Tuesday, September 7, 2021

Duke Energy Florida is proposing measures to cut the impact of new rates that take effect in January of 2022 by roughly a third

Duke Energy Florida is proposing measures to cut the impact of new rates that take effect in January of 2022 by roughly a third.


Rates are expected to increase next year mainly because of rising natural gas costs, which are market driven and passed through to customers with no markup.


Duke Energy Florida is proposing to spread the recovery of approximately $247 million of unrecovered fuel costs over two years and forego immediate recovery of costs related to recent storms, among other actions.


Thee steps could reduce a residential 1,000-kWh customer bill by up to $4.67 monthly, on average.


Together with the proposed reductions, typical residential customers using 1,000 kilowatt-hours (kWh) will see an increase of $9.24 in their monthly bill, on average, for 2022.


Commercial and industrial customers will see bill impacts ranging from a 1% to 8% increase.


Residential customers will also benefit from the removal of credit card fees for bill payments beginning in 2022.



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