Anatomy of a Utility Settlement Agreement. 500 EV Charging Stations Included.

Duke Energy Florida settlement agreement was approved by the Florida Public Service Commission and includes:

$6 billion investment over 4 years
smart meters
grid modernization projects
optional billing programs
700 MW of solar power facilities over the next four years
installation of more than 500 EV charging stations
up to 50 MW of energy storage under a pilot battery storage program
residential rate will be $123.88 per 1,000 kWh
- includes a reduction of $4.65 per 1,000 kWh as a settlement benefit
commercial & industrial customer bills will increase approximately 1% to 3% from 2019-2021

Energy & Water