Duke Energy Franchise Agreement Renewal
Summary
The city approved a new 30-year franchise agreement and memorandum of agreement with Duke Energy, locking in utility service after exploring municipalization.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Aug 6, 2026.
Impact analysis
Generates a 6% franchise fee for the city and includes multi-million dollar community donations and infrastructure investments from Duke Energy.
All city ratepayers receiving stable utility operations and the city receiving dedicated infrastructure and economic development funding.
Residents advocating for municipalization who argued for lower electric rates through public ownership.
Mentions & discussions (12)
Florida TaxWatch applauds Clearwater's abandonment of Duke Energy buyout, advises St. Petersburg to do the same
Florida TaxWatch applauds Clearwater's abandonment of Duke Energy buyout, advises St. Petersburg to do the same Florida Politics
City Council — August 6, 2026
The city approved a new 30-year franchise agreement and memorandum of agreement with Duke Energy, locking in utility service after exploring municipalization.
Clearwater said no to dumping Duke, now St. Pete is just wasting $590K
Clearwater said no to dumping Duke, now St. Pete is just wasting $590K Florida Politics
Clearwater Duke Energy deal: City council clears first vote on 30-year contract
Clearwater Duke Energy deal: City council clears first vote on 30-year contract FOX 13 Tampa Bay
Clearwater approves Duke Energy deal, rejects public power
Clearwater approves Duke Energy deal, rejects public power TBBW
Council Work Session — July 13, 2026
The city is evaluating a 30-year electric franchise agreement with Duke Energy, paired with a multi-million dollar memorandum of agreement covering community investments, resilience, and economic development.
Clearwater appraises Duke Energy property as it investigates ditching the utility
Clearwater appraises Duke Energy property as it investigates ditching the utility Tampa Bay Times
Florida TaxWatch opposes Clearwater municipal electric utility, supports negotiating Duke agreement
Florida TaxWatch opposes Clearwater municipal electric utility, supports negotiating Duke agreement Florida Politics
Duke Energy and Clearwater discuss city's proposal to ditch the power company
Duke Energy and Clearwater discuss city's proposal to ditch the power company wtsp.com
Clearwater City Council is making a mistake with Duke Energy | Column
Clearwater City Council is making a mistake with Duke Energy | Column Tampa Bay Times
Could Clearwater become the first Florida city in 20 years to run its own power utility?
Could Clearwater become the first Florida city in 20 years to run its own power utility? Florida Phoenix
Clearwater’s risky power play: Uncertainty looms and a price tag threatens
Clearwater’s risky power play: Uncertainty looms and a price tag threatens Florida Politics
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