TECO, Duke customers to see a rate hike increase

Rate hikes approved for TECO, Duke Energy
State regulators on Tuesday approved rate increases for Duke Energy and TECO customers to cover costs from Florida's devastating 2024 hurricane season. Evan Axelbank reports.
Florida approves rate hikes for TECO and Duke Energy after costly hurricane recoveries
With this approval, the average residential customer using 1000-1250 kWH will now be paying $360-$490 more over the course of the increase starting in March.
Florida utility regulators approve rate hike for Duke Energy to cover storm costs
For Duke residential customers who use 1,000 kilowatt hours, the storm costs represent a $32.40 increase on monthly bills, according to a commission staff recommendation. But commissioners pointed to other upcoming changes in Duke bills,
TECO, Duke Energy customers could see an increase on their monthly bill
The Public Service Commission is set to vote on rate increases for Tampa Electric Company (TECO) and Duke Energy.
Duke Energy, Tampa Electric customers to pay at least $20 monthly hike for storm costs
Floridians who get their electricity from Duke Energy or Tampa Electric will soon face hefty increases of at least $20 more per month on their bills, as part of the two companies’ efforts to recoup costs from last year’s hurricane season.
Florida regulators urged to OK plan to raise Duke Energy rates to recover storm costs
The storm-related costs would add $31.18 to the monthly bills of such Duke customers — though Duke said last month it expects the customers would see an actual increase of about $21 a month because of decreases in other costs.
Duke Energy, Tampa Electric customers face sharply higher bills for storm costs
The Florida Public Service Commission approved sharp increases on Tuesday for customers of Duke Energy (NYSE:DUK) and Emera's (OTCPK:EMRAF) Tampa Electric of at least $20/month, as part of the two companies' attempts to recover costs from last year's hurricane season,
Tampa Electric, Duke Energy to collect $1.55 billion for hurricane costs
While trying to cushion the blow for Tampa Electric Co. customers, state regulators Tuesday approved proposals by Tampa Electric and Duke Energy Florida to collect more than $1.55 billion to cover hurricane-related costs and replenish storm reserves.
The Republic1d
State regulators OK electricity rate hike for Duke Energy
Duke Energy Indiana received approval Wednesday from state regulators to increase its base electricity rates, but at a lower ...
The Herald-Times1d
State approves reduced Duke Energy rate hike to modernize grid, increase security
Duke Energy gets state approval for raising rates in Indiana with increases happening in two steps: one possibly this month, ...
ABC Action News4h
Florida Public Service Commission approves rate hike for TECO, Duke customers to take effect in March
The Florida Public Service Commission approved new electric rates for TECO and Duke Energy customers that will go into effect ...
bovnews15h
What’s Driving Duke Energy Corp (DUK) Stock’s 5.07% Surge Over the Past Month?
Duke Energy Corp (DUK) stock saw a modest uptick, ending the day at $113.2 which represents a slight increase of $1.21 or 1.08% from the prior close of $111.99. The stock opened at $111.98 and touched ...
Tribune-Star10h
Duke Energy provides $10,000 for Union Hospital Clinton health screening program
Union Health Foundation has received a $10,000 sponsorship from Duke Energy to support a program that bolsters essential ...
Duke Energy price target raised to $124 from $119 at BMO Capital
BMO Capital analyst James Thalacker raised the firm’s price target on Duke Energy (DUK) to $124 from $119 and keeps an Outperform rating on the ...
Duke Energy promised to limit emissions at four new gas plants. It’s already back-tracking
This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, ...
Duke Energy's SWOT analysis: regulated utility giant navigates clean energy transition
Duke Energy Corporation (NYSE:DUK), a major player in the regulated utility sector with a market capitalization of $87.5 billion, is navigating a significant transition towards clean energy while ...