Trending...
- $620 Million in Recent Government Contract Awards with More Than $1.2 Billion in Annualized Revenue: Circle8 Group (N A S D A Q: CIRC)
- UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement
- $40 Billion Global Market Value by 2030 Projected in Unmanned Aerial Vehicle or Other Drone Technology Sector, Growing at 9.2% Compound Annual Growth
~ 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
- New Research Identifies "The Great Junk Transfer": 49% of Americans Would Rather Inherit Nothing Than Sort Through a Relative's Belongings
- Minus K Technology launches it Educational Giveaway for Universities and Colleges in the USA
- JustCalculators.app Launches Modern, Calculation Platform with Instant Embed Capabilities
- UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement
- Anamorphic 3D Only Works on Fixed Screens. Loud! OOH Put It on a Moving Ad Van for Flood Re
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
- From DJ Booths to Disney: Orlando Author Ryan Tiffin Launches "Chasing Magic"
- FDA Food Recall Notices After Outbreak Linked to 98 Hospitalizations: Practical Tips for Safer Grocery Shopping
- The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market
- Ten-Time Combat-Deployed U.S. Army Major Imprisoned For Telling The Truth In North Carolina Court Rm
- ImagineX Acquires Payteros to Strengthen Digital Transformation Capabilities
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
- 'Reflections: Enlightening Insights Into the Divine Mystery' — The Latest Book by Philosopher Steven Colborne
- Scott G. Hoy of Hoy Law Earns 11th Consecutive Super Lawyers Selection
- L2 Aviation Selected for U.S. Air Force KC-46 CASPER Multiple Award Contract
- Leeds Billboard Campaign Drives 188% Traffic Uplift as AI Enquiries Rise 266% for Loud! OOH
- Sister Files Lawsuit Against Georgia Funeral Home for Alleged Mishandling of Brother's Remains
- KeysCaribbean Resorts Offer Savings On Summer Vacations Now Through Aug. 31
- Crossroads4Hope Announces The Lipschutz Women's Fund
- Handmade Coverlet Returns Home to Piedmont Crossing
- AI, Drones, Defense & Explosive Growth: Why ZenaTech Is Emerging as One of the Most Compelling Technology Growth Stories (N A S D A Q: ZENA)
- 91 Per Cent of Enterprises Will Increase AI Spending. Most Can't See the Cost — or the Risk!
- VINCE Lifestyle Magazine Announces Virtual "Health, Wealth & Wellness Summit"
- New ProEssentials v11: Native WinUI Charting Library, 100M Points in 15ms, Following Microsoft's Vision for True Native Swap-Chain Rendering
- Salestrics Releases Version 2.0 to Unify CRM, Business Email, and Operations on a Single Customer Graph
- Inlow Upholstery Offers Custom Boat Seat Reupholstery for Western North Carolina Lake Communities
- Aderra Opens in Magnolia, Texas, Offering a New Model for 62+ Homeownership
- What's New in Hokkaido, Autumn 2026
- Charlotte Investors Name Priority Property Group Among the City's Best Property Management Companies
- Gospel Artist and Media Executive Trevone Perry Heads to the 41st Stellar Gospel Music Awards
- KOLBUS America Welcomes New Sales Manager, Reid Crawley
- CRG Awarded NASA SEWP VI Contracts in Categories B and C