IT'S
TIME FOR
PEOPLE-OWNED
POWER
IN ST. PETE
Locally Owned & Operated
People-Owned, Municipally-Owned, Publicly-Owned, City-Owned; however you want to say it this utility model exists with the primary purpose of enhancing the quality of life of its customers and their communities. This ownership structure has been providing unique benefits to cities in Florida since 1890.
Affordable Power
The non-profit model keeps costs low partially by removing the requirement to generate profits for shareholders or investors. Utility revenues can instead be reinvested into maintaining or improving the infrastructure or by directly lowering rates.
Local Control and Accountability
Local officials are directly accountable to the community they serve. Individuals voicing concerns at municipal utility board meetings are protected rights by the first amendment. Public access to the utility’s decisionmakers means they are vulnerable to public pressure.
Community Focused
Municipal electric utilities often contribute to the city’s general revenues as a payment in lieu of taxes. This contribution helps to offset property taxes. Utilities also contribute to the community by creating jobs, improving infrastructure and supporting the local economy.
Transparency
Public records and open meetings allow residents to review reporting and details about utility spending, projects, and performance metrics. Customers of a public utility are encouraged to participate in meetings where they can share their input to help shape how the utility is managed.