Business owners uncertain as St. Pete-Duke Energy agreement to expire Friday

ST PETERSBURG, Fla. (WFLA) — Whether St. Pete residents will pay Duke Energy or the city for their power is still unclear with the expiration of the city’s agreement coming Friday.

The city and the company are nearing the end of a 30-year franchise agreement on July 31.

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In the meantime, the city is studying whether it’s possible to take over the power itself, but the results of that $600,000 study are expected in seven to eight months.

“The concerns I’ve heard from business owners are really common sense questions about, ‘Why are we spending this money, why are we doing it now? Didn’t we do a study in Clearwater, can’t we use that study?” said Jason Mathis, the CEO of St. Pete Downtown Partnership…

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