Duke Energy Florida to add nearly 300 MWs of solar energy to the electric grid by early 2027

United States, Nov. 6 -- Duke Energy Florida submitted a filing to the Florida Public Service Commission (FPSC), outlining plans for four new solar energy sites that will add nearly 300 megawatts (MW) to the electric grid by early 2027.Why it mattersExpanding solar energy helps displace the cost of fuel, like natural gas, that would otherwise be needed to generate electricity. This creates savings for customers because the price Duke Energy Florida pays for fuel is a direct pass-through cost reflected on their bills. In this case, the four sites will save the company's 2 million customers an estimated $1 billion over their service lifetimes. Duke Energy Florida also transfers approximately $65 million in Inflation Reduction Act production t...