Duke Energy’s request to lower rates in Florida in 2025 approved [Video]

ST. PETERSBURG, Fla. — The Florida Public Service Commission approved Duke Energy Florida’s request to lower rates and decrease customer bills in January 2025.

The utility company announced the approval Tuesday in a news release. The lower rates are part of an annual adjustment for the cost of fuel used to power electricity at Duke Energy’s power plants, as well as a “much-needed break” after the recent hurricanes devastated homes, businesses and communities across the region.

With this new approval, typical residential Duke Energy customers using 1,000 kilowatt-hours will see a decrease of $9.77 on their January 2025 bill when compared to December 2024, officials stated. Meanwhile, commercial and industrial customers will see decreases ranging from 5.1% to 11.1%. But, officials said that specific impact will vary …