Clearwater officials allocated $500,000 to weigh the pros and cons of establishing a municipal utility in August 2024. St. Petersburg City Council members have also broached the subject.
Duke Energy Florida subsequently commissioned its own third-party analysis and released the findings Monday. Consultancy firm Concentric Energy Advisors determined it would cost Clearwater over $1 billion to seize the utility’s assets and provide power for roughly 120,000 residents and businesses.
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