A weekly e-newsletter for FMPA members
Jan. 20, 2015
Public Gas Partners
Public Gas Partners met last Tuesday via conference call to provide members with status updates on its projects. Contact: Mark Larson
FMPA’s Finance Department met last Tuesday to discuss the fiscal 2016 budget calendar. The fiscal 2016 Agency budget is tentatively scheduled to kick-off in mid-February. Contact: Mark Larson
Policy Makers Liaisons Committee
FMPA’s Policy Makers Liaisons Committee meets Wednesday at 1 p.m. in the first-floor conference room to discuss information item, including: 1) FMPA Member Services update, 2) state and federal legislative issues related to electric utilities, 3) Contract Rate of Delivery, and 4) important electric issues in members’ communities. Lunch will be provided at noon. The full agenda package is available on the Member Portal. Contact: Mark McCain
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee meets Thursday at 9 a.m. in the Board room to discuss action items, including: 1) approval of FMPA’s fiscal 2014 annual audited financial report, and 2) approval of Wells Fargo and Bank of America term sheet for interim financing of possible Taylor Swaps termination costs. The full agenda package is available on the Member Portal. Contact: Rich Popp
Board of Directors
FMPA’s Board of Directors meets Thursday in the Board room at 10 a.m. or immediately following the Audit and Risk Oversight Committee. The Board will discuss the approval of FMPA’s fiscal 2014 annual audited financial report. The full agenda package is available on the Member Portal. Contact: Nick Guarriello
ARP Executive Committee
The ARP Executive Committee meets Thursday in the Board room at 10:30 a.m. or immediately following the Board of Directors meeting. The Committee will discuss action items, including: 1) approval of FMPA’s fiscal 2014 annual audited financial report, and 2) approval of Wells Fargo and Bank of America term sheet for interim financing of possible Taylor Swaps termination costs. The full agenda package is available on the Member Portal. Contact: Nick Guarriello
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 Jan. 19. Contact: Jim Atz
Congratulations to Carl Tuer, who celebrates one year with FMPA on Tuesday, Jan. 20.
Congratulations to Hector Mesa, who celebrates seven years with FMPA on Wednesday, Jan. 21.
Distribution Reliability Roundtable
FMPA will host a Distribution Reliability Roundtable on March 26 at 10 a.m. at FMPA’s Orlando office. The roundtable provides a forum for participants to discuss topics including: reporting process, definitions and interpretations, best practices and more. Attendance is free, and lunch will be provided. http://fmpa.com/event/distribution-reliability-measurement-program-roundtable/> style=font-family: ‘Georgia’,’serif’; color: windowtext;>Registration is requested. Contact: Sharon Smeenk
FMPA will host a Substation Training series at FMPA’s Orlando office, beginning April 7. The series will include four, two-day training sessions that focus on substation safety, inspection, testing and maintenance. Session one is scheduled for April 7 and April 8 and will discuss substation safety awareness basics. Session two is scheduled for Oct. 13 and Oct. 14 and will discuss substation inspection and testing basics. Session three and session four dates will be scheduled at a later date and will discuss substation maintenance and substation protection and theory. Participants can attend the entire series or individual sessions. The cost is $900 per two-day session. http://fmpa.com/event/substation-training-series-session-1-substation-safety-awareness-basics/> style=color: windowtext;>Registration for session one is available on FMPA.com. Contact: Sharon Smeenk
Florida Lineman Competition
The 15th annual Florida Lineman Competition is scheduled for April 17 and April 18 in Tallahassee. FMPA sponsors the top prizes, which pay travel expenses for the top apprentice and top team to attend a national competition. Visit the Florida Municipal Electric Association’s http://publicpower.com/florida-lineman-competition/> style=color: windowtext;>website for registration information.
Wholesale Power Prices Increase 16% in 2014
Wholesale on-peak power prices increased 16% or more in 2014 compared to 2013, according to the U.S. Energy Information Administration (EIA). The EIA said in its Jan. 12 daily report, http://www.eia.gov/todayinenergy/detail.cfm?id=19531> style=font-family: ‘Georgia’,’serif’; color: windowtext;>Today in Energy, that the increase was due largely to increases in spot natural gas prices and by high energy demand caused by cold weather at the end of 2013 and the beginning of 2014. Spot natural gas prices at the Henry Hub averaged $4.38 per MMBtu in 2014, a 17% increase from 2013. Prices at other major trading points increased 16% to 40%. Electricity prices in the Pacific Northwest were the lowest in the nation, increasing only 3%, EIA said. Spot gas prices in New York City reached $120 per MMBtu, an increase of $84. In Boston, spot gas prices reached $78 per MMBtu, an increase of $44. In Chicago, prices reached $34 per MMBtu, an increase of $29. Peak hourly spot electricity prices exceeded $518 per MWh in New England, and $190 per MWh in northe Illinois, EIA said. In January 2014, more than 10 million barrels of petroleum products were used to generate electricity in the United States, the highest amount since February 2007, EIA noted.
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.)
Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
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