ST. PETERSBURG, Fla. (WFLA) — Duke Energy’s request to lower rates and decrease customer bills in Jan. 2025 has been approved by the Florida Public Service Commission.

Lowering the rate and decreasing customer bills is part of an annual adjustment for the cost of fuel being used to generate electricity at Duke Energy’s power plant, and other clause adjustments, Duke Energy stated.

Residential customers who use 1,000 kilowatt-hours will see a $9.77 decrease on their bill in January when compared to the December 2024 bill, according to Duke Energy.

Commercial and industrial customers will see a decrease ranging from 5.11% to 11.1%, impact will vary depending on different factors.

“Duke Energy is thankful for the opportunity to offer our customers this much-needed break after recent hurricanes devastated many of their homes, businesses, and communities,” said Melissa Seixas, Duke Energy Florida state president.

Duke Energy will continue to make electric grid improvements that are consistent with its storm protection plan to enhance security, reliability, and resiliency in 2025, according to Duke Energy.

“While we’re assessing cost of the company’s response to the storms, we want to remind our customers that we’ll always prioritize affordability— even as we work to develop smarter, stronger, electric grid, and maintain the same high-level service they expect and deserve,” Seixas said.

The rates also include energy conservation, environmental compliance clause costs, the company’s annual fuel, and capacity.