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LE Content Manager 2
LE Content Manager 2
LE Content Manager 2's Blog

Power's Out?

POWER'S OUT, NOW WHAT?

Woman looking at her phone

Power’s out, now what? You can make losing power much less of an inconvenience by being prepared. It’s not just powerful hurricanes that leave us in the dark. If you read last month’s blog, you learned strong thunderstorms, animals, and car accidents, among other things, can leave us in the dark. The first thing everyone wants to know during a power outage is “How long is the power going to be out? A few hours, a few days or a couple of weeks?“

Stay informed when the lights go out.

When your power goes out, you want to know when you can expect to have it back on. Our mobile-friendly text notifications provide up-to-date information about current outages — including estimated restoration times as soon as we know them and our interactive outage map of outage areas. If you are not your registered and would like to register text REG to 21592. You can also get outage information on a specific outage by texting STAT to 21592. Message and data rates may apply. Stay informed by checking our outage map.


LE and TECO Improve Reliability

Lakeland Electric, in conjunction with Tampa Electric (TECO), have helped to improve electrical service in Polk City by connecting their grids. The new setup connects TECO distribution lines with Lakeland Electric, providing a redundant connection for powering customer’s homes and businesses in Polk City. Officials from Lakeland Electric, TECO, and Polk City held a ribbon-cutting ceremony to officially open the new facility.

We are pleased to be able to create a solution for our Polk City Customers and we greatly appreciate Tampa Electric being a partner,” said Joel Ivy, General Manager of Lakeland Electric. “This new connection improves the reliability of our Polk City grid and will help speed the process of restoring power in the case of a natural disaster.”

Prior to this new connection, Polk City was served by a single distribution line. This made the area vulnerable to power outages if something happened to the line. During Hurricane Irma, the distribution line to Polk City was severely damaged in several areas. The line had to be completely repaired before power could be restored. This new connection gives Lakeland Electric additional options for restoring power. By using switches, the power company can now restore electricity quickly to parts of Polk City at the same time they are repairing damage.

L E and TECO officials at ribbon cutting ceremony
Photo Caption: Officials from Lakeland Electric, Tampa Electric (TECO) and Polk City hold a ribbon-cutting at a new connection in Polk City. Left to Right: Phuong Tran, Manager of System Planning of Lakeland Electric; Scott Bishop, Manager of System Operations of Lakeland Electric; Scott Fowler, Manager of Substation Operations of Lakeland Electric; Dwayne Goosetree, Transmission and Delivery Manager; Joe Childs, City of Lakeland Utility Committee Member; Joel Ivy, General Manager of Lakeland Electric; Joe LaCascia, Mayor of Polk City; Gerry Chasse, Vice President – Electric Delivery of TECO; Joey Curry, Assistant General Manager – Energy Delivery of Lakeland Electric; Wayne Harper, Polk City Commissioner; A. Jones, Project Manager of TECO.


Jeff Curry AGM  of Energy Delivery
Photo Caption: Joey Curry, Assistant General Manager – Energy Delivery, Lakeland Electric, speaks at the ribbon-cutting.


Polk City Mayor Joe LaCascia
Photo Caption: Polk City Mayor, Joe LaCascia, speaks at the ribbon-cutting ceremony.



New and Improved Kiosk Coming Soon!

Lakeland Electric’s Express Pay Kiosks will be removed for scheduled replacement starting on 08/23/2019 and will return to service on or before 08/30/2019.

The scheduled replacement will impact all four Kiosk locations:


Lakeland Electric’s Express Pay Kiosks will be removed for scheduled replacement starting on 08/23/2019 and will return to service on or before 08/30/2019.


2019 Fitch Ratings

FITCH UPGRADES LAKELAND ELECTRIC FINANCIAL RATING

Lakeland, Fla., July 16, 2019 - Fitch Ratings has upgraded the financial rating of Lakeland Electric revenue bonds to AA from AA-. In their commentary, Fitch cited Lakeland Electric’s improved financial performance and continued deleveraging. They also commented upon Lakeland Electric’s strong operating risk profile, reflecting its low-cost burden associated with owned-generating assets and access to the Florida Municipal Power Pool. Lakeland Electric’s diversified customer base, affordable rates and solid credit metrics also contributed to the upgrade. .

“I am extremely proud of the hard work of our dedicated Lakeland Electric employees,” said Joel Ivy, General Manager of Lakeland Electric. “This rating demonstrates their accomplishments in fulfilling our mission of being dependable, reliable, and sustainable.”

In addition to Fitch’s AA rating, Lakeland Electric is also rated as Aa3 by Moody’s Investor Service and AA by Standard and Poors. Bond and credit ratings are a key indicator of the financial health of an organization.

2019 Fitch Ratings link