Sign up, sit back, save: Duke Energy Florida program offers bill credits with minimal requirements, little effort needed from customers

Duke Energy Florida (NYSE: DUK) is promoting its EnergyWise Home program, which offers participating homeowners and renters up to $141 in annual bill credits for enrolling select appliances such as heating, cooling, pool pumps and water heaters.

Rhea-AI Summary

Duke Energy Florida (NYSE: DUK) is promoting its EnergyWise Home program, which offers participating homeowners and renters up to $141 in annual bill credits for enrolling select appliances such as heating, cooling, pool pumps and water heaters.

According to Duke Energy Florida, a no-cost control device is installed on enrolled appliances, allowing run time to be reduced during high demand periods, starting with water heaters and rarely affecting heating and cooling. Customers using at least 600 kWh per month receive credits, with typical residential usage at 1,000 kWh. Mobile home residents can earn up to $111 annually for heating, cooling and water heaters.

Argus Jul 15 session

-1.61% close to close 0.9x rel. volume Open Argus

Details

News Market Reaction – DUK

On Jul 15, the day this news came out, DUK closed 1.61% below the previous close.

Data tracked by StockTitan Argus for the Jul 15 session.

Key Figures

Annual bill credits: $141 Minimum usage threshold: 600 kWh/month Typical customer usage: 1,000 kWh/month +5 more

Annual bill credits

$141

Maximum yearly credits for EnergyWise Home participants

Minimum usage threshold

600 kWh/month

Monthly energy use required to receive bill credits

Typical customer usage

1,000 kWh/month

Reference residential consumption level cited for comparison

Heating credit

$24 annually

EnergyWise Home bill credit for enrolled heating

Cooling credit

$45 annually

EnergyWise Home bill credit for enrolled cooling

Pool pump credit

$30 annually

EnergyWise Home bill credit for enrolled pool pump

Water heater credit

$42 annually

EnergyWise Home bill credit for enrolled water heater

Mobile home credits

$111 annually

Maximum bill credits for mobile home residents’ heating, cooling, water heater

Historical Context

5 past events · Latest: Jul 14

5 events

1. Jul 14

   Dividend increase

   24h Move

   -0.4%

   Raised quarterly common dividend and declared preferred dividends with long payout history.

2. Jul 10

   Customer savings plan

   24h Move

   +0.2%

   Plan to deliver $50 million 2027 customer savings and avoid a 2% base rate hike.

3. Jul 07

   Earnings date notice

   24h Move

   +1.8%

   Scheduled release and call timing for second-quarter 2026 financial results.

4. Jul 01

   STEM grants

   24h Move

   -0.6%

   Foundation committed $773,000 to 22 Florida nonprofits to support STEM education.

5. Jun 30

   Supplier investment

   24h Move

   -1.4%

   Reported $17.2 billion sourcing, including nearly $1 billion with North Carolina suppliers.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

kilowatt-hours (kwh), megawatts

2 terms

kilowatt-hours (kwh) technical

"As long as they use at least 600 kilowatt-hours (kWh) of energy per month"

A kilowatt-hour (kWh) is a measure of energy equal to using one thousand watts for one hour — like running ten 100‑watt light bulbs for an hour or charging an electric car enough to drive a few miles. Investors use kWh to compare and forecast energy production, consumption and costs: it ties directly to utility revenue, fuel and operating expenses, pricing of electricity and the demand outlook that affects company value.

megawatts technical

"Duke Energy Florida ... owns 12,500 megawatts of energy capacity"

A megawatt is a measure of electrical power equal to one million watts, describing how much electricity a plant or device can generate or use at a single moment. Investors use megawatts to compare the size and earning potential of energy projects—larger capacity usually means more electricity to sell—much like comparing the horsepower of engines to judge how much work they can do. Knowing megawatts helps assess scale, revenue potential, and grid impact of energy assets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ST. PETERSBURG, Fla., July 15, 2026 /PRNewswire/ -- Duke Energy Florida's EnergyWise Home program offers up to $141 in annual bill credits for homeowners and renters. Unlike other resources, it has minimal requirements, and little effort is needed from enrolled customers in order to receive the credits. In fact, most customers start saving immediately – without making any changes to their habits or daily routines.

How it works

• Customers enroll select appliances. This enables Duke Energy Florida to reduce their run time during periods of high energy demand.

• • To enroll, click here or call 888.282.9757.

• A small device is installed on each appliance – at no charge. They can then be cycled off as needed, starting with water heaters and ending with heating and cooling units, which are rarely impacted.

• The vast majority of customers save even if the devices are not activated. As long as they use at least 600 kilowatt-hours (kWh) of energy per month (typical residential customers use 1,000 kWh), they will get bill credits.

Bill credit breakdown

• Heating: $24 annually

• Cooling: $45 annually

• Pool pump: $30 annually

• Water heater: $42 annually

• TOTAL: $141 annually

Note: Mobile home residents can receive up to $111 in annual bill credits for enrolling heating, cooling and water heaters.  

Our view

"The EnergyWise Home program is one of the easiest ways for our customers to lower their energy bills," said Melissa Seixas, Duke Energy Florida state president. "Our team is on standby to help, so please reach out so you can start saving this summer."

More ways to save

Duke Energy Florida encourages customers to take advantage of the many energy efficiency and financial assistance tips, tools and programs available to them. For more information, please visit duke-energy.com/SummerSolutions.

Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 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 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

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

 

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SOURCE Duke Energy

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Duke Energy Florida's EnergyWise Home program for DUK customers?

EnergyWise Home is a voluntary program that provides up to $141 in annual bill credits to eligible Duke Energy Florida customers who enroll specific appliances. According to the company, it helps manage demand by briefly reducing appliance run times during peak usage periods.

How much can Duke Energy Florida (DUK) customers save annually with EnergyWise Home?

Eligible customers can receive up to $141 per year in bill credits by enrolling heating, cooling, pool pumps and water heaters. According to Duke Energy Florida, typical mobile home customers can earn up to $111 annually for enrolling heating, cooling and water-heating equipment.

How does Duke Energy Florida's EnergyWise Home program work for enrolled appliances?

Customers agree to have a small, no-cost device installed on selected appliances, allowing Duke Energy Florida to reduce run time during high demand. According to the company, cycling begins with water heaters and rarely impacts heating and cooling units for participating households.

What are the eligibility requirements for EnergyWise Home bill credits from Duke Energy Florida (DUK)?

To receive credits, customers must enroll qualifying appliances and use at least 600 kWh of electricity per month. According to Duke Energy Florida, most residential customers typically use around 1,000 kWh monthly, so many can qualify without changing usage habits or routines.

How are the EnergyWise Home bill credits from Duke Energy Florida broken down?

Maximum annual bill credits total $141, including $24 for heating, $45 for cooling, $30 for pool pumps and $42 for water heaters. According to Duke Energy Florida, mobile home customers can earn up to $111 for heating, cooling and water heating.