•The
need to try and reduce the costs of electricity to the residences,
businesses and City of Marco Island
–Marco
subsidizes the rest of LCEC operations
•LCEC revenue per sq. mile - $ 148,000
•Marco Island revenue sq. per mile - $1,700,000
•Municipal owned electric system have lower rates
•FPL is 6.4 % lower then LCEC
WHY CONSIDER MUNICIPALIZATION?
