FMPA Weekly
A weekly e-newsletter for FMPA members
Sept. 22, 2014
LAST WEEK
ARP Executive Committee
The ARP Executive Committee met last Thursday and approved a fiscal 2014 budget amendment for the All-Requirements Project. The Executive Committee also approved changes in the authorization to automatically terminate Taylor Swaps. The Committee changed the authorization from net zero cost to $5 million gross per swap contract. The Executive Committee also said if the gross termination per swap is within $7 million, the Committee would like to hold a special called meeting to discuss termination. In addition, the staff was directed to make changes to the line of credit clarifying that funds can be used for swap terminations and that staff email the Executive Committee a weekly update on the swap termination cost. Contact: Nick Guarriello
PGP Audit Committee
The Audit Committee of Public Gas Partners (PGP) met last Wednesday via conference call and approved PGP’s fiscal 2014 financial statements. Contact: Mark Larson
THIS WEEK
Member Services Advisory Committee
FMPA’s Member Services Advisory Committee (MSAC) meets Wednesday at 10 a.m. via conference call to discuss the approval of FMPA’s Meter Technician Apprentice Program. The Committee also will discuss information items, including: 1) action items for the Agency’s strategic plan, 2) Energy Depot program renewal, and 3) pole attachment program update. The full agenda package is available on the Member Portal. Contact: Sharon Smeenk
Lineman’s Roundtable
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 Sept. 21. Contact: Jim Atz
Special Dates
Congratulations to Mark Larson, who celebrates 12 years with FMPA on Thursday, Sept. 25.
COMING UP
Public Power Week
Public power utilities nationwide will celebrate Public Power Week on Oct. 5 through Oct. 11. This annual event is a great time for local utilities to reach out to citizens in their communities to communicate the unique benefits of public power. The websitehttp://www.homepoweradvantage.com/>website; from FMPA and the Florida Municipal Electric Association is also a great tool. Visit APPA’s http://www.publicpower.org/Programs/interiordetail2col.cfm?ItemNumber=38631&navItemNumber=38632>website; for celebration ideas.
FMEA Energy Connections Conference
The hotel registration deadline for the Florida Municipal Electric Association’s (FMEA) Energy Connections Conference has been extended to Friday. This year’s conference is scheduled for Oct. 9 and Oct. 10 at the Florida Hotel and Conference Center in Orlando. The two-day conference will include sessions on electric utility industry trends, emerging technologies, smart-phone apps for electric utilities, customer service satisfaction and more. Visit Registrationhttp://www.fmpa.com/index.php/component/registrationpro/?view=event&did=59>Registration; is requested by Oct. 8. Contact: Sharon Samuels
INDUSTRY NEWS
EPA Extends Comment Period on Climate Rule
The Environmental Protection Agency (EPA) extended the comment period for its proposed rule to reduce carbon dioxide emissions from existing power plants by 45 days to Dec. 1, 2014. The initial deadline for comments was Oct. 16, but the agency received requests to extend the deadline due to the complexity of the proposal, volume of technical documents, amount of coordination required, and magnitude of energy impacts. The proposed rule would require existing fossil-fueled power plants in Florida to reduce carbon dioxide emissions 38% by 2030. A final rule is currently scheduled to be issued in June 2015.
PSC Approves Base Rate Increase for FPU
The Florida Public Service Commission (PSC) approved last Monday a joint stipulation and settlement agreement for Florida Public Utilities (FPU) to increase base rates beginning Nov. 1. The agreement allows for a $3.75 million base rate increase, which is $2.02 million less than the original request, and sets a retu on equity of 10.2%. The monthly bill for a typical FPU residential customer using 1,000 kWh will increase $2.07. The agreement includes a two-tier energy charge for residential customers with a higher charge for usage above 1,000 kWh. The agreement will be in effect through December 2016.
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 Christin Senior 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 Christin Senior
Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
http://www.fmpa.com>www.fmpa.com
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