FMEA News Feed

Rates of Florida Municipal Electric Utilities Continue to be Significantly Less than the State’s Private Electric Utilities

ElectricRatesIn December 2015, the average rates of Florida’s municipal electric utilities dropped slightly and continue to be among the lowest in the state. On average, the bills of municipal electric utilities’ customers are 11 percent lower than the bills of investor-owned utilities’ customers. Of Florida’s 34 municipal electric utilities, 33 were below the investor-owned utilities’ average cost of power.

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FMEA Releases December 2015 Bill Comparison

GRAPHIC_FMEABillComp-01FMEA’s Bill Comparison for December 2015 shows Municipal Electric Utilities are lowest in 15 of 15 categories.

The report compares utility bills for residential, commercial and industrial utility customers categorized by consumption in 15 categories.

The report is produced monthly and includes billing information from investor-owned and municipal utilities.

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Court declines to put Clean Power Plan on hold

StantonPlantThe U.S. Court of Appeals for the District of Columbia Circuit on Jan. 21 denied motions filed by states and industry — including the American Public Power Association — that sought to put implementation of the Environmental Protection Agency’s final Section 111(d) rule on hold while the court hears legal challenges to it.

The EPA’s final Clean Power Plan rule was issued on Aug. 3 and was published in the Federal Register on Oct. 23, clearing the way for parties to file legal action related to the rule, which aims to reduce carbon dioxide emissions from existing power plants.

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Solar Initiative Tops Petition Threshold

signature-gathering1A group backing a solar-energy ballot initiative has submitted enough valid petition signatures to take the issue to voters in November — but still needs approval from the Florida Supreme Court for the proposed ballot wording.

The group known as “Consumers for Smart Solar” had submitted 695,376 valid petition signatures as of early Friday evening, topping the 683,149 needed to get on the ballot. Continue reading

FPL Proposes Rate Increases

FLPThe state’s largest electricity provider wants Florida regulators to approve a four-year funding package that would raise the base rate on a typical monthly bill by about $8.50 starting in 2017, with the hike reaching $14 by 2020.

Juno Beach-based Florida Power & Light notified the Public Service Commission on Friday that a proposal will be filed in March asking to increase the monthly charge on a typical customer using 1,000 kilowatt hours of electricity from $93 to $107 by 2020.
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Lakeland Electric Ratings Affirmed

125px_Lakeland ElectricFitch Ratings™, Moody’s™, and Standard & Poor’s™ Ratings Services have assigned long-term ratings of AA-, Aa3, and AA, respectively, to Lakeland Electric’s 2016 energy system bonds. At the same time, all three rating services also affirmed the same ratings on the utility’s existing debt. The outlook for Lakeland Electric is stable.

Lakeland Electric fared well due to many factors, including its competitive rates – which are among the lowest in Florida – and a dependable low-cost power supply provided by the utility’s own gas- and coal-fired power plants.

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JEA Soars in J.D. Power Business Customer Satisfaction

JDPowerJEAIn a J.D. Power study, released this week, business customers have ranked JEA the “Highest Customer Satisfaction with Business Electric Service in the South among Midsize Utilities.”

The study is based on responses from business customers during the 2015 calendar year and measures satisfaction among business customers of  midsize electric utilities in the south, including: Arkansas, Florida, Louisiana, Mississippi, New Mexico, Oklahoma, South Carolina, , Tennessee and Texas.. Overall satisfaction is examined across six factors. JEA achieved the highest score in all six study factors, which includes: Power Quality & Reliability, Corporate Citizenship, Price, Billing & Payment, Communications, and Customer Service.

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