FMPA’s largest power supply project, the All-Requirements Project, serves all the wholesale power needs of 14 cities. All-Requirements enables municipal utilities of all sizes to become owners—not just customers—of an efficient statewide power system.
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1Participants’ noncoincident peak demand in fiscal 2011. Includes demand served by: 1) Entitlement shares of St. Lucie, Stanton, Tri-City and Stanton II projects for All-Requirements members that are also in these projects, and 2) Portions of Crystal River Unit 3 that are individually owned by some members.
Benefits of All-Requirements
Member-Owned: Being owners, rather than customers, puts All-Requirements communities in control of their wholesale power supply. It also means not-for-profit, cost-based rates that keep money in the community, instead of sending it to distant shareholders.
Economies of Scale: Pooling member’s resources and power needs allows All-Requirements to operate more efficiently than members could individually.
Risk Mitigation: Managing risk is essential in today’s turbulent energy markets, and a diverse generation portfolio—much like a diverse investment portfolio—is needed. Through All-Requirements, members can receive power from a diverse group of power plants, rather than depending on fewer units.