FMEA News Feed
Municipal electric utilities ask questions about the future of electricity
Florida’s locally owned electric utilities are imagining forward and starting a dialogue about the future of reliable, affordable electricity, said Florida Municipal Power Agency’s management in the Agency’s 2013 annual report. The report was released the last week in February and is posted on FMPA’s website.
House Ways and Means Committee Chairman David Camp, R-Mich., Wednesday, February 26, 2014 released a discussion draft of a sweeping tax reform bill that would impose a 10-percent surtax on interest on municipal bonds, block the issuance of advanced refunding bonds, block the issuance of New Clean Renewable Energy Bonds and other tax credit bonds, and fully tax private activity bonds. “At no time in the history of the income tax has municipal bond interest been subject to an outright federal income tax—precisely because such a tax would interfere with the legitimate governing decisions of bond issuers,” APPA said.
Kissimmee Utility Authority (KUA) crews have been hard at work in the process of the development of the Kissimmee Trail Bridge. KUA linemen converted the overhead power lines to underground to make way for the new $7.4 million pedestrian and bicycle friendly bridge that will span the six-lane highway.
Local utilities offer the home power advantage, backed by statewide resources
“Florida Municipal Power Agency (FMPA) was founded in 1978 to give customers the best of both worlds: all the benefits of local ownership, backed by the resources of a statewide organization,” said FMPA General Manager and CEO Nicholas P. Guarriello.
Enrollment for Keys Energy Services’ (KEYS) discount program for qualifying Senior Citizens or Disabled American Veterans residential customers is now open. Enrollment for this program runs until March 31st, 2014 and customers who have previously participated in the program must re-qualify. Once qualified, customers will receive a $9.53 discount on their monthly energy bills in 2014.