Duke Energy Florida implements third 2026 rate cut, sees residential bills drop about 25% June-September

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  • Duke Energy Florida will cut residential bills about $50 per 1,000 kWh from June-September 2026, about 25% below January levels.
  • June reduction reflects a storm-cost true-up, returning the gap between about $1 billion collected and about $915 million incurred in 2024.
  • Typical 1,000-kWh bills fell about $33 in February 2026, about $11 in March, then about $6 in June for the June-September period.
  • Commercial, industrial customers expected to see 3.3%-7.4% bill declines versus March-May 2026, varying by usage and rate design.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duke Energy Corporation published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.

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