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Open house scheduled on proposed combined-cycle natural gas plant in Citrus County, Fla. June 16, 2014

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CRYSTAL RIVER, FLA. -

Duke Energy Florida has scheduled an open house on the proposed combined-cycle natural gas plant in Citrus County.

It will be held Thursday, July 10, 2014, between 3 and 7 p.m. in the Magnolia room at the Plantation on Crystal River, 9301 W. Fort Island Trail, Crystal River.

The purpose the event is to provide information about the project, including the combined-cycle natural gas technology, project schedule, approval and permitting process and environmental protection aspects, among other things.

The event is free and open to the public. The informal format will enable attendees to come and go as their schedule permits and to interact with several subject-matter experts. Light refreshments will be served.

Event details

What: Open house for combined-cycle natural gas plant in Citrus County

When: Thursday, July 10, 2014

Time: 3 - 7 p.m.

Where: Plantation on Crystal River | Magnolia room | 9301 W. Fort Island Trail, Crystal River

On May 13, 2014, Duke Energy Florida announced plans to construct a new, state-of-the-art, highly efficient combined-cycle natural gas plant in Citrus County to supply 1,640 megawatts of generation to help serve Florida's approximately 1.7 million customers in 2018.

Building a natural gas plant is the most cost-effective option for Duke Energy Florida to satisfy customers' future demand, provide systemwide reliability and meet the companyís 2018 in-service construction timeline.

The new combined-cycle plant will be located on 400 acres near the existing Crystal River Energy Complex. If all necessary approvals and permits are received, construction is expected to start in early 2016. The plantís first 820 megawatts are expected to come online in spring 2018, and the second 820 megawatts are expected to come online by December 2018.

Construction and related activities are expected to add several million dollars to the local tax base and economy. During the height of construction, the company anticipates 600 to 700 construction jobs to be created. Once construction is complete, 40 to 75 workers will be needed to operate the plant.

The plant is expected to receive natural gas through a proposed new pipeline Sabal Trail Transmission is constructing. The pipeline will start in Alabama, extend through Georgia and end in Central Florida. Sabal Trail Transmission will license, construct and operate the natural gas pipeline.

For more information on the proposed combined-cycle natural gas plant in Citrus County, go to www.duke-energy.com/CitrusNaturalGas.

Duke Energy Florida

Duke Energy Florida owns coal-fired and natural gas generation providing about 9,000 megawatts of owned electric capacity to approximately 1.7 million customers in a 20,000-square-mile service area.

With its Florida regional headquarters located in St. Petersburg, Fla., Duke Energy is the largest electric power holding company in the United States with approximately $115 billion in total assets. Its regulated utility operations serve approximately 7.2 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international energy business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at www.duke-energy.com/Florida.

Contact: Heather Danenhower

24-hour: 800.559.3853


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