HomeMy WebLinkAbout2021 02 08 Consent 300 - Streetlight Reimbursement Rate • CONSENT AGENDA ITEM 300
n, CITY COMMISSION AGENDA I FEBRUARY 8, 2021 REGULAR MEETING
1959
TITLE
Streetlight Reimbursement Rate
SUMMARY
The City's streetlights are leased from Duke Energy at a flat rate. The adopted
City standard streetlight consists of one 30/35' concrete pole attached to one
high pressure sodium 100 watt cobra fixture. The fuel and energy cost for a
standard streetlight is revised annually by Duke Energy and used to calculate
a base streetlight rate for quarterly reimbursement to the homeowner's
associations (HOAs) that have a Neighborhood Street Sign and Light
Improvement Agreement (NSSLIA) with the City. These HOAs have decorative
streetlights and are reimbursed by the City for the base rate. The HOA pays
the difference between the base rate and the cost of the decorative lighting.
The reimbursement rate for the TLBD is less than the rate for other
participating communities because the TLBD utility account is under the name
of the City of Winter Springs. Therefore, they are not charged municipal utility
tax by Duke Energy. Consequently, they are not reimbursed for the municipal
utility tax.
Currently, participating are TLBD (636 streetlights) and the communities
below.
1 . Winding Hollow - 144 lights
2. Glen Eagle - 117 lights
3. Stone Gable - 28 lights
4. Moss Cove - 6 lights
5.Jesup's Reserve - 38 lights
6. Mt. Greenwood - 28 lights
7. The Highlands - 90 lights
8. Winter Springs Village - 87 lights
9. Amberly - 11 lights
10.Jesup's Landing - 46 lights
11 . Seven Oaks - 36 lights
12. Integra 360 - 20 lights
13. The Blake - 36 lights
14. Tuskawilla Crossings - 150 lights (estimated)
1
In January of each year, Duke Energy makes available to the City a revised rate
schedule for street lighting that will become effective January 1 of that
calendar year. Based on Duke Energy rates effective January 1, 2021, the City
standard streetlight base rate should be adjusted from $13.70 to $13.37 per
light/per month for all communities excluding the TLBD. The TLBD rate should
be adjusted from $13.52 to $13.19 per light per month as the TLBD does not
currently pay municipal utility tax and is therefore not reimbursed for said
tax. Consideration of the rate revision alone would, at full capacity, result in
an decreased cost to the City of approximately $5,800 annually.
RECOMMENDATION
Staff recommends the City Commission approve a $0.33 decrease to the 2021
streetlight reimbursement rates, bringing the rate for TLBD to $13.19 and
$13.37 for the other communities with decorative streetlights. The decrease is
in accordance with the revised rate schedule from Duke Energy, effective
January 1, 2021.
2
Duke Energy Reimbursement Rate for past 12 years
$14.20
$14.00
°'D $13.80
M
fy
Q)
Q) $13.60
ru
m
$13.40
$13.20
$13.00
2010 2011 2012 2013 2014 2016 2016 2017 2018 2019 2020 2021
Calendar year
3