Business
Duke Energy Florida announces storm cost recovery charge will be removed from customers' bills a month early
Today, Duke Energy Florida announced that the storm cost recovery charge – the result of costs associated with the company's approximately $1.1 billion response to hurricanes Debby, Helene and Milton – will be removed from customers' bills a month earlier than originally scheduled.
About this update from Duke Energy Corporation (holding Company)
[{"type":"list","items":[{"val":[{"type":"text","content":"Residential customers can expect an approximately $33 reduction on their monthly bills beginning in February ","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"In March, residential customers will experience another approximately $11 decrease – meaning their bills will be $44 lower when compared to January ","length":148,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":256,"olType":false},{"type":"text","content":"ST. PETERSBURG, Fla., Jan. 14, 2026 /PRNewswire/ -- Today, Duke Energy Florida announced that the storm cost recovery charge – the result of costs associated with the company's approximately $1.1 billion response to hurricanes Debby, Helene and Milton – will be removed from customers' bills a month earlier than originally scheduled.","length":347,"tagName":"p"},{"type":"image","alt":"Duke Energy logo (PRNewsfoto/Duke Energy)","displaySize":"","headline":null,"caption":"Duke Energy logo (PRNewsfoto/Duke Energy)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AZkz2p7IVk.0RFE.fpGQ7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b","width":400,"height":128}},"href":"https://mma.prnewswire.com/media/660545/Duke_Energy_New_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"What this means","length":15,"tagName":"p"},{"type":"text","content":"Because the full amount for all three storms was recovered ahead of schedule, beginning in February (instead of March):","length":119,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Residential customers can expect an approximately $33 reduction on their monthly bills, when compared to January, for every 1,000 kilowatt-hours (kWh) of electricity they use.","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Commercial and industrial customers' monthly bills will be lowered between 9.6% and 15.8%, also when compared to January, though the specific impact will vary depending on several factors.","length":192,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":367,"olType":false},{"type":"text",...