St. Petersburg's 30-Year Duke Energy Agreement Expires
St. Petersburg's long-standing franchise agreement with Duke Energy expires at midnight on July 31, though the company confirms electric service will continue uninterrupted. City officials are currently awaiting the results of a $590,000 feasibility study to determine if the city should establish its own municipal electric utility or negotiate a new contract.
Read the full story at FOX 13 Tampa BayWhy It Matters
The expiration of this agreement marks the start of a transition period where city leaders will decide whether to commit to another long-term contract with Duke Energy or pursue a city-owned utility, a move that could impact future electric rates and infrastructure control for 161,000 St. Petersburg customers.
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