Winter Park to celebrate purchase of electric company

The city of Winter Park is celebrating the 20th anniversary of its acquisition of its electric distribution system, with two special events taking place this month.

In 1927, the city became a licensee of Progress Energy Florida. When this agreement reached its end in 2001, Progress Energy was looking to limit the rights of the city under a new agreement. At this time, it was determined that the value of the electric distribution system was $42.4m. Following a referendum in September 2003, the city was able to purchase the electric distribution system. On June 1, 2005, a celebratory event was held to announce that the acquisition had officially been completed.

This acquisition has enabled the city to so far place 81% of its previous overhead lines underground, with an expected completion date of 2030. The city has also maintained competitive rates, reinvested revenues back into the system, strengthened the electric infrastructure, and offered reliable and responsive utility and customer service.

To celebrate this anniversary of the acquisition, there will be special presentations of the City Commission at the City Hall at 3:30 pm on Wednesday, June 11 and at the Winter Park Farmers Market on Saturday, June 14 from 11:00 am to 2:00 pm. Flyer and poster printing can be used to promote distinctive events like these.