FMPA Weekly
A weekly e-newsletter for FMPA members
Oct. 21, 2013
LAST WEEK
Policy Makers Liaisons Committee
FMPA’s Policy Makers Liaisons Committee met last Wednesday and discussed information items including: 1) member services bids, 2) FMPA’s strategic planning workshops, 3) potential state legislative issues related to electric utilities, 4) the Registrationhttp://fmpa.com/index.php/component/registrationpro/?view=event&did=22>Registration; is requested, and lunch will be provided. Contact: Sharon Samuels
November Goveing Board Meetings
FMPA’s goveing board meetings scheduled for November have been canceled. The Board of Directors and ARP Executive Committee are next scheduled to meet on Dec. 12 in Orlando. The Florida Municipal Electric Association’s Board of Directors will also meet Dec. 12 at FMPA’s Orlando offices. Contact: Nick Guarriello
INDUSTRY NEWS
PSC Approves Duke Nuclear Settlement
The Florida Public Service Commission approved a multibillion-dollar settlement with Duke Energy last Thursday regarding $5 billion in costs associated with the closed Crystal River nuclear power plant and the canceled Levy County nuclear power plant. Under the settlement, customers will pay up to $3.2 billion of the costs. Insurance will cover $835 million of the expenses, and Duke shareholders will pay the rest. Residential customers using 1,000 kWh per month will pay $5.62 starting in January, an increase of 89 cents. The charge could increase between 2015 and 2019, depending on additional costs associated with Crystal River. Duke expects to collect all it needs for the Levy County project by 2018.
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
Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
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