Hi all!
Like many, I'm new to the forums but have been listening to the podcasts for quite some time. Something of interest came up in a Florida market I thought some of you may be interested in. A state/nationwide electric utility (Florida Power and Light) is trying to acquire a municipal utility in Vero Beach, FL. I'm not trying to hide any details, I just want to learn how some others may take action on this information. Some questions I have:
Does a large and successful company moving into a regulated utility market drive land/home value up, and how fast?
I suspect it won't add nor remove any jobs from the local market (maybe +- 5% of the jobs in the specific business) so I'm not sure how much the market will be impacted, but the power quality and reliability will undoubtedly go up over time possibly making for a good buy-and-hold action.
I may be of additional help because of my background in electric utilities as an electrical engineer, so if you have any questions for me please feel free to reach out. Sorry I don't have a photo or anything fancy yet, but I promise I'm a real person with equally real goals!
My best,
Austin
