Duke Energy Promises Florida Price Reduction On Bill: Ending Storm Cost Recovery Charge
Good news for anyone who still remembers the price of electricity before they learned how shockingly specific their thermostat could be.
Duke Energy Florida announced its customers will see lower bills starting March 2026.
That’s right— March 2026 or sometime between Mardi Gras confetti and the first mosquito swatting, your electric bill may look slightly less like a ransom note.
Here’s the headline math: residential customers can expect a $44 decrease for every 1,000 kilowatt-hours of electricity they use, compared to February 2026.
Commercial and industrial customers aren’t being left at the charger, either—their bills will drop between 9.6% and 15.8% compared with February 2026. Duke Energy Florida serves about 2 million customers over a 13,000-square-mile service area, so that’s a lot of refrigerators and neon Flamingo lawns getting a collective sigh of relief.
“We hope this bill reduction helps ease their financial burden,” said Melissa Seixas, Duke Energy Florida state president.
That’s a sentence that sounds great on a press release and even better when your mobile carrier doesn’t also remind you that you left the pool heater on overnight.
Why the cut?
The company and regulators point to one largely administrative act: the removal of the storm cost recovery charge linked to Hurricanes Debby, Helene, and Milton.
In other words, the emergency cleanup tab from those storms is being taken off the monthly receipt—no more amortizing a hurricane over your avocado toast budget.
But before anyone gets too jubilant, there’s a narrative arc here.
Duke Energy warned customers that January and February 2026 would bring a temporary uptick: typical residential customers using 1,000 kWh saw bills increase by $7.54, and commercial and industrial customers experienced increases of 4.3% to 8.2% compared with December 2025.
So, yes—the billing roller coaster climbed briefly before descending toward that $44-smaller plateau.
Think of it as a corrective nudge, not a confetti cannon.
From the consumer’s point of view, this is a nice trifecta: a reduction tied to a specific charge being removed, clear per-1,000-kWh math to check against your own usage, and a message from the company that sounds, at least in phrasing, empathetic.
From the regulator’s point of view, the March change is also tidy: storm costs can be controversial because they’re passed through to ratepayers, and rolling them back can be politically popular.
From the power company’s point of view—the one that actually wires your toaster—this is likely a mix of compliance, optics, and careful bookkeeping.
What should customers actually do?
First: don’t immediately plan a major appliance binge.
A $44 drop per 1,000 kWh is meaningful, but it’s not an all-expenses-paid vacation.
Second: know your usage.
If you’re a 500-kWh household, your sticker shock will be smaller than the headline number; if you run a well-drilling EDM studio in your garage, you’ll enjoy more.
Third: read your bill in March.
Confirm the storm-cost recovery charge is gone, check that the math matches, and then—if you’re feeling fancy—use the savings to buy a cheap plant that will probably die unless you unplug it and put it in the dark.
At the end of the day, Melissa Seixas’ line is the customer-friendly framing the company wants to lead with.
Whether the reduction truly “eases” financial burdens will depend on household budgets, appliance efficiency and how many readers remember to switch off the extra garage freezer.
Still: relief arriving at the start of spring, just as air conditioners awaken from their annual slumber, is welcome timing.
So plug in your gratitude—moderately—and enjoy the slightly lighter electric bill as March rolls in.
If nothing else, it gives Floridians one less thing to gripe about while waiting for the hurricane season newsletter!
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