Duke Energy Florida announced that its targeted infrastructure investments in 2025 will result in more than $1 billion in total customer savings. The company stated that by March 2026, the average residential customer will see a monthly bill decrease of about $44 per 1,000 kilowatt-hours compared to January, representing a 22% reduction.
The investments include additions to Duke Energy Florida’s renewables portfolio, upgrades to natural gas power plants, storm hardening measures, expansion of self-healing technology, and advancements in carbon-free energy development. These efforts are intended to boost energy reliability and expand capacity for growing demand while reducing costs for customers.
Among the clean energy initiatives completed this year are three new solar sites located in Hernando, Sumter, and Madison counties. According to the company, these sites have displaced fuel costs and are estimated to save customers approximately $750 million. Duke Energy Florida plans to complete eight additional solar sites by the end of 2027.
Major upgrades at several power plants have also been finalized. The company reports that these enhancements achieve the output equivalent to a new plant without constructing one. As a result of improved fuel efficiency from these upgrades, customers are expected to save over $350 million overall and around $10 per month on their bills.
At the DeBary solar site, Duke Energy Florida tested what it describes as the nation’s first system capable of producing, storing, and using entirely green hydrogen. This innovation is part of efforts to diversify power generation sources and advance carbon-free energy options.
To address severe weather risks, crews replaced more than 2,000 poles with stronger materials as part of storm hardening projects. The expansion of self-healing technology has reportedly prevented over 215,000 hours of outages during 2025.
Melissa Seixas, president of Duke Energy Florida said: “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 residential, commercial and industrial customers across a service area covering 13,000 square miles in Florida with an energy capacity of 12,300 megawatts.
Its parent company Duke Energy is headquartered in Charlotte, North Carolina and operates electric utilities serving approximately 8.6 million customers across six states with a combined capacity of 55,100 megawatts. Its natural gas utilities provide service for about 1.7 million customers across five states.
The company continues its transition toward cleaner energy sources while prioritizing customer reliability through grid upgrades and investment in technologies such as renewables and storage solutions.
