DUK · News · 20261103N
Florida Rate Reductions
Duke Energy CORP · 2026-11-03 · Importance 46 · Surprise 42 · In source text
The Florida Public Service Commission approved Duke Energy Florida’s request to lower customer rates in 2027. A typical residential customer using 1,000 kWh per month will have a January 2027 bill that is $33 lower than in January 2026. Residential customers will receive an additional $10 reduction per 1,000 kWh from March through November 2027. The reductions are partly enabled by a tax strategy that avoids a scheduled 2027 base-rate increase.
Key facts
- Duke Energy Florida received Florida Public Service Commission approval to lower customer electricity rates in 2027. source
- Typical residential customers using 1,000 kilowatt-hours per month will see January 2027 bills decrease by $33 compared with January 2026. source
- Residential customers will receive an additional $10 reduction per 1,000 kilowatt-hours from March through November. source
- Duke Energy Florida implemented a tax strategy to avoid a base-rate increase scheduled for 2027. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | committed | — | Typical residential customers using 1,000 kilowatt-hours per month will see January 2027 bills decrease by $33 compared with January 2026. |
| revenue | negative | committed | — | Residential customers will receive an additional $10 reduction per 1,000 kilowatt-hours from March through November. |