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New Duke Energy programs offer Florida customers more choices related to electric vehicles
DUKDuke Energy(DUK) Prnewswire·2025-03-18 14:32

Core Insights - Duke Energy Florida has launched three new programs aimed at enhancing electric vehicle (EV) accessibility for residential and business customers, including the Charger Prep Credit, Off-Peak Charging Credit, and Fleet Advisory programs [1][2]. Charger Prep Credit Program - The Charger Prep Credit program provides a one-time credit to residential and business customers to help cover the costs of installing EV charging infrastructure, such as electric plug-in outlets and electrical upgrades necessary for Level 2 or higher EV chargers. However, it does not cover the costs of charging station hardware, software, or permit fees [2]. Off-Peak Charging Credit Program - The Off-Peak Charging Credit program incentivizes residential customers to charge their EVs during off-peak hours, offering a 7.50creditonmonthlyelectricbillsforeligiblecustomersusingaLevel2charger.Offpeakhoursaredefinedas10a.m.to6p.m.and11p.m.to5a.m.onweekdays,aswellasalldayonweekendsandholidays.Thisprogramhastransitionedfromapilotwith3,000activeparticipantstoapermanentofferingwithoutenrollmentlimits[3].FleetAdvisoryProgramTheFleetAdvisoryprogramallowsbusinesscustomerstoreceiveupto7.50 credit on monthly electric bills for eligible customers using a Level 2 charger. Off-peak hours are defined as 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m. on weekdays, as well as all day on weekends and holidays. This program has transitioned from a pilot with 3,000 active participants to a permanent offering without enrollment limits [3]. Fleet Advisory Program - The Fleet Advisory program allows business customers to receive up to 12,000 to offset the costs of conducting a fleet electrification study. This study aims to evaluate the benefits of transitioning fleet vehicles to EVs, focusing on reducing carbon footprints and improving operational efficiency. Eligibility requires a fleet of 20 or more light-duty vehicles, five or more medium/heavy-duty vehicles, or a combination of 10 or more light-duty and/or medium/heavy-duty vehicles [4]. Company Overview - Duke Energy Florida, a subsidiary of Duke Energy, operates with an energy capacity of 12,300 megawatts, serving 2 million customers across a 13,000-square-mile area in Florida [5]. - Duke Energy, a Fortune 150 company, serves 8.4 million customers across multiple states and owns a total energy capacity of 54,800 megawatts [6]. - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy generation methods, including natural gas, nuclear, renewables, and energy storage [7].