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Commission adopts new Duke Energy franchise agreement; city to receive 6% franchise fee
5093632 · June 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The commission approved an ordinance granting Duke Energy franchise rights to use municipal rights of way. The new agreement includes a 6% monthly franchise fee on base revenues and language ensuring franchise fees continue to the city during contract gaps.
The commission voted unanimously to adopt an ordinance granting Duke Energy a franchise to occupy municipal rights of way to provide electric service.
City Attorney Danielle summarized the agreement and flagged two finance-related provisions:…
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