Rate Revisions for 2025
As a part of Duke Energy Florida’s rate agreement approved by the Florida Public Service Commission in August 2024, a number of new benefits were introduced in January 2025, including a few enhancements to our time-of-use rates, providing customers greater opportunities for savings.
Additional advantages
In addition to the enhancements to our time-of-use rates, other changes were approved and took effect in January 2025.
- Customers saw the elimination of all reconnection fees (unless a new meter is required), including any fees associated with a disconnection for nonpayment.
- The Neighborhood Energy Saver program, which offers free walk-through energy assessments to qualified customers, was expanded. The assessment is designed to help customers learn how their homes use energy and how to lower monthly electric bills. Customers receive up to 16 free energy-saving products installed at no cost with a greater emphasis on the installation of smart thermostats for income-qualified customers.
- The RSL rate schedules (Residential Load Management) will be closed to new customers and are being replaced with the LMR-1 rider to allow customers to continue to participate in our EnergyWise Home (EWH) program while also enabling the option to move from a traditional rate to a time-of-use (TOU) rate. Prior to this change, EWH participants were unable to consider a TOU option.
- We now provide rebates to customers through the Charger Prep Credit EV Program and published a custom incentive calculator for public chargers over 50 kW on our website.
- We also expanded our RS-1 EV Off-peak Charging credit program to all residential customers with an electric vehicle that do not want to be on a whole-home time-of-use rate and agree to charge their vehicle between 11 p.m. and 5 a.m.
- Duke Energy will build 12 new solar plants between 2025 and 2027, which adds another 900 megawatts of clean energy to Florida’s grid.
Residential Time-of-Use (RST-1)
As part of our recent rate agreement with the Florida Public Service Commission, beginning Jan. 1, 2025, we expanded the time period in which customers receive the lowest rates.
- The name of that time period changed from "super off-peak" to "discount" period and will appear as such in the Billing Details section of your monthly bill.
- The discount period was modified to include the months of December through February from 12 a.m. until 3 a.m.
- Remember: On-peak periods only apply during weekdays. Weekends and predesignated holidays are considered off-peak with the new discount period applicable to all days.
Non-Residential Time of Use (GST-1, GSDT-1, IST-2, CST-2/CST-3)
As part of our rate agreement with the Florida Public Service Commission, beginning Jan. 1, 2025, we expanded the time period in which customers receive the lowest rates across each of the commercial and industrial time-of-use rate schedules.
- The name of that time period changed from "super off-peak" to "discount" period and will appear as such in the Billing Details section of your monthly bill.
- The discount period was modified to include the months of December through February from 12 a.m. until 3 a.m.
- Remember: On-peak periods only apply weekdays. Weekends and predesignated holidays are considered off-peak with the new discount period applicable to all days.