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✓;_ <br />O da) A./ 715sr£(19 RIdl Z S QF <br />F. <br />F1) -t POs DE513 15 <br />City of Vero Beach has()Wnership rights under the All Requirement Project. <br />Orlando Utilities generation output is 2000MW <br />Orlando Utilities daily peak is about 1600MW <br />ri714 r —71ze4r5 <br />u r rcor 5 <br />The City of Vero Beach has contracted with the Orlando Utilities Commission to provide <br />generation services beginning in January, 2010. The rate will be the cost of generation, <br />plus any charges for "wheeling" over FP&L power lines. OUC's current generating rate <br />is 3.9 cents. <br />Mr. Aspuru reiterated that fuel prices have been very volatile. (&D,3 <br />ABOUT FMPA <br />FMPA is 31 years old 1978-2009. <br />` i`' <br />In 1991 FMPA filed a lawsuit to obtain the rights to equal access to ele tic <br />services. As a result, FMPA gained equal access to transmission services. <br />G Y. <br />st- <br />3 <br />transmission ;:-` <br />j,: <br />In 2004 FMPA developed a comprehensive long-term power supply plan. The plan <br />���� showed significant growth over the next 20 years. With capacity needs growing FMPA <br />determined the capacity needs justified building their own generating units. FMPA' s <br />long-term plan recommended building two new generating projects. <br />1) A simple cycle combustion turbine to begin operations in 2006. <br />2) A combined cycle unit to begin operation in late spring 2008. <br />FMPA describes itself as "a wholesale power company owned by 30 municipal <br />electric utilities FMPA members are listed as: — <br />D Rittcxfeli <br />Alachua, Bartow, Blountstown, Bushnell, Chattahoochee, Clewiston, Fort Meade, Fort <br />Pierce, Gainesville, Green Cove Springs, Havana, Homestead; Jacksonville Beach, Key <br />West, Kissimmee, Lake Worth, Lakeland, Leesburg, Moore Haven, Mount Dora, New <br />Smyrna Beach, Newberry, Ocala, Orlan , Quincy; St. Cloud, Starke, Vero Beach, <br />Wauchula, and Williston. <br />In 2008, FMPA had 30 members, a full time staff of nearly 70, a 25,000 sq. ft. <br />headquarters in Orlando, 5 power plant projects, annual revenues of $707 million, total <br />assets of $L6 billion. <br />FMPA offers paid group insurance to retired, full-time employees over the age of 55, <br />who have a combined total of at least 900 months of age plus months of active service. <br />c- i=[ --='j �-�-:Z.. GL.�:�."J -�C �:'.%: mac...—f=Jc:-y <br />f ..7 7 <br />