Duke Energy Florida Adds 300 Megawatts of Solar to Electric Grid

Reuters
6 hours ago
Duke Energy Florida Adds 300 Megawatts of Solar to Electric Grid

Duke Energy Florida has announced plans to add nearly 300 megawatts of solar energy to the electric grid by early 2027 through the construction of four new solar energy sites in Columbia, Osceola, and Sumter counties. The company estimates that these sites will save its 2 million customers approximately $1 billion over their service lifetimes by offsetting fuel costs that would otherwise be passed on to customers. Each site is expected to create around 150 temporary construction jobs and bring environmental benefits by reducing the consumption of natural gas, fuel oil, and coal. Additionally, Duke Energy Florida is passing on about $65 million annually in Inflation Reduction Act tax credits to customers, further reducing monthly bills as more solar projects come online.

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