Duke Energy Florida announced that its targeted infrastructure investments in 2025 will result in more than $1 billion in savings for customers. The company reported that by March 2026, residential customers can expect their monthly bills to decrease by an average of $44 per 1,000 kilowatt-hours compared to January, representing a 22% reduction.
The utility’s recent projects include the addition of three new solar sites in Hernando, Sumter, and Madison counties. These facilities are estimated to save customers about $750 million through reduced fuel costs. Duke Energy Florida plans to complete eight more solar sites by the end of 2027.
Upgrades at several power plants have also been completed, increasing output without constructing new facilities. These enhancements are expected to generate over $350 million in overall customer savings and reduce energy bills by $10 per month.
The company has expanded its use of self-healing technology on the grid and replaced more than 2,000 poles with stronger materials as part of storm hardening efforts. In 2025 alone, this technology prevented over 215,000 hours of outages.
Innovation efforts include a successful test at the DeBary solar site of what Duke Energy Florida describes as the nation’s first system capable of producing, storing, and using entirely green hydrogen.
Melissa Seixas, president of Duke Energy Florida, stated: “Duke Energy Florida is investing wisely, modernizing responsibly and doing all we can to keep costs as low as possible. Every investment we made in 2025 shared a common purpose to deliver reliable energy while keeping rates low for the customers and communities we serve. As we head into 2026, our priorities remain the same. We’ll continue projects and improvements that will lower bills and boost reliability.”
Duke Energy Florida serves two million customers across a service area covering approximately 13,000 square miles in Florida and owns a total capacity of 12,300 megawatts. Its parent company Duke Energy operates electric utilities serving about 8.6 million customers across six states and holds a total energy capacity of 55,100 megawatts.
More information is available at duke-energy.com and through the company’s social media channels.
