Duke Energy

Utility leaders say they are responding to a trend of stronger and more unpredictable hurricanes as the 2024 outlook calls for what may be the busiest hurricane season ever.

Carrying out a controversial law signed last week by Gov. Ron DeSantis, officials have started moving to repeal state renewable-energy goals.

Top Florida utility officials said Tuesday increased intensity and unpredictability of hurricanes is making storm preparation more difficult --- and expensive.

Existing coal and new natural gas-fired power plants that run more than 40% of the time will have to eliminate 90% of their carbon dioxide emissions.

Electric bills will be reduced starting in June due to lower-than-expected natural gas costs.

Duke and Tampa Electric this month proposed passing along savings to customers because of reduced prices of natural gas, which plays a major role in fueling power plants.

Duke Energy Florida on Monday joined Tampa Electric Co. in seeking approval to reduce customer bills in June because of lower-than-expected costs of natural gas.

State regulators Tuesday approved a plan that will trim Florida Power & Light customers' monthly bills because of lower-than-expected natural gas costs, while Duke Energy Florida and Tampa Electric Co. said they will seek similar reductions.

The city and Duke Energy announced the Renter Utility Relief Program at a news conference Friday. This plan will help renters pay electric, sanitation and water bills that are past due.

Duke Energy Florida will seek state approval of a three-year plan that would increase customers' base electric rates and expand solar-power generation. But the utility said it expects customers’ overall bills would decrease in 2025.

Duke will also collect $166.1 million in storm-related costs from customers next year.

The funding is part of a nearly $3.7 billion allocation to the Low Income Home Energy Assistance Program through next September.