Reedy Creek Energy Services

Last updated
Reedy Creek Energy Services
Company typeSubsidiary
IndustryEnergy
Founded1971
Area served
Walt Disney World
Key people
Christine Ferraro, Director
Owner Disney Parks, Experiences and Products
(The Walt Disney Company)
Parent The Walt Disney Company
Website www.oversightdistrict.org

Reedy Creek Energy Services (RCES) is a wholly owned subsidiary of The Walt Disney Company. It operates the electric and other utility transmission and distribution systems of the Central Florida Tourism Oversight District (CFTOD) on behalf of the district which specifically covers Walt Disney World outside Orlando, Florida. Some power is produced by the district-owned power plant north of the Magic Kingdom with the remainder purchased from the public power grid. [1] [2] Officially the utility systems are owned by the district entity itself and the district "contracts" with RCES to operate the systems.

Contents

In addition to electric power, RCES handles all public services and public works for the CFTOD including water, natural gas, roadway maintenance, waste and recycling, sewage and wastewater treatment. [3]

RCES is currently Disney's only non-entertainment-related subsidiary. Until 2001, Disney and Sprint owned Vista-United Telecommunications, a telephone company that served the CFTOD. That company has since been sold to Smart City Telecom.

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References

  1. "'Imagineering' Bulk Power Delivery Tampa Electric interconnects with Reedy Creek Improvement District to supply power to Walt Disney World". T&D World. July 1, 2001. Retrieved 28 February 2021.
  2. "Fitch Places Reedy Creek Improvement District's Utilities Rev Bonds on Rating Watch Negative". Fitch Ratings. Retrieved 28 February 2021.
  3. "Disney Engineering: Role Spotlight - Reedy Creek Energy Services". YouTube. Disney Careers. Archived from the original on 2021-12-21. Retrieved 27 February 2021.