Duke Energy Florida has announced that residential customers can expect a significant decrease in their electricity bills starting March 2026. According to the company, those using 1,000 kilowatt-hours (kWh) per month will see their bills drop by about $44 compared to February 2026.
Melissa Seixas, Duke Energy Florida state president, said, “Duke Energy Florida understands our customers face financial challenges, often making difficult decisions regarding which bill they can afford to pay. That’s why keeping costs low remains a priority for us, and we’ll continue connecting them with assistance programs and tools to help them save.”
The upcoming rate adjustment includes changes related to fuel, capacity, energy conservation efforts, storm protection plans and environmental compliance costs. The company emphasized that it does not profit from increased fuel expenses and is working under a three-year agreement made in 2024 with customer advocacy groups to help protect customers from price fluctuations.
For January and February of 2026, typical residential customers using 1,000 kWh may see an increase of approximately $7.54 over December 2025 rates. However, starting in March 2026—pending approval from the Florida Public Service Commission—bills are expected to decrease by about $44.16 for these customers compared to the previous month.
Commercial and industrial users will also experience changes: between January and February of 2026 there will be increases ranging from 4.3% to 8.2% over December rates; then in March these same users should see decreases between 9.6% and 15.8%, depending on various factors.
A major factor behind the reduction is the removal of the Storm Cost Recovery charge linked to hurricane responses for Debby, Helene and Milton.
Duke Energy Florida advises that electric rates can still fluctuate during the year due to fuel prices or additional storm-related costs.
To support its customers further, Duke Energy Florida offers several assistance programs such as flexible payment plans and tools designed to manage energy use more efficiently. These include free home energy checks; rebates for efficiency upgrades; weatherization programs for income-qualified households; annual bill credits through automated usage reductions; time-of-use rate programs; budget billing options; and emergency funds distributed through participating agencies.
More information about these services is available at duke-energy.com/HereToHelp or duke-energy.com/SeasonalSavings.
Duke Energy Florida serves around two million customers across a service area covering approximately 13,000 square miles in Florida. Its parent company Duke Energy (NYSE: DUK), based in Charlotte, North Carolina, provides electric utilities service across six states and natural gas utilities in five states.
Additional details about Duke Energy’s operations can be found at duke-energy.com or via their official social media channels.
