Luis Barreto Luis Barreto

Duke Energy’s Short-Lived Rate Reduction: A Temporary Relief Before the Next Hike

Just last week, Duke Energy announced that customers across Florida would see a reduction in their power bills, a decision that initially seemed like great news. But if history—and the energy market—have taught us anything, it’s that these reductions are rarely permanent. In fact, I predict that within months, if not sooner, we will see those rates climb back up, leaving homeowners once again at the mercy of unpredictable energy costs.

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