
- From City Girl to Mountain Life: KayeDinero Releases "City Girl Saved" From Asheville
- Lake Norman Philharmonic - Free Community Concert
- Amaris Mint® Confirms UK Availability of Swedish-Made BioBoost Daily Nutrition Range
- Sea Tales Strengthens U.S. Leadership Team as Retail Expansion Accelerates
- Patented Foodservice Products Company with Strong Gross Margins and Substantial Two-Year Revenue Growth Hits Market for $1.6 Million
- Robert DeMaio, Phinge CEO to Speak at 30th IIPLA 2026 on Securing IP, User Data & Digital Sovereignty via Verified App-less Tech. Attend the Live Q&A!