Pointing to what it says will be long-term savings for customers, Florida Power & Light said Friday it is seeking to buy a coal-fired power plant in Jacksonville — and then shut down the plant within two to three years.
FPL, which is asking for approval from the Florida Public Service Commission, entered into a long-term contract in 1988 to purchase power from the Cedar Bay Generating Plant. But the utility said in a news release that it can now generate electricity at a “much lower cost” than what the contract requires it to pay. Continue reading
A monthly charge Duke Energy Florida customers pay for a nuclear-power plant that won’t be built may be removed from their bills as early as this summer.
The utility filed a petition Monday with the Florida Public Service Commission that, if accepted, would disconnect nearly two years earlier than planned the monthly charge of $3.45 per 1,000 kilowatt hours of electricity.
From the rustic 1850s pump shower to the 1920s Humphrey automatic to today’s modern units, water heaters have made great strides in performance and efficiency. On April 16, 2015, water heaters will take the next great stride when manufacturers must comply with new Department of Energy (DOE) efficiency standards. The most common water heaters manufactured on and after this date will get a modest boost in efficiency, while units over 55 gallons will shift to next-generation technology, cutting utility bills by one-fourth to one-half depending on the technology.
Florida’s locally owned electric utilities celebrate today the 37th anniversary of an organization that enables them to work together for the mutual benefit of their customers.
In honor of the milestone, this organization, known as the Florida Municipal Power Agency (FMPA), released today an infographic that describes to the public the value of municipal utilities working together through joint action. These benefits include:
- Decreasing rates more than 20% since 2009
- Managing the resources to power more than 330,000 average homes
- Offering more than two dozen member services
Click here and scroll down to view the graphic now.
The octane-fueled Daytona International Speedway is getting a solar enhancement. With attention focused on the raceway this weekend for the Daytona 500, Florida Power & Light and the speedway announced plans Friday to install structures that will provide both shade for raceway customers and a zero-emissions energy source.
The Florida Municipal Power Agency (FMPA) has filed a response to the Florida Auditor General’s preliminary and tentative operational audit report.
The Auditor General’s report included five findings that relate to FMPA’s All-Requirements Project. These findings relate to fuel hedging, natural gas supply agency participation, interest rate swaps, peak shaving and All-Requirements Project termination provisions. Due to the complex nature of these topics, FMPA’s response states that Executive Committee members will begin a process to retain an independent management consulting firm to advise the Executive Committee concerning these findings.
The Florida Municipal Power Agency (FMPA) All-Requirements Project Executive Committee voted February 19, to begin a process to retain a management consulting firm to address key preliminary findings of the Florida Auditor General’s operational audit.