Advantages for Non-Profit, Local Ownership of Public Utilities:
UCNSB provides economic benefits to our customers* (*City of New Smyrna Beach and County of Volusia areas):
- Provides an accessible (available capacity), reliable, and safe supply of water resources and electric services which provides the foundation needed to attract new or expanding businesses to our community.
- Competitive and affordable rates means more dollars available to spend on other goods and services, not only assisting our customers in sustaining their life essential services, but also “boosts” the local economy.
- Local ownership means our customers’ dollars and our employees’ dollars stay in our community, which then creates jobs and supports our local economy.
Comparison Chart for Investor Owned Utilities and Public Municipal Utilities