FMPA Weekly A weekly e-newsletter for FMPA members Sept. 19, 2011 LAST WEEK Fort Pierce Commits to All-Requirements Fort Pierce Utilities Authority unanimously decided Sept. 6 to continue its full participation in FMPA’s All-Requirements Project. The Authority Board voted 5-0 to continue purchasing all its power requirements from All-Requirements, rather […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept.12, 2011 LAST WEEK Joint Purchase Project FMPA’s Joint Purchase Project met last Thursday and awarded an extension on the wire and cable bid. The Project members also agreed to extend an invitation to rebid for the insulators award. Contact: Sharon Samuels […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 6, 2011 LAST WEEK Executive Committee Meeting The ARP Executive Committee met last Thursday in a special-called telephonic meeting and approved a waiver of its first right of refusal to acquire Renewable Energy Credits under the Tri-Party Net Metering Agreement for […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 29, 2011 LAST WEEK Audit and Risk Oversight Committee FMPA’s Audit and Risk Oversight Committee met last Monday via conference call with FMPA’s exteal auditing firm, Purvis Gray and Company. The Committee conducted an entrance interview in preparation for the year-end […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 22, 2011 LAST WEEK Credit Ratings Questions and Answers FMPA issued additional information last week about the decision by Moody’s Investors Service on Aug. 9 to change the credit ratings of FMPA’s All-Requirements and Tri-City projects. FMPA’s Public Relations Department published […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 15, 2011 LAST WEEK ARP, Tri-City Credit Ratings Moody’s Investors Service downgraded the credit ratings of two of FMPA’s power supply projects last Tuesday. The All-Requirements Project (ARP) and Tri-City Project revenue bonds were downgraded to A2 from A1 with a […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 8, 2011 LAST WEEK Treasury Software Upgrade FMPA’s Treasury Department completed the upgrade of its workstation software package, Integra-T, last Monday. The software, which was upgraded from version 6.2 to 7.8, is used to interface with banks, manage debt and control […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 1, 2011 LAST WEEK 2011 FMEA-FMPA Annual Conference The future of public power was center stage at the recent 2011 FMEA-FMPA Annual Conference. Topics at the conference ranged from smart grid technology and electric cars to natural gas and the future […]
FMPA Weekly A weekly e-newsletter for FMPA members July 25, 2011 LAST WEEK Santee Cooper, FMPA Enter into Letter of Intent Santee Cooper, which joined with SCE&G and filed an application in 2008 to build two new nuclear reactors at the V.C. Summer Nuclear Generating Station, announced last Friday it […]
FMPA Weekly A weekly e-newsletter for FMPA members July 18, 2011 LAST WEEK Cane Island Unit 4 More than three years of work came to fruition last Tuesday when Cane Island Unit 4 began commercial operation. The natural gas-fired unit generates 300 MW, enough electricity to serve approximately 60,000 homes […]