OrdinanceWatch

County: Okaloosa   City: Crestview

Date Created: 03/24/25
Last updated:04/28/25

Crestview, FL to Consider Ordinance Granting Electric Franchise to Choctawhatchee Electric Cooperative
This ordinance is a new franchise, for a term of 10 years with two five-year renewals. The purpose of having two renewals is because the development of technology is driving rapid change in the legacy electrical distribution industry, and it may make sense to revisit terms, conditions or rates prior to the end of a 20 year agreement that would not necessarily require a new franchise to be considered. The City will receive 6% of gross revenue derived from this franchise agreement, commencing in January, 2025 which is the second month after planned adoption of this ordinance in November. If CHELCO pays a higher franchise fee to any other unit of government, the rate paid to the City of Crestview will adjust to equal the highest rate paid by CHELCO.

Issue History

04/28/25  The Council will hold second reading at the 4/28/25 meeting.

03/24/25  The Council will hold first reading at the 3/24/25 meeting.

Related Documents

4/28/25 Background
4/28/25 Meeting Agenda
3/24/25 Background
3/24/25 Meeting Agenda