City of Niceville Agenda 2026-05-12
30-Year Electric Franchise Approved with FPL
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Description
The City of Niceville approved a 30-year franchise agreement with Florida Power & Light Company (FPL) for the provision of electric utility services within city limits. The ordinance ensures franchise fee continuity, enhanced legal protections for the city, and flexibility for future renewable energy initiatives.
Contract Details
Vendor
FLORIDA POWER & LIGHT COMPANY
Agency
City of Niceville, FL
Contract Type
UTILITIES
Document Date
May 12, 2026
Contract Term
30 years from May 2026
Renewal Date
2056-05-01
Renewal Info
This replaces the expiring 1996 Gulf Power 30-year franchise; new franchise runs until May 2056; includes most-favored-nations and competitive provisions for future amendments or termination.
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