The St. Petersburg City Council has taken a significant step by approving a feasibility study to explore the possibility of establishing a municipal electric utility. This decision, made in a closely contested vote, aims to investigate alternatives to the current provider, Duke Energy, as the city’s 30-year franchise agreement with the company is set to expire in August.
Community and Council Support
The initiative, led by Council member Brandi Gabbard, seeks to empower the city with the necessary information to negotiate effectively with Duke Energy. Gabbard emphasized the importance of negotiating from a position of knowledge and strength. The grassroots campaign ‘Dump Duke’ has been a vocal advocate for this exploration, highlighting community concerns over rising electricity bills.
At a town hall meeting on May 27, Council member Richie Floyd expressed his support for the study, noting the opportunity to explore options for the city’s energy future. Floyd, along with Gabbard and other council members, voted in favor of the study. However, some council members, including Copley Gerdes and Mike Harting, opposed the initiative, citing concerns about the costs and logistical challenges of creating a city-run utility.
Challenges and Considerations
Opponents of the study, like Gerdes, pointed to the significant differences between St. Petersburg and other cities, such as Winter Park, which successfully operates its own utility. Harting highlighted the substantial financial and legal hurdles the city would face in acquiring Duke Energy’s assets and establishing a 24/7 operational team.
Despite these challenges, many residents voiced their support during public comments, arguing that Duke Energy’s monopoly has led to higher costs and that a municipal utility could provide more affordable electricity. Resident Jorge Vazquez criticized Duke Energy’s lack of competition, while Pamela O’Connor and Dominic Medina advocated for a public option as a moral and just pursuit.
Financial and Strategic Concerns
Critics of the study, such as St. Petersburg Downtown Partnership CEO Jason Mathis, questioned the allocation of $590,000 for the study, suggesting that funds could be better spent on other community needs like affordable housing. Duke Energy’s storm director, Todd Fountain, defended the company’s capability to handle severe weather events, emphasizing their resource mobilization during past hurricanes.
As the city moves forward with the study, the outcome will determine whether St. Petersburg continues its relationship with Duke Energy or pursues a new path with a municipal electric utility. The decision will have significant implications for the city’s energy landscape and its residents.
Original reporting: St. Pete Catalyst — read the source article.