FMPA Weekly
A weekly e-newsletter for FMPA members
Jan. 24, 2011
LAST WEEK
FMPA Protests PEF Filing
FMPA filed a protest last Thursday in response to Progress Energy Florida’s recent filing to change the depreciation rates used to calculate formula-based wholesale transmission rates. FMPA’s Planning Department will continue to discuss the issue with Progress Energy in coming weeks. Contact: Michele Jackson
Electric Cities of Georgia
Mike Siefert and representatives from Electric Cities of Georgia (ECG) have been meeting with FMPA’s members to discuss the new services that are available through FMPA’s alliance membership in ECG. FMPA’s Board of Directors approved the membership in December.
Fiscal Year 2010 Audit Report
FMPA’s fiscal year 2010 Audit Report was recently completed. Auditors from Purvis Gray and Company will present the report to FMPA’s Audit and Risk Oversight Committee, Board of Directors and Executive Committee this week. Contact: Rick Minch
THIS WEEK
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee meets Wednesday in the Board room at 10 a.m. The committee will discuss action items including: 1) an accounts payable processes review report, and 2) a risk review and recommendation of the financial audit report for fiscal year 2010. The full agenda package is available on the Member Portal.
Policy Makers Liaisons Committee
The Policy Makers Liaisons Committee meets Wednesday in the first-floor conference room at 2 p.m. The committee will hear an electric utility industry outlook for 2011, discuss federal legislative issues related to electric utilities, and have a round table discussion on electric issues facing their city. The full agenda package is available on the Member Portal.
Board of Directors
FMPA’s Board of Directors meets Thursday in the Board room at 9 a.m. The Board will consider action items including: 1) authorization of APPA PowerPAC to contact FMPA board members and staff, and 2) approval of the financial audit report for fiscal year 2010. The full agenda package is available on the Member Portal.
ARP Executive Committee
The All-Requirements Project Executive Committee meets Thursday in the Board room at 9:30 a.m. or immediately following the Board of Directors meeting. The meeting’s action items include: 1) approval of a feed-in tariff, and 2) approval of the financial audit report for fiscal year 2010. The full agenda package is available on the Member Portal.
All-Requirements Project Load
The weekly update of the All-Requirements Project historical load graph has been posted on the Member Portal. The graph is updated through Jan. 23. Contact: Jim Atz
Special Dates
Congratulations to Susan Schumann, who celebrates 13 years with FMPA on Wednesday, Jan. 26
Congratulations to Frank Gaffney, who celebrates two years with FMPA on Friday, Jan. 28.
Congratulations to Jim Atz, who celebrates four years with FMPA on Saturday, Jan. 29.
COMING UP
Cane Island Unit 4
Construction at Cane Island Unit 4 remains on schedule with several noteworthy milestones approaching. The unit’s first fire and steam blow are currently scheduled in early February. Contact: Jim Hay
INDUSTRY NEWS
Brower Promoted to Ocala City Manager
Ocala Assistant City Manager of Utilities Matt Brower will be the city’s next city manager. The City Council voted last Tuesday to promote Brower to the position being vacated by City Manager Ricky Horst, who is leaving Feb. 1 to take a similar position in Rocklin, Calif. Prior to coming to Ocala, Brower was city manager in Santa Clara City, Utah, when he was hired by Horst in 2008 to head Ocala’s utilities.
RTOs Cost Consumers $1 Billion a Month
Regional transmission organizations (RTOs) are costing consumers approximately $1 billion a month, Robert McCullough of McCullough Research said Jan. 13 at an American Public Power Association symposium on RTO market reform. McCullough conducted an analysis of data from all 50 states for 1996 through 2010 and found that while much of the cost of RTOs comes from overall cost increases, the largest impact appears to be a high response to natural gas price hikes. “The system is just too complicated to work, he said. McCullough offered three suggestions for improving RTO-run markets: 1) making bids and bidders public, 2) establishing public competition, and 3) measuring the damage by comparing prices in RTO states with prices in non-RTO states.
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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