FMEA News Feed

Lawmakers Look to Carry Out Solar Amendment

A proposal to carry out a renewable-energy tax break that voters approved in the August primary election continued moving through the Senate on Tuesday, Febuary 21.

The Community Affairs Committee unanimously backed the bill (SB 90) to enact Amendment 4, which lawmakers put before voters to extend a residential renewable-energy tax break to commercial and industrial properties.

Continue reading

Portman, Shaheen Introduce Energy-efficiency Bill

Sens. Jeanne Shaheen, D-N.H., and Rob Portman, R-Ohio, introduced energy-efficiency legislation similar to energy efficiency legislation they have been trying to get passed for the last six years and has attracted broad bipartisan support in the past from consumer-owned utilities and others.

Continue reading

FPL Customers to Pay Hurricane Costs

Whether they took the brunt of Hurricane Matthew or experienced a rainy breeze, Florida Power & Light customers will spend the next year paying for the utility’s response to the early October storm.

The state Public Service Commission on Tuesday approved — with little comment — a $318.5 million request by FPL to cover the costs of restoring power after the storm pummeled parts of the East Coast. Part of the money also will help the company replenish its storm reserve fund, which stood at $93.1 million before Matthew.

Continue reading

FMPA Reports Positive Movement on Vero Electric’s Partial Sale

Following initial discussions the Florida Municipal Power Agency (FMPA) held with external stakeholders, the agency reports positive progress on Vero Beach’s proposed sale of its electric customers in Indian River Shores.

FMPA has held initial discussions with the bond trustee, bond insurers, credit rating agencies and others to gauge what concerns there might be if Vero Beach sells electric customers that account for approximately nine percent of electric revenues.

Continue reading

FMPA Provides Option to Help Vero Beach Exit FMPA Projects

Preliminary idea could enable Vero to achieve its goals while protecting FMPA cities

Florida Municipal Power Agency (FMPA) provided preliminary information to its member cities on an option for Vero Beach to transfer its FMPA power projects to other cities so that Vero Beach can sell its electric system.

Continue reading

FMEA Associate Member Spotlight – Altec Inc.

FMEA is excited to introduce our Associate Member Spotlight where we will highlight a different Associate Member each month. Our first spotlight is on Altec, Inc.

Altec is a leading equipment and service provider for the electric utility, telecommunications, contractor, lights and signs and tree care markets. The company provides products and services in more than 100 countries throughout the world.

Continue reading

Lakeland Electric and NRG Energy Begin Operation of Solar Farm in Lakeland, Fla.

Ribbon Cutting Ceremony to be held February 8th.

Lakeland Electric, in partnership with the City of Lakeland and NRG Energy, Inc. (NYSE: NRG), announced the completion of construction on a 3.15 megawatt (MW) AC solar power plant. The Medulla Road Solar Farm will supply electricity to Lakeland Electric, the third largest public power utility in the state of Florida.

Continue reading