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Electric Infrastructure Workshop January 23, 2005

Electric Infrastructure Workshop January 23, 2005. Florida Public Utilities Company. Florida Public Utilities Company Description. Small Investor Owned Electric Utility Approximately 27,500 Customers Small Service Territories Located On Amelia Island And In The Florida Panhandle (Marianna)

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Electric Infrastructure Workshop January 23, 2005

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  1. Electric Infrastructure WorkshopJanuary 23, 2005 Florida Public Utilities Company

  2. Florida Public Utilities Company Description • Small Investor Owned Electric Utility • Approximately 27,500 Customers • Small Service Territories Located On Amelia Island And In The Florida Panhandle (Marianna) • Limited Staffing And Resources

  3. Hurricane Damage During 2004 and 2005 Hurricane Seasons • Only Severe Damage Caused By Tornadoes Associated With Hurricane Ivan • Minimal Damage Sustained From Winds Associated With Seven (7) Named Hurricanes • Total Of 74 Poles (0.3% of total) Were Damaged During The Hurricanes • Total Of 3.25 Miles (0.3% of total) Of Wire Was Replaced During the Hurricanes

  4. System Restoration • Tornadoes Caused Severe Damage During Hurricane Ivan • Damage From Hurricane Winds Was Minimal In Most Cases • Inventory Was Available To Make All Repairs During Hurricane Restoration • Additional Manpower And Resources Were Available During All Hurricanes • Longest Customer Outage Was Five (5) Days During Hurricane Ivan

  5. Impact Of System Upgrades • Current FPUC Rate Base Is Approximately $37.85 Million • Estimated Upgrade Cost Is $41 Million Or 108% of the current rate base • 2004 And 2005 Hurricane Related Damage Results Do Not Justify This Expense

  6. System Studies And Research • Due To Small Size And Limited Resources, No Comprehensive Studies Or Research Has Been Conducted

  7. Conclusion • With The Exception of Tornadoes Associated With Hurricane Ivan, Minimal Damage Sustained During the 2004 and 2005 Hurricane Seasons • Experience And Results Indicate That Preparation And Restoration Were Adequate

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