Note: comments posted are strictly the opinion of the poster and not necessarily those of Fiber Planners Inc. or any other posters.
Thursday, September 11, 2003
Power utilities: Winter Park votes to take over local power utility from Progress Energy
"People in the central Florida town of Winter Park have voted to take its electric utility franchise from Progress Energy Florida Inc. and turn it over to a municipal power company. The vote, which was 69 percent to 31 percent, represents the first time in more than 40 years that a Florida city has ended a franchise agreement with an investor-owned utility, the St. Petersburg Times reported."
"The vote approved $50-million in bonds to buy out Progress Energy's facilities in Winter Park. Next, city officials will solicit bids for the operation and maintenance of the generation and T&D system. Progress Energy will be allowed to bid as well."
I always thought Florida Progress was a well-run utility, so this is a surprising announcement. Their North Carolina utility (formerly CP&L) is very well-run on the T&D side and we've done fiber work for them.
If Winter Park wanted to switch to municipal power, I wonder why they didn't just turn to neighboring Orlando Utilities Commission, another well-run outfit (maybe OUC will be involved in the bidding) posted by Al Bonnyman
Thursday, September 11, 2003#