FMPA Weekly | Oct. 3, 2022 | Member Edition

 

Oct. 3, 2022

TOP NEWS 

Hurricane Ian Power Restoration and Recovery
Hurricane Ian made landfall last Wednesday near Fort Meyers, devastating communities along Florida’s southwest coast and in other parts of the state. The powerful Category 4 hurricane is one of the strongest storms ever to hit the U.S. It brought heavy rain that flooded homes and roads and knocked out power to 2.67 million customers. Twenty-two of Florida’s 33 public power utilities were impacted. FMPA’s power plants fared well during the storm, and staff have been supporting the Florida Municipal Electric Association and our members with power restoration efforts. Team members have supported Bartow, Fort Meade, Moore Haven and New Smyrna Beach and continue to help as a small percentage of public power customers are still without power, due to extensive flooding and damage.

Public Power Week
Municipal electric utilities across the nation are celebrating Public Power Week this week to share the value of public power in their communities. Follow FMPA on Facebook and Twitter to see how its members are celebrating the annual event. 

Pooled Loan Closing
FMPA closed on a three-year, $15 million loan with First Horizon Bank last Friday to provide the All-Requirements Project with additional liquidity to support operating cash management and its price risk management strategy. Funds were made available last Friday. 

Executive Committee
The ARP Executive Committee’s special-called meeting originally scheduled for last Thursday has been rescheduled for Wednesday at 9 a.m. via Microsoft Teams. The committee will discuss its natural gas price risk strategy. The full agenda package is available on the Portal. Contact: Jacob Williams 

SPECIAL DATES

Anniversaries
Matthew Nichols | Oct. 1 | 8 Years

Veda Sharma | Oct. 5 | 2 Years
Jody Finklea | Oct. 8 | 21 Years
Jaye Godin | Oct. 8 | 10 Years

COMING UP

94th Annual SEMA Short Course and Conference
Oct. 31 – Nov. 2 | Orlando, Fla. 

FMEA Energy Connections Conference & Trade Show
Nov. 2 – Nov. 3 | Orlando, Fla.

TOP INDUSTRY NEWS

Over 590,000 Still Without Power in Florida After Hurricane Ian