FMPA Weekly | Feb. 4, 2013 | Member Edition

FMPA Weekly


A weekly e-newsletter for FMPA members


Feb. 4, 2013





Green Cove Springs Appoints New FMPA Representatives

Green Cove Springs City Council appointed Council Member Robert Page as the city’s representative to FMPA’s Board of Directors and All-Requirements Project Executive Committee. He replaces Electric Utilities Director Gregg Griffin, who accepted a job with the Tennessee Valley Authority. Council Member Ray Braly has been designated as the city’s alteate representative. Contact: Nick Guarriello


Financing Discussions

Members of FMPA’s Finance staff met with Craig Dunlap, FMPA’s financial advisor, last Thursday to discuss refinancing options for the St. Lucie, Stanton, Stanton II and Tri-City projects. They also discussed options for raising funds for Public Gas Partners. Contact: Mark Larson


ARP Conservation Program

The ARP Conservation Program released its first quarter report for fiscal 2013. The report details activity for the quarter, including specific conservation measures offered by each All-Requirements Project (ARP) participant, as well as conservation funds spent. The report indicates that between Oct. 1, 2012, and Dec. 31, 2012, ARP participants spent $195,563 on energy-saving measures for their customers. The conservation measures provided by the member utilities for the fiscal year to date have the potential to save customers more than 852,000 kWh per year and an estimated 6,780 MWh over the useful life of the measures taken. Contact: Sharon Smeenk


All-Requirements Project January Load Statistics

The All-Requirements Project’s peak for January was 775 MW, which occurred Jan. 23 between 7 a.m. and 8 a.m. The project’s load factor for January was 75%. Load factor is a ratio of actual energy (MWh) used during the 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 and results in lower average costs. The month’s peak was 65% of the budgeted peak, and energy was 90% of the budget. A graph showing the All-Requirements Project hourly load for January is available on the Member Portal. Contact: Jim Atz





FERC Order No. 1000

FMPA’s conces with Florida sponsors’ filings to comply with Federal Energy Regulatory Commission’s (FERC) Order No. 1000 received national attention, as highlighted in the January 2013 issue of Public Utilities Fortnightly. The order reforms FERC’s electric transmission planning and cost allocation requirements for public utility transmission providers. The rule builds on the reforms of Order No. 890 and corrects remaining deficiencies with respect to transmission planning processes and cost allocation methods at a regional level. FMPA is seeking a regional planning process that: 1) is proactive and meets consumers’ needs in an effective, cost-efficient manner, 2) is justified by reliability, economics and public policy requirements, 3) includes expedited and transparent selection processes, and 4) is collaborative. FMPA and Seminole Electric Cooperative (SEC) have motioned to reply to the sponsors’ answer to our joint protest of their compliance filing. FMPA and SEC are awaiting a decision from FERC. Contact: Frank Gaffney


FM Global Site Visit

Tim Jackson and David Schumann conduct a site visit of the Stock Island Generating Facility on Tuesday with representatives from FM Global, the property insurance provider for the All-Requirements Project’s power generating units. The purpose of the site visit is for FM Global to perform inspections for the unit’s loss prevention plan and to verify that recommendations from previous visits have been completed.


ARP Telephonic Rate Workshop

The ARP Executive Committee meets Thursday at 1 p.m. via conference call for the monthly All-Requirements Project rate workshop. The agenda includes: 1) an update on natural gas markets, FST and liquidity, 2) an overview of January operations, loads, costs and rate calculations, and 3) estimated rates for February through April. Contact: Jim Atz


All-Requirements Project Weekly Load Statistics

The weekly update of the All-Requirements Project historical load graph has been posted on the Member Portal. The graph is updated through Feb. 3. Contact: Jim Atz





Energy Auditor Training Workshop

FMPA will host an Energy Auditor Training Workshop in the Board room on Feb. 19. The workshop is designed for energy auditors, customer service representatives and utility personnel who provide customers with energy efficiency information. Discussion topics will include building envelope, HVAC, energy auditor tools and energy usage. The cost is $525. Contact: Sharon Samuels


Policy Makers Liaisons Committee

The Policy Makers Liaisons Committee will meet Feb. 20 at 12:30 p.m. in the first-floor conference room. Lunch will be served at noon. Contact: Mark McCain


ARP Executive Committee Workshop

The ARP Executive Committee will host a workshop Feb. 20 at 3 p.m. in the Board room to discuss Taylor interest rate swaps. Participation in the workshop via teleconference and webcast will be available for those unable to attend in person. Contact: Mark Larson


Enterprise Risk Management Strategies Workshop

The Florida Municipal Electric Association (FMEA) will host an Enterprise Risk Management Strategies Workshop on March 20 at FMPA’s Orlando office. The seminar will provide a foundation in enterprise risk management and tools to evaluate the risks that, if left unaddressed, could pose risks to economic viability. Discussion topics will include managing operational risk, labor risk, technology project risk and financial resources. The cost is $50. Visit FMEA’s>website; to register.




FPL Boosts Eaings in 2012

Pointing to uprate projects at some of its power plants, Florida Power & Light (FPL) saw its profit increase 16% last year to $1.24 billion, up from $1.07 billion in 2011, the company said last Tuesday during a conference call with analysts. FPL also saw a rise in its fourth-quarter profit to $256 million in 2012, compared to $216 million in the same year-ago period. FPL’s eaings growth was due to more than $4 billion of investments in power generation. Completed expansions at its St. Lucie nuclear plant and its Turkey Point plant added 395 MW. An additional 120 MW is expected to be added at Turkey Point this spring.



FMPA Weekly is published by FMPA for employees and goveing boards of FMPA member utilities. Questions or comments about this newsletter may be directed to Ryan Dumas or Allison Briggs in FMPA’s Public Relations Department.


Want more background on the names and terms used in this newsletter? Check out FMPA’s Glossary, which features some of the most frequently mentioned committees, companies, places and terms, or contact the person named in each FMPA story to lea more. (Click here for the Staff Directory.)


Have a question, comment or story idea for the newsletter? FMPA welcomes your feedback at any time. Contact: Ryan Dumas or Allison Briggs



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