Tuesday, February 20, 2018
Business

Duke Energy considering lowering what St. Petersburg pays for streetlights

Duke Energy told the Tampa Bay Times editorial board Monday that it plans to ask state regulators to lower the amount St. Petersburg pays for street lights after the city switches to high-efficiency bulbs.

Duke said it has been working with the city on developing a plan for the city's street light pay schedule, or tariff as it is often called, to cover a switch to LED bulbs.

It is still unclear exactly how much of a discount the city will get.

On Friday, the Times reported that the city and the utility were at odds over what rate schedule would be if the city switched to LED bulbs. The city said Duke did not want to lower the current $4.7 million tariff.

Duke told the Times on Friday that it was looking into a reduction in the tariff, but it could not say whether the amount was what the city was seeking.

City Council Chairman Karl Nurse said the city was looking for a savings of about 40 percent, which would lower the tariff by as much as $1.8 million. Nurse said the Raleigh/Durham area in North Carolina received such a discount from Duke after a switch to LED bulbs.

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