FMEA would like to acknowledge our newest Associate Members: OpMoSys, Inc. and Sherman+Reilly/HD Electric Company/Greenlee, Textron Companies. Welcome to Florida’s public power network.
OpMoSys, formerly SMS Streamer, is a cloud-based mobile solutions company that enables enterprises to deploy comprehensive and fully integrated mobile solutions and services including payments, refill orders and other types of transactions. For more information, please contact Ayodale Cole at firstname.lastname@example.org or (732) 800-1161. Continue reading
The state Public Service Commission next week should approve a request by Florida Power & Light to collect $318.5 million from customers to recoup costs from Hurricane Matthew and to replenish a storm reserve, the commission’s staff has recommended.
The Public Service Commission will take up the request Tuesday. If the plan is approved, increases to customer bills would begin in March and last for a year.
FMEA’s Bill Comparison for December 2016 shows the average bills of public power utilities across Florida are $12.89 less than the average bills for investor-owned utilities per 1,000 kWh.
Overall, out of fifteen ranked categories, Lakeland Electric reports the lowest bills in six categories; City of Mount Dora reports the lowest bill in four categories; the City of Tallahassee and Florida Power & Light Co. report the lowest bills in two categories. The City of Moore Haven reports the lowest in one category.
Florida Power & Light, the state’s largest electric utility, had $1.7 billion in net income in 2016, up from $1.6 billion the previous year, FPL’s parent company reported.
FPL’s net income represented $3.71 per share, compared to $3.63 per share in 2015. The utility’s earnings were relatively flat during the final three months of 2016, when FPL had net income of $371 million, or 79 cents a share. That compared to $365 million, or 79 cents a share, during the fourth quarter of 2015, according to the report by parent company NextEra Energy, Inc.
The state Supreme Court on Thursday, January 26, rejected a challenge to the approval of a deal in which Florida Power & Light purchased a coal-fired power plant in Jacksonville with the intention of shutting it down.
The Florida Industrial Power Users Group, which includes large energy users, challenged an order by the state Public Service Commission that approved the FPL deal. The group commonly known as FIPUG argued that it was improperly prevented from sequestering the utility’s witnesses during a Public Service Commission hearing.
As severe thunderstorms brought high winds, hail and significant rainfall to parts of Florida Saturday and Sunday, the Florida Municipal Electric Association (FMEA) assembled mutual aid crews from across the state to assist with power restoration in impacted areas.
Hardest hit was the City of Tallahassee, which experienced a peak outage of 30,000 municipal electric utility customers. Crews and service trucks from public power partners Kissimmee Utility Authority (KUA), Ocala Electric Utility, Beaches Energy Services (Jacksonville Beach) and JEA were immediately sent to Tallahassee to assist with power restoration efforts. As of 1 p.m. today, approximately 6,300 City of Tallahassee electric utility consumers remain without power and power restoration efforts continue.
Duke Energy has agreed to pay $600,000 as part of a settlement with the U.S. Department of Justice in a case about whether the utility followed antitrust requirements in the purchase of a Polk County power plant.
The utility and the Justice Department announced the settlement Wednesday in separate news releases. The case stemmed from Duke’s decision in 2014 to buy the Osprey Energy Center in Auburndale from Calpine Corp.