Business
Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026
Duke Energy Florida will implement its third rate reduction of 2026 from June through September, lowering residential customer bills by approximately $50, or 25%, for every 1,000 kilowatt-hours (kWh) of energy used when compared to January.
About this update from Duke Energy Corporation (holding Company)
[{"type":"text","content":"ST. PETERSBURG, Fla., May 29, 2026 /PRNewswire/ -- Duke Energy Florida will implement its third rate reduction of 2026 from June through September, lowering residential customer bills by approximately $50, or 25%, for every 1,000 kilowatt-hours (kWh) of energy used when compared to January.","length":291,"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/1.2/9ygjYA8F81GhZ4AnTAZ7Pw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNg--/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b","width":400,"height":128},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/dzHvzxUI7huWZjQiEHeiRw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTIwNQ--/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":"The breakdown:","length":14,"tagName":"p"},{"type":"text","content":"Below is an outline of how these rate reductions have and will continue to appear on the bills of Duke Energy Florida's typical residential customers using 1,000 kWh per month:","length":180,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"February 2026: An approximately $33 decrease from the early removal of the storm cost recovery charge associated with the company's response to hurricanes Debby, Helene and Milton","length":183,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":183,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"March 2026: An approximately $11 decrease instituted by the company every March through November to help customers save money during times when energy use is typically higher","length":174,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":174,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"June 2026: An approximately $6 decrease reflecting the difference between the storm cost recovery amount collected and the actual amount i...