| 
History
Background
Information on Floridas Municipals and FMPA
Introduction
Almost immediately after Thomas Edison demonstrated in 1882
the feasibility of central station electric service in New
York City, municipally owned utilities were established.
Floridas First
Among the first cities in Florida to recognize power production
and distribution as a natural extension of existing public
services were Jacksonville, Ocala and Starke. Each of these
cities formed publicly owned electric utilities before the
turn of the century. A century later, these utilities are
still going strong, still in public hands and still providing
reliable electricity at a reasonable cost for their consumers.
Today
Today, there are 33 municipal electric systems in Florida,
ranging in size from the largest in Jacksonville to the smallest
in Moore Haven.
Several
municipal utilities still generate
their own electricity, while some buy power at wholesale from
investor-owned utilities, governmental agencies or other municipals.
Joint Action
Each system is locally owned and operated, but Floridas
municipal utilities discovered some time ago that they share
many common concerns which can best be solved by working together.
Building
new power plants is one example of a major decision that can
be solved more efficiently through joint action. In most cases,
it is cost effective for municipals to build one joint power
plant rather than smaller individual units. A larger plant
is generally more efficient, and other economies of scale
help lower the cost of power.
Legal Authority
Local governments are authorized by state statutes to enter
together into mutually advantageous agreements which create
a separate legal entity (Florida Statutes Chapter 163.01,
as amended, The Florida Interlocal Cooperation Act of 1969).
FMPA
was formed February 24, 1978, as one such governmental
legal
entity.
FMPA
is specifically authorized under the Joint Power Act (Florida
Statutes Chapter 361, Part II, as amended) to undertake joint
projects for its members and to issue tax-exempt bonds and
other obligations to finance the costs of such projects. FMPA
is also authorized to implement a pooled
financing program for utility-related projects of FMPA
and its members.
Project Oriented
Due to the diverse needs of municipal electric systems, FMPA
was created as a project-oriented agency. Under this structure,
each Agency member has the option whether or not to participate
in a project.
The
FMPA staffusing appropriate
consultants for legal, engineering and financial servicesexplores
joint projects, and the results of these investigations are
presented to the members.
With
this information, each utility decides whether to take part
in a project and, if appropriate, the amount of power they
need.
Agency
members may participate in more than one project; however,
each project is independent from the others, so no revenues
or funds available from one project can be used to pay the
costs of any other project.
Membership
FMPAs membership presently
includes 30 municipal electric utilities
serving approximately 2 million Floridians.
Each
member appoints one representative to FMPAs Board of
Directors which governs the Agencys activities.
The
Agency has five
power supply projects and a pooled
financing project. Fifteen members purchase all their
power requirements from the Agency. Five municipals participate
in FMPAs other power supply projects. Some members do
not currently participate in a project.
To
view "Sum of Our Efforts," a booklet that tells
FMPA's history through the stories of the Agency's defining
moments, click here.
(in PDF format, 3.59MB)

|