Your Duke Energy Florida bill is set to drop by about 44 dollars a month in March 2026 as the 2024 hurricane storm charge comes off.
-$44a month
Duke Energy Florida 2025-2027 base rate settlement
Approved Base rate case, docket 20240025-EI before the Florida Public Service Commission.
No residential dollar figure published yet
The filing does not state a typical-bill impact we can verify. We will add one when the commission staff or the consumer advocate publishes it.
FiledJul 15, 2024
Hearingheld or waived
DecisionAug 21, 2024
On billsJan 1, 2025
Duke Energy Florida asked regulators for base rate revenue increases of 593 million dollars in 2025, 98 million in 2026, and 129 million in 2027 under a multi-year rate plan. The Florida Public Service Commission voted to approve a reduced settlement on August 21, 2024, cutting the 2025 increase to about 203 million dollars and the 2026 increase to about 59 million dollars, formalized in Order No. PSC-2024-0472-AS-EI. Duke Energy said many residential customers actually saw their total bill go down in January 2025 because a separate storm recovery charge dropped off around the same time the new base rates began.
What it means for your bill: Your Duke Energy Florida base rate went up in January 2025 and again in January 2026, but changes to separate storm and fuel charges around the same time mean your total bill may not have moved by the same amount.
- Status
- Approved
- Utility
- Duke Energy Florida
- Commission
- Florida Public Service Commission
- Docket
- 20240025-EI
- Filed
- July 15, 2024
- Requested
- $593 million a year
- Approved
- $203 million a year
- Decided
- August 21, 2024
- On bills from
- January 1, 2025
- Last checked
- August 29, 2026
Sources
- Florida Public Service Commission approves a settlement to increase Duke Energy's base electric rates, WMNF 88.5 FM, 2024-08-21
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Other Duke Energy Florida matters
A storm recovery charge added about 32 dollars a month to a typical Duke Energy Florida bill starting March 2025; it is scheduled to come off in 2026.
+$32a month