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Largo commissioners weigh staying in Duke Energys Clean Energy Connection amid uncertain payback
Summary
City staff reported the Duke Clean Energy Connection subscription has cost Largo about $152,000 cumulatively (recently revised to ~$135,000), helps meet the Ready for 100 offset target, and is projected to reach net-neutral around program year 12; commissioners asked for the original projections and asked Duke to appear before a vote next year.
City of Largo staff told the commission on Sept. 9 that the city's participation in Duke Energy's Clean Energy Connection (CEC) subscription has helped accelerate progress toward the city's Ready for 100 municipal target but carries financial uncertainty.
Staff presentation: Staff members said Largo enrolled 55% of municipal accounts in the CEC and currently has 11 accounts subscribed. The city has paid a cumulative net of about $152,000 into the CEC since enrollment; staff updated that figure to roughly $135,000 after higher-than-expected August generation. Staff said the subscription model combines a flat per-kilowatt subscription fee with a per‑kWh credit that increases 1.5% annually, and that the program term is 33 years with a…
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