•The need to try and reduce the costs of electricity to the residences, businesses and City of Marco Island
–6 % rate increase in July 2008
–4/12/08 to 5/13/08 electric use - 2,268 kWh
–Electric cost - $ 246.96
–As of July 2008 - $ 261.53
–36.34% increase since 2004
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WHY CONSIDER MUNICIPALIZATION?