FMPA Weekly
A weekly e-newsletter for FMPA members
Jan. 3, 2011
LAST WEEK
Quincy Power Sales Begins
FMPA’s All-Requirements Project began supply wholesale power to the city of Quincy on Jan. 1 as planned. Quincy selected FMPA as its wholesale supplier over four other potential providers in a competitive bidding process. FMPA is supplying full-requirements service of approximately 23 megawatts for a five-year term. Serving the power supply needs of other municipal electric utilities, like Quincy, is an opportunity for the All-Requirements Project to optimize its generating capacity resources as part of FMPA’s strategic plan to lower wholesale electric costs. Contact: Tom Reedy
10-Year Transmission Plan
The Compliance Department completed its annual assessment and update to the 10-Year Transmission Plan. The assessment of the bulk electric system within the planning area of FMPA and its members is needed to ensure members receive power in an efficient, reliable manner in compliance with NERC standards. Contact: Frank Gaffney
THIS WEEK
ARP Telephonic Rate Workshop
All-Requirements Project participants meet via conference call Friday at 10 a.m. for the monthly rate workshop call. The agenda includes: 1) an update on natural gas markets and liquidity, 2) an overview of December loads, costs and rate calculations, and 3) estimated rates for January through March. Contact: Jim Atz
Professional Development Hours for Engineers
FMPA has extended its online training program on rules and laws for Florida engineers. Several people have already taken advantage of this opportunity and agree it is a cost-effective and convenient way to ea professional development credits. The online course provides professional development hours for professional engineers. Contact Mike Siefert to sign up.
All-Requirements Project Load
The All-Requirements Project’s peak for the month of December was 1,259 megawatts, which occurred Dec. 14 between 7 and 8 a.m. Load factor is a measurement that compares the ratio of actual energy (MWh) used during a particular time period versus what would have been consumed if demand was at peak for the entire period. A higher load factor indicates more effective system utilization. The load factor for the All-Requirements Project for the month of December was 56%. The month’s peak was 138% of the budgeted peak, and energy was 116% of budget. A graph showing the All-Requirements Project hourly load for the month of December is available on the Member Portal. Contact: Jim Atz
Special Dates
Congratulations to Chris Gowder, who celebrates 10 years with FMPA on Sunday, Jan. 9.
COMING UP
ARP Business Model Working Group
The All-Requirements Project Business Model Working Group (BMWG) meets Monday, Jan. 10 at 10 a.m. in the Board room. The BMWG will discuss alteative fixed cost allocators and demand rate structure alteatives. Contact: Nick Guarriello
Audit and Risk Oversight Committee
FMPA’s Audit and Risk Oversight Committee (AROC) meets Wednesday, Jan. 26 at 10 a.m. in the Board Room. Contact: Rich Popp
Policy Makers Liaisons Committee
FMPA’s Policy Makers Liaisons Committee meets Wednesday, Jan. 26 at 2 p.m. in FMPA’s Orlando office. Contact: Mark McCain
Board of Directors
FMPA’s Board of Directors meets Thursday, Jan. 27 in the Board room at 9 a.m. Contact: Nick Guarriello
ARP Executive Committee
The ARP Executive Committee meets Thursday, Jan. 27 in the Board room at 9:30 a.m. or immediately following the Board of Directors meeting. Contact: Nick Guarriello
INDUSTRY NEWS
Scott’s Jobs Push Could Raise Electric Rates
Consumer groups fear that Goveor-elect Rick Scott’s campaign promise to save businesses $3.2 billion on electric bills means the plan will push higher costs on residential customers. Scott’s political advisors are reportedly floating the idea of an “economic development rate for corporations that agree to relocate to Florida or expand business within the state. The level of utility cost savings reportedly would be tied to job creation. According to news reports, Scott’s Communication Director Brian Burgess would not comment on the rate plan, but utility officials briefed by members of Scott’s economic development transition team say the proposal is designed to help Scott reach a key campaign promise of creating 700,000 jobs in seven years. It also would help Scott meet a campaign pledge to “address Florida’s relatively expensive electricity costs so businesses could save approximately $3.25 billion, part of Scott’s regulatory reform agenda.
FMPA Weekly is published by FMPA’s Public Relations Department for all employees of the Agency. Questions or comments about this newsletter may be directed to Ryan Dumas or Lance Larsson.
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