Duke Energy Florida says costs from storms could top $1.1 billion
Duke Energy Florida anticipates storm-related restoration costs from hurricanes Debby, Helene, and Milton could reach up to $1.3 billion, with plans to seek approval to pass these costs to customers as soon as March. The utility’s parent company, Duke Energy, reported these figures in a recent SEC filing, highlighting the significant financial impact of the storms on the utility’s operations in Florida.