Duke Energy Florida has announced that residential customers using 1,000 kilowatt-hours (kWh) of electricity can expect their bills to decrease by about $44 starting in March 2026. This change is part of the company’s annual rate adjustment process.
“Duke Energy Florida understands our customers face financial challenges, often making difficult decisions regarding which bill they can afford to pay,” said Melissa Seixas, Duke Energy Florida state president. “That’s why keeping costs low remains a priority for us, and we’ll continue connecting them with assistance programs and tools to help them save.”
The adjustment includes updates to fuel, capacity, energy conservation, storm protection plan and environmental compliance clause costs. The company emphasized that it does not profit from increased fuel costs and works to shield customers from price swings through an agreement reached with customer advocacy groups in 2024.
For January and February 2026, typical residential customers are expected to see a rate increase of about $7.54 compared to December 2025. However, beginning in March 2026, bills will decrease by approximately $44.16 compared to February levels for those using 1,000 kWh.
Commercial and industrial customers will experience increases between 4.3% and 8.2% at the start of the year compared to December 2025 but should expect decreases ranging from 9.6% to 15.8% after March when compared with February figures.
The reduction is mainly attributed to the removal of the Storm Cost Recovery charge related to hurricane responses for Debby, Helene and Milton.
Duke Energy Florida stated that electric rates may fluctuate throughout the year based on fuel prices and storm-related costs.
The company continues offering support programs such as flexible payment plans and energy efficiency tools. These include free home energy checks, rebate programs for upgrades following an evaluation, weatherization support for qualifying households under certain income thresholds, annual bill credits through the EnergyWise Home Program for reduced usage during high demand periods, time-of-use rate options for shifting consumption away from peak hours, budget billing for predictable monthly payments regardless of usage changes or weather fluctuations, and assistance through the Share the Light Fund distributed by participating agencies.
More details on these programs are 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 spanning approximately 13,000 square miles in Florida with an energy capacity of about 12,300 megawatts.
Parent company Duke Energy is one of America’s largest energy holding companies with operations in several states including North Carolina, South Carolina, Indiana, Ohio and Kentucky. The company is focused on upgrading its electric grid infrastructure while investing in cleaner generation sources such as natural gas, nuclear power plants and renewables.
