Case: 20210016-EI
Initial Filing Date: 1/14/2021
Summary: Residential: 3% to 4% increase; Nonresidential 1% to 6.5% increase
Effective Date: 1/1/2022
Status: Settled
Type: Electric
Duke Energy has reached a settlement agreement with the Florida Public Service Commission approving increases to its base rates in the amount of $67.246 million beginning January 1st, 2022.
An increase of $48.933 million and $79.199 million has also been approved for January 1st, 2023 and January 1st, 2024, respectively. These increases will affect all customers taking service in the state of Florida, and are summarized below:
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The average residential customer will see a bill increase of 3% to 4% in 2022.
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Nonresidential customer bill increases will vary based on consumption patterns, but most will see increases of 1% to 6.5% in 2022.
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All customer classes will see an annual bill increase of approximately 1% to 2% in 2023 and 2024.
The newly approved tariff can be found in its entirety here. To view any other documents relating to this rate case, the full docket can be found here on the Commission’s site.
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