Author Archive

FMPA Weekly | August 22, 2022 | Member Edition

The average billed demand and energy cost for the All-Requirements Project in July was $96.36 per megawatt hour, down nearly 10% from June and the first time under $100 since April.

FMPA Weekly | August 15, 2022 | Member Edition

FMPA’s Board of Directors and Executive Committee meet on Thursday at FMPA’s Orlando office.

FMPA Weekly | August 8, 2022 | Member Edition

The Reedy Creek Improvement District recently approved an extension of a natural gas tolling agreement with FMPA for energy delivery of 53 MW through the end of 2024.

FMPA Weekly | August 1, 2022 | Member Edition

FMPA and the Florida Municipal Electric Association kick off a month-long social media campaign on Monday to recognize Florida’s public power lineworkers.

FMPA Weekly | July 25, 2022 | Member Edition

FMPA’s independent external auditor, Purvis, Gray and Company, were at FMPA’s Orlando office last week to conduct an interim audit for fiscal 2022.

FMPA Weekly | July 18, 2022 | Member Edition

FMPA’s Executive Committee updated its natural gas price risk strategy for the next eight months to provide more stability and better predictability in power costs for customers.

FMPA Weekly | July 11, 2022 | Member Edition

The Executive Committee met last Thursday and approved the use of an additional $25 million from the 2021B bond proceeds to cover margin calls and deferred bond repayment from June to July.

FMPA Weekly | July 5, 2022 | Member Edition

The ARP Executive Committee meets on Thursday at 2 p.m. via Microsoft Teams for a special-called meeting to discuss increasing the margin call limit of $25 million.

FMPA Weekly | June 27, 2022 | Member Edition

The All-Requirements Project (ARP) set a new summer peak demand of 1,311 MW on June 16, exceeding the previous record of 1,294 MW set in 2021 for the 13 project participants.

FMPA Weekly | June 20, 2022 | Member Edition

The ARP Executive Committee met last Tuesday and approved a fixed-price natural gas strategy with Florida Gas Utility to manage future price risks.