Established Market Presence Lakeland Electric is a well-established municipal utility serving over 120,000 customers in Florida, positioning itself as a reliable provider with a history spanning more than 110 years. Its status as the third largest publicly owned utility in the state offers a significant customer base and opportunities for expanding energy solutions.
Innovation Initiatives Recent partnerships with Automated Energy Inc. and investments in green infrastructure indicate Lakeland Electric’s focus on renewable energy and smart grid projects, presenting opportunities for technology providers specializing in energy management, automation, and sustainable solutions.
Community Engagement Recognition for community development and programs like the ReEnergize Calendar Contest demonstrate Lakeland Electric’s commitment to energizing and engaging local youth and residents, opening avenues for community-focused campaigns, educational programs, and energy conservation initiatives.
Growth and Development The company is investing in new infrastructure, including a greenfield substation designed by Burns & McDonnell, signaling ongoing expansion and modernization. This creates opportunities for suppliers in construction, electrical equipment, and project management services.
Financial Strength With revenues ranging between one and ten billion dollars, Lakeland Electric exhibits strong financial health, which supports large-scale projects and investments. This stability can be leveraged to propose comprehensive energy solutions, long-term partnerships, and advanced technologies for enhanced operations.