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The Florida Municipal Power Agency’s All-Requirements Project presentation to [City name]’s Community Leaders [Date]. The Florida Municipal Power Agency is …. A wholesale power company Owned by municipal electric utilities Providing economies of scale in: Power generation
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The Florida Municipal Power Agency’s All-Requirements Project presentation to [City name]’s Community Leaders [Date]
The Florida Municipal Power Agency is … • A wholesale power company • Owned by municipal electric utilities • Providing economies of scale in: • Power generation • Related services 3
All-Requirements member cities FMPA’s statewide power resources The Florida Municipal Power Agency’sAll-Requirements Project • Serves all the wholesale power needs of 15 cities. • Efficient statewide power system • One of 25 largest public power utilities nationwide 4
Jointly planning for future power needs Developing new power resources Financing ownership of power resources Operating the power system for maximum efficiency All-Requirements performs the duties of a wholesale provider 5
Members perform the duties of a retail electric provider • Distributing power to homes and businesses • Setting rates and billing customers • Community-owned, locally governed 6
The All-Requirements Project’sBenefits to Members • Member-owned • Economies of scale • Risk mitigation 7
FMPA is owned by the members it serves • No longer captive customers of their chief competitors • Not-for-profit, cost-based rates • Members have self-determination 8
Economies of scale reduce power costs • Efficient dispatch and operations • Access to larger, more efficient generators • Access to resources and additional opportunities 9
Diverse power resources for secure, affordable energy • Power resources diversified, in terms of: • Technology • Fuel-type • Location • Robust risk management program 10
Conclusions Community Power. Statewide Strength. • The personal service of a local utility • Backed by the resources of a statewide organization 11