Duke Energy Florida Files Projected Hurricane Idalia Recovery Costs
17 October 2023 - 5:53AM
Dow Jones News
By Denny Jacob
Duke Energy's Florida operations filed their projected Hurricane
Idalia storm-recovery costs and asked a regulatory body in the
state to reduce the 2024 rate charged for previous storms.
Duke Energy Florida said a typical residential customer using
1,000 kilowatt-hour service would see a decrease in their January
2024 bill by $11.29 when compared to December 2023 when combined
with previous bill-reduction requests. Commercial and industrial
customers would see a decrease between 6.8% and 7.2% depending on
certain factors.
The projected storm-recovery costs weren't disclosed. Previous
storms included in the rate request reduction include Hurricanes
Eta, Isaias, Elsa, Ian, Nicole and Tropical Storm Fred.
The Florida Public Service Commission must approve the request.
The reduction would begin in January if approved.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
October 16, 2023 14:38 ET (18:38 GMT)
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