Duke Energy Florida to cut electricity rates for customers in 2027, lowering typical bills by $33.

Duke Energy Florida received approval from the Florida Public Service Commission to reduce electricity rates in 2027. Residential customers using 1,000 kWh per month will see a $33 decrease in their January 2027 bills compared to January 2026, partly due to a new tax strategy that avoided a planned base rate increase. The company will continue investing in renewable energy and infrastructure improvements to enhance reliability and reduce outages. Additional rate relief is planned for March 2027, with a further $10 decrease per 1,000 kWh during high energy use months.

Duke Energy Corp shares trade at USD 127.06 on Pluang as of Nov 03, 2026 23:03 WIB, down 1.03% in the last day. The stock's market cap stands at $100.10 billion, reflecting its significant presence in the utilities sector. Pluang investors currently show strong buying interest, with 100% buy orders and no sell activity.