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Board meetings and strategic plans from Michael Dammer's organization
This document announces Lakeland Electric's strategic decision to shutter its coal-powered McIntosh Unit 3 by March 31, 2021, citing declining efficiency and operational risks. It outlines the utility's "NextGen plan" to modernize its power generation portfolio by 2024, which includes adding natural gas-powered engines, increasing solar power, and implementing battery storage. The plan aims to achieve a 67% reduction in carbon emissions since 2001, ensure long-term financial stability with a projected rate increase by 2023, and continue providing affordable, dependable, and sustainable electric power to its customers.
Extracted from official board minutes, strategic plans, and video transcripts.
Decision makers at Lakeland Electric
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