The insanity of local monopolies on electricity continues to force high rates on all Indian River residents while holding a portion of them hostage.
Vero Beach Utilities is negotiating a rate reduction with the Orlando Utility Commission – but that rate cut will still not be as low as FPL rates.
The OUC has threatened Vero Beach over its efforts to break contract and find another power supplier.
FPL has offered $13million cash for the Indian River Shores customers who are suing Vero Beach for the overcharges stemming from the rates.
Vero Beach official owns the Shores customers. They are not free to choose or pick their own power supplier. The Shores customers are being held hostage due to the grave issues with VBU and possible cost increases they may have to impose on already dissatisfied customers. Rather than choose to just screw some city officials are choosing to screw the entire county.
The Shores wants out and have made it clear.
Hopefully the Shores carries thru with the suit and wins their freedom back. Sadly the bureaucrats have bound everyone in Indian River to shoddy contracts imposed on them by someone else.
The Vero Council is going forward with the OUC offer.