Residents in Indian River have had enough of paying extra for electricity to Vero Beach utilities. Neighboring Indian River Shores is suing to get freak of being ripped off.
They refiled their complaint to give them the right to chose their power provider.
Vero Beach had it’s chance to lower rates and did nothing. Indian River Shores is seeking to force their hand.
Indian River Shores was hoping Vero could sell their electric to FPL but government agency FMPA is in the way.
The company, which said a full or partial sale could bring significantly lower electric bills to Vero customers, blamed the halt to negotiations on the city’s contracts with the Florida Municipal Power Agency, which sells wholesale electricity to the city.
“The above-market (FMPA) power-purchase contracts continue to be an obstacle. Vero Beach customers, including those outside the city, continue to remain on the hook for millions of dollars in increased costs as a result of those high-priced FMPA contracts,” the FPL statement said.
FMPA is the same outfit that sells over-priced power to FPUA and it’s customers.
Source: Analysis: Vero Beach, Shores heading to court over electric rates – TC Palm