New franchise agreement discussions to begin

(June 30, 2016) — Attorneys for the City of Cape Coral have filed a temporary abatement of the City’s Public Service Commission (PSC) complaint relating to LCEC electric service, allowing discussions to begin toward a new franchise agreement.

The move came after several discussions between LCEC Executive Vice President and CEO Dennie Hamilton and the City’s franchise negotiation consultant, Stuart Diamond.

Florida public service commission logoThe City filed a complaint with the PSC in March regarding potential franchise terms before any negotiation had begun. LCEC suggested to Diamond that a temporary suspension of that PSC action would allow for constructive negotiation, and the City subsequently agreed to file for abatement.

“We appreciate the City’s willingness to suspend its PSC complaint so that good-faith negotiation can begin,” said Hamilton. “It has always been our goal to secure an agreement that serves the best interest of all our members.”

The abatement is scheduled to terminate Sunday, July 31, however the City has expressed a willingness to extend it if progress is made on franchise negotiations.

Negotiation sessions have yet to be scheduled, however LCEC and Diamond have agreed to further discussions to outline work schedules and agendas.

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