|
August 18, 2025 |
Bond Transaction
Last Wednesday, FMPA closed on the sale of $208,830,000 in municipal bonds for its All-Requirements Project (ARP) to finance capital projects, refinance existing project debt and tender a portion of Series 2016A Bonds. The sale netted nearly $13.1 million in gross savings. More information is available on FMPA’s website. Contact: Rich Popp
July Rate Calculation
Extreme heat in final week of July resulted in record peak demand (1,413 MW) and third highest monthly energy consumption (691 GWh) for the current 13 ARP cities. The average billed demand and energy cost for FMPA’s All-Requirements Project in July was $58/MWh, which was 13% below the budgeted cost. The all-in rate was $6/MWh lower from prior month projections due to higher energy sales and physical natural gas sales. Total external sales were 8% above budget with higher margin third party sales 44% above budget. The Rate Protection Account balance was fully depleted at the end of July due to drop in curve. The agenda package from the ARP Rate Workshop is available via the Portal. Contact: Denise Fuentes
Finance Committee Meeting
The Finance Committee will meet Wednesday at 2 p.m. The agenda package is available via the Portal. Contact: Rich Popp
Board of Directors Meeting
The Board of Directors will meet Thursday at 9 a.m. The agenda package is available via the Portal. Contact: Jacob Williams
Executive Committee Meeting
The Executive Committee will meet Thursday at 9:15 a.m. The agenda package is available via the Portal. Contact: Jacob Williams
Upcoming Training Deadlines
Registration closes Thursday for two training opportunities next week. This includes the Regional Safety Meeting in Homestead on August 27 and the GIS Roundtable on August 28. Contact: MacKayla Cross
Anniversaries
Greg Fudacz | Aug. 20 | 18 years
Chelsea Dixon | Aug. 22 | 3 years
Alissa Novoa | Aug. 22 | 3 years
Regional Training Series: Developing an Effective Safety Culture – Homestead
Aug. 27 | 10 a.m. – 2:30 p.m. | City of Homestead
GIS Roundtable
Aug. 28 | 10 a.m. – 2 p.m. | FMPA
APPA Business and Financial Conference
Sep. 7-10 | Raleigh, North Carolina
APPA Cybersecurity and Technology Summit
Sep. 7-10 | Raleigh, North Carolina
Interpersonal Supervisory Skills III
Sep. 9-10 | 8:30 a.m. – 3:30 p.m. | FMPA
ARP Rate Workshop
Sep. 11 | 2 p.m. | FMPA
Buddy-to-Boss Training (Hosted by Ocala Electric Utility)
Sep. 11 | 7:30 a.m. – 2:30 p.m. | Ocala Electric Utility
Electrical Metering Lab B
Sep. 15-19 | 8:30 a.m. – 4 p.m. | OUC Engineering Building
Finance Committee Meeting
Sep. 17 | 2 p.m. | FMPA
Regional Training Series: Developing an Effective Safety Culture – Lakeland
Sep. 17 | 10 a.m. – 2:30 p.m. | Lakeland
Board of Directors Meeting
Sep. 18 | 9 a.m. | FMPA
ARP Executive Committee Meeting
Sep. 18 | 9:15 a.m. | FMPA
2025 NERC Compliance 101 Workshop
Sep. 23 | 10 a.m. – 5 p.m. | FMPA
U.S. exported 30% of energy it produced in 2024
DOE announces initial selections for new reactor pilot program
DOE announces actions to secure minerals and materials supply chain
Report: A practical guide inside DOE’s 10-fleet reactor program
_______________________________________________________________________________________________
FMPA Weekly is published by FMPA’s Public Relations Department for staff and members. Questions about this newsletter may be directed to Emily Maag. Check out FMPA’s Glossary, for frequently mentioned terms.