Duke Energy Florida gets approval to cut customer electricity bills by March 2026

Harry K. Sideris, President and Chief Executive Officer
Harry K. Sideris, President and Chief Executive Officer
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Duke Energy Florida has received approval from the Florida Public Service Commission to lower customer bills starting in March 2026. The company announced that residential customers will see a decrease of about $44 for every 1,000 kilowatt-hours (kWh) of electricity used compared to February 2026.

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 are also expected to benefit from reduced bills beginning in March 2026. These reductions will range from 9.6% to 15.8% compared to February 2026, although individual impacts may vary depending on several factors.

The main reason for this decrease is the removal of the storm cost recovery charge related to Duke Energy Florida’s response to hurricanes Debby, Helene and Milton at the end of February 2026.

However, before these changes take effect, bills for typical residential customers using 1,000 kWh will temporarily rise by $7.54 during January and February 2026 when compared with December 2025. Commercial and industrial customers will see increases between 4.3% and 8.2% over those two months.

Duke Energy Florida says it remains committed to supporting its customers with flexible payment options and energy management tools as well as assistance programs. Further details can be found at duke-energy.com/HereToHelp and duke-energy.com/SeasonalSavings.

Duke Energy Florida is a subsidiary of Duke Energy serving approximately two million customers across a large area of Florida.

Duke Energy is among the largest energy holding companies in the United States and provides electric utilities service to millions across multiple states. The company is working on an energy transition focused on grid upgrades and cleaner energy sources including renewables and storage.



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