Duke Energy Florida announces significantly lower bills in 2026; residential customers using 1,000 kWh to see approximately $44 decrease beginning in March
In 2026, Duke Energy Florida customers should anticipate a small rate increase in January and February, followed by a significant reduction starting in March.
Rates are expected to drop by approximately $44 for residential customers using 1,000 kilowatt-hours of electricity when compared to February 2026. Commercial and industrial customers should expect to see bill decreases ranging from 9.6% to 15.8% when compared to February 2026, though the specific impact will vary depending on several factors.
This reduction is largely due to the removal of the Storm Cost Recovery charge associated with Duke Energy Florida’s response to hurricanes Debby, Helene and Milton. Please note electric rates can fluctuate during the year based on fuel prices and storm-related costs.
Below are some resources to help you better navigate your bill and energy usage:
- Reading Your Residential Utility Bill
- Reading Your Business Utility Bill
- Monitor your energy use on any device, anytime
- Fuel Costs & Your Bill
Duke Energy 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 all of us.
We’ll continue looking for creative ways to ease customer costs and connect customers with energy efficiency assistance. We offer tips, tools and programs to manage energy usage through the sizzling summer heat. Reducing energy consumption will help decrease your energy bill.
Here are some residential programs that can provide critical billing assistance.
- Pick Your Due Date – choose what day you want your bill to be due each month
- Payment Installment Plan – payment option that makes paying off larger amounts more manageable
- Share the Light Fund® – funds distributed by participating agencies to help pay electric bills, deposits and connection/reconnection charges
- Budget Billing – predictable monthly energy bills regardless of changes in your energy usage or the weather
- EnergyWise® Home Program – annual bill credits for automatically reducing your energy usage during periods of high demand
- Usage Alerts – avoid surprises by receiving an email notification in the middle of your billing cycle showing how much electricity you’re using, the cost at the midpoint in your billing cycle and a cost projection at the end of your billing cycle – in time to adjust your energy usage
- Home Energy Checks – free in-person, online or phone evaluations of your home’s energy efficiency, which qualifies you for up to $3,850 in rebates through the Home Improvement Rebate Program
- Income-Qualified Weatherization Program – free installation of energy efficiency upgrades around your home (only if you have an income less than 200% of federal poverty guidelines)
More information can be found by visiting duke-energy.com/HereToHelp.
Business customers can visit duke-energy.com/resource-hub/business