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News

Duke Energy Florida Receives Approval To Lower Rates; New Rates Effective In June 2024; A Typical Residential Customer Bill Will Decrease By Almost $6 Per Month

Author: Benzinga Newsdesk | May 07, 2024 10:29am
  • New rates effective in June 2024; a typical residential customer bill will decrease by almost $6 per month
  • Savings adds to more than $11 monthly reduction that went into effect in January 2024

ST. PETERSBURG, Fla., May 7, 2024 /PRNewswire/ -- Duke Energy's Florida customers will see lower electric bills following the Florida Public Service Commission's approval of the company's request to reduce fuel charges on customer bills.

As of result, a typical residential 1,000-kWh monthly customer bill will be reduced by $5.90, or almost 4%, with the new rates taking effect beginning in June 2024.

The savings are in addition to the $11.29 monthly decrease, or about 6%, that went into effect in January.

Similarly, typical commercial and industrial customers will see a bill decrease between 3.5% and 7.0%, varying based on factors such as industry type and differences in customer use patterns.

"Today's approvals are great news for Florida customers, especially as we get closer to our warmest months," said Melissa Seixas, Duke Energy Florida state president. "Duke Energy continues to look for ways to pass on savings to our customers while providing the reliable, increasingly clean power our customers and communities expect."

Additionally, Duke Energy also offers several easy-to-use energy efficiency programs and tools like usage alerts and pick your own due date to help Florida customers take more control over their energy use and bills.

To learn more about these programs, visit duke-energy.com/SeasonalBills or call the Customer Care number listed on your energy bill.

Posted In: DUK