Duke Energy Florida seeks $820m over 3 years from customers for grid improvements and 14 solar farms, aiming for lower customer bills in 2025.

Duke Energy Florida filed for new base rates, seeking $820m over three years from customers to fund grid improvements and 14 new solar farms. The company aims to increase efficiency and reduce outages, with the new base rates expected to lead to lower customer bills in 2025. Additionally, Duke Energy plans to file a fuel and capacity rate request due to falling natural gas costs, which could lower customer bills by $5.

April 02, 2024
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