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Duke plans rate cut

September 17, 2019 - Duke Energy Florida said it plans to cut Florida rates by more than 3 percent in 2020. If a proposal filed with the Florida Public Service Commission is approved, typical residential customers using 1,000 kilowatt hours will see a decrease of $4.69 cents in their monthly bill beginning January 2020, Duke said in a news release. Commercial and industrial customers will see a decrease between 3 percent and 9 percent, depending on several factors, the news release said. Duke said it is adding more solar power and making grid improvements to enhance reliability, security and resilience in 2020 and beyond. 

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