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Duke Energy Florida customers to see lower rates in 2027

$DUKPress releaseNov 3, 2026, 10:55 AM ETRead the release

The Florida Public Service Commission approved Duke Energy Florida's request to lower rates in 2027, cutting typical residential bills by $33 in January 2027 versus January 2026. The reduction stems partly from a tax strategy that avoided a scheduled 2027 base-rate increase; commercial and industrial customers will see decreases of 0.9% to 3.8%.

Key figures

Def customers
2000000
Duke total customers
8700000
Duk total capacity mw
55700
Def energy capacity mw
12500
Residential bill decrease jan 2027 usd
33
Commercial industrial rate decrease range
0.9%-3.8%
Residential rate decrease per 1000kwh usd
0.95
March 2027 temporary residential decrease usd
10

AI analysis

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