Sunday, June 23, 2024

Duke Energy Florida files to refund customers $56 million annually in federal corporate tax savings | Duke Energy



  • If accepted, residential charges will lower $1.90 per 1,000 kilowatt-hours in January as in contrast to lately introduced charges

ST. PETERSBURG, Fla. –  Duke Energy Florida is proposing to cross on $56 million {dollars} of corporate tax savings annually to customers.

“We understand our customers need some relief, and this is an opportunity for Duke Energy to pass tax savings to our customers,” stated Duke Energy Florida State President Melissa Seixas. “We will continue to look for creative solutions to provide relief and focus our efforts to deliver the best possible service.”

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As a results of the Inflation Reduction Act, there’s a right away influence to Duke Energy Florida involving modifications to the manufacturing tax credit (PTCs) related to photo voltaic investments.

Duke Energy Florida proposes to modify base charges beginning with the primary billing cycle of January 2023. 

Duke Energy Florida                                

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Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of power capability, supplying electrical energy to 1.9 million residential, industrial and industrial customers throughout a 13,000-square-mile service space in Florida.

Duke Energy (NYSE: DUK), a Fortune 150 firm headquartered in Charlotte, N.C., is certainly one of America’s largest power holding corporations. Its electrical utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively personal 50,000 megawatts of power capability. Its pure gasoline unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The firm employs 28,000 folks.

Duke Energy is executing an aggressive clear power transition to obtain its targets of net-zero methane emissions from its pure gasoline enterprise and at the very least a 50% carbon discount from electrical era by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero targets additionally embrace Scope 2 and sure Scope 3 emissions. In addition, the corporate is investing in main electrical grid enhancements and power storage, and exploring zero-emission energy era applied sciences equivalent to hydrogen and superior nuclear.

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Duke Energy was named to Fortune’s 2022 “World’s Most Admired Companies” listing and Forbes’ “America’s Best Employers” listing. More information is obtainable at duke-energy.com. The Duke Energy News Center comprises news releases, reality sheets, images and movies. Duke Energy’s illumination options tales about folks, improvements, neighborhood subjects and environmental points. Follow Duke Energy on TwitterLinkedInInstagram and Facebook.





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