Leidos will lead a comprehensive review of Lake Apopka Natural Gas District’s (LANGD) rate structure and will provide recommendations to ensure rates remain fair, objective and sufficient to meet long-term revenue requirements.
Leidos, formerly known as RW Beck, was selected today in a vote by the LANGD Board of Directors and is expected to provide rate recommendations in approximately four months, at a cost of $45,000.
A staff evaluation committee reviewed proposals from three firms – Leidos, Daymark Energy Advisors and Public Resources Management Group Inc. – and voted unanimously to rank Leidos as the top choice.
“It’s important for all utility providers to regularly review their rate structures and make changes when warranted to ensure rates are appropriate for all customers,” said Samuel Davis Jr., general manager and CEO of the District. “We look forward to working with Leidos and to reviewing their recommendations with the Board.”
Leidos produced the District’s most recent rate study in 2010. The firm has worked with a number of Florida municipalities, as well as the Okaloosa Gas District, and offers natural gas ratemaking experience in Florida.
Among other things, Leidos is charged with proposing rate structures for all residential and commercial customer classes, as well as natural gas-powered vehicles, based on current and projected future costs, a review of neighboring and similar local distribution companies, and review of industry practice.
Any potential changes to customer rates will be reviewed by the LANGD Board of Directors in a formal public hearing.
Lake Apopka Natural Gas District provides clean, efficient and economical natural gas service to more than 19,000 residential, commercial and industrial customers in Orange and Lake counties. For more information on natural gas service for your home, business or vehicle, please contact the LANGD Marketing Team at (407) 656-2734 x307 or firstname.lastname@example.org, or visit www.langd.org.