DUK · News · 20261016N

Renewable Generation Transition

Duke Energy CORP · 2026-10-16 · Importance 34 · Surprise 42 · In source text

Duke Energy Florida completed the Bailey Mill Solar Center in Jefferson County with 74.9 megawatts of clean-energy capacity. The facility is expected to power approximately 15,000 homes and save customers $250 million in lifetime fuel costs. The savings are expected to come from displacing natural gas, fuel oil, and coal generation. Duke Energy Florida targets more than 5,500 megawatts of utility-scale solar generation online by 2033.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobable—Duke Energy Florida plans to have over 5,500 megawatts of utility-scale solar generation online by 2033.