When will Duke Energy Florida customers see lower bills?

Customers will see reductions starting in February, with storm cost recovery charges removed a month earlier than originally scheduled.

How much will Duke Energy Florida residential customers save?

Residential customers will see about a $33 reduction in February and an additional $11 in March, totaling around $44 from January levels.

What hurricanes caused the storm cost recovery charge for Duke Energy Florida?

The charges are related to the company's response to hurricanes Debby, Helene, and Milton.

Home / Business and Economy / Duke Energy Florida Bills Drop Sooner Than Expected

Duke Energy Florida Bills Drop Sooner Than Expected

15 Jan

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Summary

Storm cost recovery charge removed from bills a month early.
Residential customers to see around $33 reduction in February.
Commercial and industrial customers to see lower monthly bills.

Duke Energy Florida Bills Drop Sooner Than Expected

Duke Energy Florida customers will benefit from an accelerated removal of storm cost recovery charges, with the reduction appearing on bills a month ahead of schedule. This adjustment follows the nearly $1.1 billion response to hurricanes Debby, Helene, and Milton.

Beginning in February, residential customers can expect a decrease of approximately $33 on their monthly bills, with a further $11 reduction anticipated in March. These changes will bring total savings for households to about $44 compared to January's amounts.

Commercial and industrial clients will also see their expenses decrease, with monthly bills lowered by a range of 9.6% to 15.8% starting in February. While the exact savings will depend on individual usage, this marks a significant financial relief for businesses.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.