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Updated: March 2026

Electric Utility

Duke Energy Florida

Commercial rate guide for DEF โ€” Central Florida including St. Petersburg, Clearwater, Orlando suburbs, and parts of north-central Florida. Serves approximately 1.9 million customers.

FL

Rate Overview

$0.12per kWh
Electric
Not Available

Rate Structure

General service demand rate (GSD-1) for commercial accounts with demand charges. Large general service time-of-use rate for accounts above 500 kW. Fuel cost recovery and capacity charges applied monthly.

Recent Rate Changes

Rising

5.6% base rate increase effective January 2026, approved by FPSC as part of mult

5.6% base rate increase effective January 2026, approved by FPSC as part of multi-year rate agreement

Common Billing Issues

Property managers with DEF accounts frequently encounter these billing challenges:

Fuel cost recovery charges volatile with natural gas market swings

Storm protection surcharges as new permanent line items

Capacity cost recovery charges on all commercial accounts

Gross receipts tax applied to total bill amount

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

Florida is a fully regulated state. Duke Energy Florida operates as a vertically integrated subsidiary of Duke Energy Corporation.

Pending Rate Filings

๐Ÿ“‹

Storm protection plan cost recovery filing pending FPSC approval for grid hardening investments

Cities Served

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Other Utility Providers

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