Duke Energy (DUK) Unit to Cut Utility Bills From January 2024

Duke Energy (DUK) announced that its subsidiary, Duke Energy Florida, received approval from the Florida Public Service Commission (“FPSC”) to lower rates. Per the revision residential customers using 1,000-kilowatt hours (kWh) of electricity per month will experience a decline of $11.29 or 6%, in their January 2024 electricity bill when compared with December 2023.The reduction in rates will also benefit commercial and industrial consumers of Duke Energy Florida. Customers can expect to save between 5.6% a ...