FMPA Weekly A weekly e-newsletter for FMPA members Nov. 16, 2009 LAST WEEK Fitch Affirms FMPA Credit Ratings Fitch Ratings announced credit ratings last week for $61 million of revenue bonds for various FMPA projects and affirmed the existing ratings of the Agency’s outstanding power supply debt. FMPA’s All-Requirements, Stanton, Tri-City and […]
FMPA Weekly A weekly e-newsletter for FMPA members Nov. 9, 2009 LAST WEEK Draft Bill to Place FMPA Under PSC Regulation A draft bill in the Florida House of Representatives would place FMPA under regulation by the Florida Public Service Commission. The Florida Municipal Electric Association (FMEA) notified its members of this development […]
FMPA Weekly A weekly e-newsletter for FMPA members Nov. 2, 2009 LAST WEEK Smart Grid Investment Grants President Barack Obama announced last Tuesday the distribution of $3.4 billion in stimulus funding to utilities undertaking Smart Grid projects aimed at promoting green power and reducing electricity bills and blackouts. Congratulations to FMPA member cities […]
FMPA Weekly A weekly e-newsletter for FMPA members Oct. 26, 2009 LAST WEEK Policy Makers Liaisons Committee FMPA’s Policy Makers Liaisons Committee met last Wednesday for presentations on the ARP Business Model Working Group and FMPA’s hedging policy, as well as a roundtable discussion of energy conservation programs. The meeting was attended by […]
FMPA Weekly A weekly e-newsletter for FMPA members October 19, 2009 LAST WEEK Cane Island Unit 4 Cane Island Unit 4 achieved a couple of construction milestones last week. Injection of soil-stabilizing grout was completed last Friday and the installation of stone columns at the site will be finished by the end of […]
FMPA Weekly A weekly e-newsletter for FMPA members October 12 2009 LAST WEEK Progress Energy Settlement FMPA reached an agreement last week with Progress Energy Florida regarding the 2009 OATT annual update to the Formula Transmission Rate. FMPA’s Power Resources Division identified items in Progress Energy’s filing that would have been detrimental to […]
FMPA Weekly A weekly e-newsletter for FMPA members Oct. 5, 2009 LAST WEEK FPL Visit Nick Guarriello and Tom Reedy traveled to the headquarters of Florida Power and Light (FPL) in Juno Beach last Wednesday. They visited with Armando Olivera, FPL’s president, and Sam Forrest, vice president of energy marketing and trading, to […]
FMPA Weekly A weekly e-newsletter for FMPA members September 28, 2009 LAST WEEK Nick Guarriello Becomes Official CEO Nick Guarriello officially became FMPA’s General Manager and CEO on Sept. 16. Nick has more than 30 years of experience in the utility industry, including serving as R.W. Beck’s President and CEO. He had served […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 21, 2009 LAST WEEK General Manager Visits Leesburg Nick Guarriello visited Leesburg last Monday to speak at a City Commission meeting. He updated the Commissioners on the state of the Agency, including rates, the Levy County nuclear project and FMPA’s strategic plan. Request […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 14, 2009 LAST WEEK FMPA Files Brief in Transmission Credits Case FMPA filed a reply brief Sept. 1 with the Court of Appeals for the District of Columbia, the latest development in a long-running case against Florida Power and Light. FMPA’s case attempts to […]