New Duke Energy programs offer Florida customers more choices related to electric vehicles

Rhea-AI Summary

Duke Energy Florida (DUK) has launched three new electric vehicle (EV) programs to enhance accessibility and incentivize adoption. The initiatives include:

1. Charger Prep Credit Program: Offers one-time credits to both residential and business customers for EV charging infrastructure installation costs, excluding hardware and permits.

2. Off-Peak Charging Credit Program: Provides residential customers using Level 2 chargers a $7.50 monthly credit for charging during off-peak hours (10 a.m.-6 p.m. and 11 p.m.-5 a.m. weekdays, plus weekends/holidays). This program, formerly a pilot with 3,000 participants, is now permanent with no enrollment limit.

3. Fleet Advisory Program: Offers business customers up to $12,000 to offset fleet electrification study costs. Eligible fleets must have 20+ light-duty vehicles, 5+ medium/heavy-duty vehicles, or 10+ combined vehicles.

Positive

• Introduction of three new EV incentive programs expanding customer options
• Permanent implementation of Off-Peak Charging Program after successful pilot
• Up to $12,000 incentive for business fleet electrification studies
• Monthly $7.50 credit for residential customers participating in off-peak charging

Negative

• Charger Prep Credit excludes actual charging hardware and permit costs
• Fleet Advisory Program to businesses with larger vehicle fleets only

• Various incentives offered for residential and business customers through the Charger Prep Credit, Off-Peak Charging Credit and Fleet Advisory programs 

ST. PETERSBURG, Fla., March 18, 2025 /PRNewswire/ -- Today, Duke Energy Florida announced the launch of three new programs – the Charger Prep Credit, Off-Peak Charging Credit and Fleet Advisory programs – to offer both residential and business customers more choices related to electric vehicles (EVs).

"Not only do EVs help save on fuel and maintenance costs for drivers, but they have significant economic and environmental benefits as well," said Melissa Seixas, Duke Energy Florida state president. "Our goal with these programs and the various incentives they offer is to make EVs more accessible for all of our customers, helping meet their individual needs, while contributing to the ongoing energy transition."

Charger Prep Credit Program (Residential and Business Customers)

Through the Charger Prep Credit program, both residential and business customers can receive a one-time credit to defray the cost of installing EV charging infrastructure, including new electric plug-in outlets, electrical wiring improvements and other electrical upgrades required to support Level 2 or higher EV chargers. However, it does not apply to the charging station hardware and software (if needed), as well as permit fees. For more information, please click here (for residential customers) or here (for business customers).

Off-Peak Charging Credit Program (Residential Customers Only)

The Off-Peak Charging Credit program allows residential customers to get paid for charging their EVs during times when demand for energy is typically lower. Eligible customers using a Level 2 charger can earn a $7.50 credit on their monthly electric bills for charging their EVs during these off-peak hours – 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m. Monday through Friday and anytime on weekends and holidays. It originally began as a pilot (reaching its threshold of 3,000 active participants while maintaining a lengthy waitlist) and is now a permanent offering without an enrollment limit. For more information, please click here.

Fleet Advisory Program (Business Customers Only)

By participating in the Fleet Advisory program, business customers can receive up to $12,000 to offset the cost of completing a fleet electrification study to assess the benefits of switching their fleet vehicles to EVs. The goal is for businesses to learn how to reduce their carbon footprint, while also discovering how EVs can lower their operating costs and improve overall efficiency. To qualify, a customer's fleet must include 20 or more light-duty vehicles, five or more medium/heavy-duty vehicles, or a combination of 10 or more light-duty and/or medium/heavy-duty vehicles. For more information, please click here.

Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.  

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage. 

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition. 

Contact: Aly Raschid
24-Hour: 800.559.3853
X: @DE_AlyRaschid

 

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SOURCE Duke Energy

FAQ

What incentives does Duke Energy Florida (DUK) offer for EV charging infrastructure?

DUK offers a one-time Charger Prep Credit for installation costs of Level 2 or higher charging infrastructure, including electrical upgrades and wiring improvements.

How much can residential customers save with DUK's Off-Peak Charging Credit Program?

Residential customers can earn a $7.50 monthly credit by charging EVs during off-peak hours using Level 2 chargers.

What are the eligibility requirements for DUK's Fleet Advisory Program?

Businesses must have 20+ light-duty vehicles, 5+ medium/heavy-duty vehicles, or 10+ combined vehicles to qualify for up to $12,000 in fleet electrification study costs.

What are the off-peak charging hours for Duke Energy Florida's EV program?

Off-peak hours are 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m. Monday through Friday, plus anytime on weekends and holidays.