Florida Cities Enjoy 36 Years of Local Utilities, Statewide Strength
Local utilities offer the home power advantage, backed by statewide resources
ORLANDO, Fla., Feb. 24, 2014 – Florida’s locally owned electric utilities celebrate today the 36thanniversary of an organization that enables them to work together for the mutual benefit of their customers.
“Florida Municipal Power Agency (FMPA) was founded in 1978 to give customers the best of both worlds: all the benefits of local ownership, backed by the resources of a statewide organization,” said FMPA General Manager and CEO Nicholas P. Guarriello.
Florida’s locally owned electric utilities have a long history of serving their communities. More than a century ago, large power companies were slow to invest in supplying electricity to smaller or more rural communities, so the communities took matters into their own hands and formed their own utilities. Today, Florida’s home power utilities provide unique benefits to their customers including local reliability, personal service, community investment and public accountability.
FMPA was formed in the same spirit. Locally owned electric utilities wanted more control over their wholesale power supply. Through FMPA, municipal utilities of all sizes worked together to capture economies of scale and diversity in their power supply resources.
“FMPA is honoring its history by planning for the future. Our members are working together to shape strategies that will keep power affordable for consumers now and for many years to come,” said Guarriello.
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Florida Municipal Power Agency (FMPA) is a wholesale power company owned by 31 municipal electric utilities. FMPA provides economies of scale in power generation and related services to support community-owned electric utilities. The members of FMPA serve approximately two million Floridians.