Duke Energy Florida has announced that residential customers using 1,000 kilowatt-hours (kWh) of electricity will see their bills decrease by about $44 starting in March 2026. The company stated this reduction follows its annual rate adjustment and is largely due to the removal of the storm cost recovery charge associated with responses to hurricanes Debby, Helene, and Milton.
“Duke Energy Florida entiende que nuestros clientes se enfrentan a dificultades econĂłmicas, lo que a menudo les obliga a tomar decisiones difĂciles sobre quĂ© facturas pueden permitirse pagar”, afirmĂł Melissa Seixas, presidenta de Duke Energy en el estado de Florida. “Por eso, mantener los costos bajos sigue siendo una prioridad para nosotros, y seguiremos poniĂ©ndolos en contacto con programas de asistencia y herramientas que les ayuden a ahorrar.”
The adjustment includes annual costs for fuel, capacity, energy conservation programs, storm protection plans, and environmental compliance. According to Duke Energy Florida, it does not profit from increased fuel costs and works to shield customers from price fluctuations as outlined in a three-year agreement reached with customer advocacy groups in 2024.
For January and February 2026, typical residential customers can expect an increase of about $7.54 compared to December 2025. However, from March 2026 onward, these same customers are expected to see their bills drop by approximately $44.16 compared to February 2026.
Commercial and industrial customers may experience bill increases between 4.3% and 8.2% at the start of the year compared to December 2025 but should anticipate reductions ranging from 9.6% to 15.8% beginning in March relative to February’s rates. The specific impact will vary depending on several factors.
The company noted that electric rates can fluctuate throughout the year based on fuel prices and storm-related costs.
Duke Energy Florida continues offering support through flexible payment plans and various assistance programs such as free home energy checks (in-person or online), rebates for efficiency improvements after an energy check is completed, weatherization programs for income-qualified households (for those earning less than twice the federal poverty guidelines), participation incentives for reducing usage during peak demand periods via its EnergyWise Home program, time-of-use rate options encouraging off-peak consumption shifts for lower rates, budget billing for predictable monthly payments regardless of usage or weather changes, and financial aid through its Share the Light Fund distributed by partner agencies.
More information about these programs is available at duke-energy.com/HereToHelp and duke-energy.com/SeasonalSavings.
Duke Energy Florida serves two million residential, commercial, and industrial customers across a service area covering 13,000 square miles in Florida with a generating capacity of 12,300 megawatts.
Parent company Duke Energy operates out of Charlotte, North Carolina; it provides electricity to roughly 8.4 million customers across six states—North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky—with total owned generation capacity reaching approximately 54,800 megawatts. Its natural gas utilities serve another 1.7 million customers in five states including Tennessee.
The company reports ongoing investments aimed at strengthening grid reliability while expanding solar power generation—efforts intended to reduce outages following storms and lower fuel costs over time.
“Duke Energy está llevando a cabo una ambiciosa transiciĂłn energĂ©tica, manteniendo la confiabilidad y el valor para los clientes como prioridad mientras construye un futuro con energĂa más inteligente. La compañĂa está invirtiendo en importantes mejoras de la red elĂ©ctrica y en generaciĂłn más limpia incluyendo gas natural energĂa nuclear energĂas renovables y almacenamiento de energĂa.”
Further details are available at duke-energy.com or through Duke Energy’s News Center.
