Categories: Florida Business News

Higher Electric Bills Loom for Duke Energy Customers in Orlando as Hurricane Recovery Costs Proposed

Higher Electric Bills Possible for Duke Energy Customers in Orlando

Orlando, Fla. – Duke Energy customers may notice an increase in their electric bills next year if state regulators approve the company’s proposal. The utility provider is seeking to recover $1.1 billion in costs associated with damages from hurricanes Debby, Helene, and Milton.

The Proposal

Duke Energy’s plan could lead to residential customers facing a potential increase of $21 for every 1,000 kilowatt-hours in their monthly electric bills, starting in March. The additional charges would stay on customer bills until February 2026.

Hurricane Impacts

This increase stems from the expenses incurred during the hurricane season, which required significant resources for restoration efforts. Duke Energy reported that they brought in 3,000 workers to restore power after Hurricane Debby, 8,600 workers after Hurricane Helene, and approximately 16,000 workers for Hurricane Milton. Workers were recruited from various locations, including some that traveled from as far as Canada.

The massive effort also involved the replacement of 2,805 damaged power poles, highlighting the extensive damage caused by these storms. As a result, Duke Energy is now attempting to recover the considerable costs associated with these restoration efforts.

Regulatory Approval

Duke Energy submitted this recovery plan to the Florida Public Service Commission on Friday. This regulatory body oversees the rates for public utilities, including electricity and water. The commission is composed of five members who are appointed by the state’s governor.

A hearing to discuss Duke Energy’s request has yet to be scheduled. These hearings are open to the public, allowing residents to participate in the decision-making process that may impact their monthly expenses.

Community Impact

The proposed increase has raised concerns among customers, especially those who may already be facing financial challenges. Residents and local advocacy groups have begun organizing discussions about the potential burden this fee increase could place on families and individuals.

Customers are encouraged to stay informed about the hearings and the approval process through the Florida Public Service Commission’s website. Understanding the decision’s implications will be essential for residents as they prepare for the possibility of higher electric bills.

Conclusion

As the regulatory approval process unfolds, Duke Energy’s plan signals a significant change for electric customers in Orlando. The outcome will ultimately depend on the decisions made by the Florida Public Service Commission, which continues to prioritize the balance between utility needs and customer affordability. The resolution of this request will be closely monitored by the community in both the short and long term, as customers await clarity on their future bills.


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