Duke Energy Florida announced that its 2025 infrastructure investments will result in more than $1 billion in savings for customers. The company completed several projects during the year, including expanding renewable energy sources, upgrading natural gas power plants, strengthening the grid against storms, and advancing carbon-free energy technology.
The utility stated 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. This reduction represents a 22% drop in costs.
The company’s clean energy initiatives included the completion of three new solar sites in Hernando, Sumter, and Madison counties. These projects are expected to save customers about $750 million through reduced fuel expenses. Duke Energy Florida plans to add eight more solar sites by the end of 2027.
Upgrades at several power plants have increased output without constructing new facilities. These improvements are projected to save customers over $350 million overall and reduce monthly bills by $10.
At the DeBary solar site, Duke Energy Florida tested what it describes as the nation’s first system capable of producing, storing, and using 100% green hydrogen. The company says this innovation supports a more diverse and carbon-free power generation portfolio.
Storm hardening efforts involved replacing more than 2,000 poles with stronger materials and expanding self-healing technology across the grid. According to Duke Energy Florida, these measures prevented over 215,000 hours of outages in 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 supplies electricity to two million customers across a service area covering 13,000 square miles in Florida. Its parent company, Duke Energy (NYSE: DUK), serves electric utility customers in six states and owns over 55 gigawatts of capacity nationwide.
More information about these initiatives can be found on duke-energy.com and through Duke Energy’s official news channels.
