FMPA Weekly
A weekly e-newsletter for FMPA members
Sept. 14, 2015
LAST WEEK
Stock Island Generating Facility
Frank Gaffney and David Schumann traveled last Tuesday to Key West for a quarterly operating committee meeting with Stock Island Generating Facility staff.
THIS WEEK
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee meets Thursday at 8:30 a.m. in the Board room to discuss the approval of regulatory assets and liabilities. The Committee will also discuss information items, including: 1) fuels market update, 2) annual Information Technology updates, 3) Protiviti and Presidio re-assessments, 4) Florida Municipal Power Pool transmission update, and 5) Risk Management Policy reviews. 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 9:30 a.m. to discuss: 1) approval to discontinue publishing legal notices in the Orlando Sentinel for Board meetings, 2) approval of FMPA’s disaster recovery site, 3) approval to periodically evaluate employee benefits, 4) approval of fiscal 2015 Stanton Project budget amendment, and 5) approval of fiscal 2015 Tri-City Project budget amendment. 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 a.m. or immediately following the Board of Directors. The Committee will discuss: 1) approval of follow-up response to Auditor General finding No. 2 — natural gas supply agency participation procedure/policy, 2) approval to periodically evaluate employee benefits, 3) approval for expansion of FMPA’s disaster recovery site, and 4) approval of peak shaving monitoring and corrective action procedure. The full agenda package is available on the Member Portal. Contact: Nick Guarriello
Meter Tech Roundtable
Friday is the deadline to http://fmpa.com/event/meter-tech-roundtable-september-24-2015/>
APPA Business and Financial Conference
Mark Larson and Rich Popp are in New Orleans, La., today through Wednesday attending the American Public Power Association’s (APPA) Business and Financial Conference. The conference is designed for utility professionals in the areas of accounting and finance, customer accounting and services, human resources and training, information technology, and pricing and market analysis. Discussion topics will include effective and efficient inteal controls, innovative rate designs, financial forecasting and more.
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. 13. Contact: Jim Atz
Special Dates
Congratulations to Kurian Varghese, who celebrates one year with FMPA on Tuesday, Sept. 15.
Congratulations to Nick Guarriello, who celebrates six years with FMPA on Wednesday, Sept. 16. Nick also served as interim general manager and was a consultant to FMPA since the Agency’s inception.
COMING UP
Communicators Roundtable
FMPA’s Public Relations Department and the Florida Municipal Electric Association will host a Communicators Roundtable on Sept. 25 at 10 a.m. at FMPA’s Orlando office. The roundtable provides a forum for utility communicators to discuss issues common to communications and marketing departments at public power utilities. The roundtable is free, and lunch will be provided. http://fmpa.com/event/communicators-roundtable/>
Policy Makers Liaisons Committee
FMPA’s Policy Makers Liaisons Committee will meet Oct. 21 at 1 p.m. in the first-floor conference room. Lunch will be provided at noon. Contact: Mark McCain
INDUSTRY NEWS
Emera to Acquire TECO Energy
Canadian-based utility Emera Inc. reached an agreement on Sept. 4 to acquire TECO Energy in an all-cash deal worth $10.4 billion. The purchase price includes the assumption of approximately $3.9 billion of debt. The agreement comes less than two months after TECO confirmed rumors that it was considering strategic options, including a sale. Emera owns electric generation, transmission and distribution operations, and also provides gas transmission and utility energy services. It operates in Nova Scotia, Maine and the Caribbean. The transaction is expected to close by mid-2016 and is subject to regulatory approvals.
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 Nathalia Romano 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 Nathalia Romano
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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