FMEA News Feed

Another Proposal Heats Up Solar Energy Ballot Fight

Solar Power Station………. A new “pro solar-energy” coalition will push for its own ballot initiative as a way to counter a separate group’s proposed constitutional amendment to expand the use of solar energy in Florida.

Consumers for Smart Solar, a group whose leadership includes two former state lawmakers, a Jacksonville tea-party founder and a former chairman of the Florida Public Service Commission, announced Wednesday that it will race to collect signatures to get on the 2016 ballot alongside the ongoing effort by a group known as Floridians for Solar Choice.

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Locally Owned Utilities Shine at Providing Reliable Electricity

150x100PublicPower_FMPA-01Municipal utility customers enjoy quicker repairs and shorter outages.

Customers of many of Florida’s locally owned electric utilities enjoyed quicker repairs and shorter outages than many customers of private utilities in 2014, according to a new report.

The report, compiled by the Florida Municipal Power Agency, tracks the reliability of the electric distribution systems of 24 municipal electric utilities in Florida and compares them to publicly available data for Florida’s investor-owned utilities. Measuring distribution reliability enables utilities to gauge their performance, evaluate procedures and ensure high levels of service to their customers.

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Sharing APPA’s Strategic Plan, To Better Serve Public Power

appaThe American Public Power Association (APPA) has finalized its strategic plan to help municipal electric utilities navigate the many changes the public power industry faces.

APPA will apply six external strategic initiatives to implement over the next three years: raising awareness of public power, Public Power Forward (taking on the technological changes facing the public power industry,) dealing with increased federal regulation, cyber and physical security preparedness, research and development, and workforce planning. Continue reading

Moody’s and Fitch Give FMPA Two Thumbs Up with Credit Ratings

150x100PublicPower_FMPA-01High credit ratings are great news for FMPA and its municipal utilities around the state.

Two of the leading investment voices in the country both gave high credit ratings last month to the Florida Municipal Power Agency’s (FMPA) projects.

  • Moody’s Investor Service has affirmed the A2 credit rating of FMPA’s All-Requirements Project with a stable rating outlook.
  • Fitch Ratings assigned to four FMPA power supply projects a rating of A+.

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FPL Proposes $1.2 Billion Natural Gas Plant

FLPFlorida Power & Light has announced plans to build a $1.2 billion natural-gas plant on company-owned land in northeastern Okeechobee County.

The company, projecting the new plant to be operational by mid-2019, intends to file the paperwork seeking regulatory approval “in the coming months,” according to a release last week from FPL. The project will need to be reviewed by the state Department of Environmental Protection, the Florida Public Service Commission and other county, state and federal government agencies.

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FMPA Receives Six Proposals for Management Consulting Services

150x100PublicPower_FMPA-01Florida Municipal Power Agency (FMPA) received proposals from six independent management consultants to assist the Agency in responding to two findings of the Florida Auditor General’s operational audit.

The firms who responded to FMPA’s Request for Qualifications included: Baker Tilly, McKinsey & Company, Mercatus Energy Advisors, NERA Economic Consulting, Stonecroft Advisors, and Vista Energy Group. Continue reading

Supreme Court blocks EPA rule on mercury, air toxics

epa logoIn a defeat for the Environmental Protection Agency and a victory for electric utilities, the Supreme Court has blocked the EPA’s sweeping rule curbing emissions of mercury and other hazardous pollutants from power plants. In a 5-4 ruling on June 29, the court said the EPA should have considered the issue of cost at the time the agency first decided to regulate power plants under what later became its Mercury and Air Toxics Rule.

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