Duke Energy Florida announced a planned decrease of residential customer rates beginning next March, saying the company intends to lift the storm cost recovery charge currently being imposed on customers.

The utility plans to drop the storm cost recovery charge in March 2026 after placing it on customers' bills in March of this year, following back-to-back-to-back hurricanes Debby, Helene, and Milton last storm season. Latest Forecast

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Residential customers using 1,000 kwh (kilowatt-hour) of electricity will see their bills drop approximately $44 compared to February 2026.

But the company said it expects bills for those same customers will increase from January to February next year by approximately $7.54.

The company had filed to i

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