Duke Energy Florida customers will see lower electricity bills starting in March 2026 after the Florida Public Service Commission approved the company’s request to reduce rates. Residential customers using 1,000 kilowatt-hours of electricity each month can expect a decrease of about $44 compared to their February 2026 bills.
Melissa Seixas, Duke Energy Florida state president, said, “Having operated in Florida for more than 125 years, we’re deeply embedded in the communities we serve, and we understand the challenges our customers – often our neighbors – face in order to provide for themselves and their families. We hope this bill reduction helps ease their financial burden, while we continue providing the reliable power they depend on every day.”
Commercial and industrial customers will also benefit from lower rates in March 2026. The reductions for these groups will range between 9.6% and 15.8%, though individual savings will depend on several factors.
The main reason for the rate decrease is the scheduled removal of the storm cost recovery charge at the end of February 2026. This charge was put in place to cover costs related to hurricanes Debby, Helene, and Milton.
Before this change takes effect, there will be a temporary increase in January and February 2026. During those two months, typical residential bills will rise by $7.54 per 1,000 kilowatt-hours used compared to December 2025. Commercial and industrial customers’ bills will increase by between 4.3% and 8.2% over the same period.
Duke Energy Florida continues to offer flexible payment plans and assistance programs for customers who need help managing energy use or paying their bills. More details are available at duke-energy.com/HereToHelp and duke-energy.com/SeasonalSavings.
Duke Energy Florida serves approximately two million customers across a service area of 13,000 square miles in Florida with an energy capacity of 12,300 megawatts.
Its parent company, Duke Energy (NYSE: DUK), is headquartered in Charlotte, North Carolina and provides electric utilities to more than eight million customers across six states as well as natural gas services to another 1.7 million people.
Duke Energy has announced investments in grid upgrades and cleaner energy sources as part of its plan for a smarter energy future. More information can be found at duke-energy.com or through Duke Energy’s social media channels.
For further inquiries, contact Aly Raschid at any time at 800-559-3853.
