Council OKs municipal electric utility feasibility study (opens original article in a new tab)

The St. Petersburg City Council approved a $590,000 feasibility study for a municipal electric utility, aiming to explore alternatives to Duke Energy as their 30-year contract expires in August. The study will be conducted by NewGen Strategies and Solutions LLC, following community support and concerns over rising electricity costs.

• St. Petersburg City Council approved a $590,000 feasibility study for a municipal electric utility.
• The study will be conducted by NewGen Strategies and Solutions LLC, previously involved in a Clearwater study.
• Residents and some council members support the study due to concerns over Duke Energy's monopoly and rising electricity costs.