Duke Energy Florida seeks 2027 rate cut, citing lower fuel costs
DUK•Lower fuel costs offset grid investment charges
Lower fuel costs offset higher grid investment charges; a planned 2% base-rate increase for 2027 would be avoided.
The avoided base-rate hike stems from a tax strategy aimed at delivering USD 50 million in customer savings next year.
Florida utility files for lower customer rates in 2027
Duke Energy Florida filed with Florida regulators to cut customer rates starting January 2027 versus December 2026.
Typical residential bill for 1,000 kWh would fall USD 0.71 month-to-month, pending approval.
Commercial and industrial bills would drop 0.8% to 3.6%, with impacts varying by customer.
