Florida Residents Largest Increase Electricity Bills

Duke Energy and Florida residents 

In 2020 Florida residents got the largest increase in electricity bills than any other state. A 17.3% increase change from 2019. Duke Energy’s net income last year was 3.6 billion. Duke Energy is one of the largest electric and gas utilities in the U.S.

From 2014 through 2017, the four utilities gave $43 million to political parties, state candidates, and committees during the 2014 and 2016 elections. Of that, Duke Energy accounted for $10.3 million. In 2019 Duke Energy spent $5,284,510 on lobbying our officials. To make sure they get what they ask for. The utilities employ around 100 lobbyists annually, compared that to the Legislature’s body of 160 members.

Please wake up, folks, we don't stand a chance! Instead of worrying about a few unfortunate street people or coyotes. Here are the real predators. The Florida Public Service Commissioners and our state Legislatures. Why not start an email/phone campaign. Telling them to stop being partners with the electric and gas utilities company’s and regulate in the public interest.

There are 5 FPS commissioners all of them appointed by the Governor and are confirmed by the Florida Senate.

• Donald J. Polmann, Ph.D. Contact Phone: (850) 413-6044Email: [email protected]

• Art Graham Phone: (850) 413-6040Email: [email protected]

• Andrew Giles (850) 413-6046
  Email: [email protected]

• Julie Imanuel Brown Phone: (850) 413-6042
  Email: [email protected]

• Gary F. Clark Phone: (850) 413-6038
  Email: [email protected]

In 2019 Tampa Electric Co.’s is only $99.53. FPL’s typical 1,000-kilowatt residential bill is $100.73, and Duke Energy charges $128.78 for the same electricity.

In 2003, Duke Energy charged us $83.71 for 1,000-kilowatt hours of power, about what the average residential customer uses a month. By 2014, that rate rises to $124.30. That is a 48 percent increase.

Duke Energy’s ill-fated nuclear plants on Florida’s west coast. Nearly 2 million customers in Florida are still paying for Duke’s now-shuttered and abandoned nuclear power plants for the next several years.

August 30, 2013, Duke Energy Florida filed its annual requests with the Florida Public Service Commission (PSC) to recover fuel costs used to generate electricity, purchased power, and environmental investments at generating plants.  They got it!

Duke Energy Florida filed 2017 rates with FPSC for review rates increased about 4 percent August 25, 2017, Duke filed for an 8.5 percent rate increase.

Duke Energy filed and got two rate hike approvals in 2018. Two rate increases could cost customers more than $3 billion in the next three years. Feb 2020 Florida Public Service Commission approved an interim storm restoration recovery surcharge allowing Duke Energy Florida, LLC (DEF), to recover costs related to 2019 Hurricane Dorian and Tropical Storm Nestor. From us! Duke Energy says the average customer will see their monthly bill go up by $5.34.

July 1, 2020, DEF filed a proposal with the Florida Public Service Commission. Possible increases by 1.5% every year.

State regulators approved requiring Duke Energy Florida to return $16.1 million to customers in a case that stemmed from problems at the utility’s Bartow power plant in St. Petersburg. Big deal!

They claim the Florida resident’s average bill is 125.56? I loved to know where this comes from?

In 2020 Florida residents got the largest increase in electricity bills than any other state. A 17.3% increase change from 2019.

The company plans to decrease Florida residential rates by 2.8% while making grid improvements to enhance reliability, security, and resilience in 2021 and beyond. Yes, beyond when pigs fly.

Decreasing Florida residential rates by 2.8% “while making grid improvements to enhance reliability, security, and resilience in 2021 and beyond.” When they raised our rates 48% from 2003/2014, another 28% in 4 years, and a 17.3% increase in 2019, it’s easy to jawbone about a decrease of 2½%.