Having a local utility is about more than electricity. Municipal electric utilities make their communities a great place to live, and with not-for-profit rates, when the cost of power goes down so does the electric bill.
Municipal electric utilities keep more money in the community because they work for Main Street, not Wall Street. They frequently join together with other local utilities to lower costs.
Locally owned electric utilities contribute an average of seven percent of their revenues to the community. In fact, across Florida public power utilities invest at least $300 million annually in our local communities, funds that would otherwise leave the state and benefit distant shareholders.