City of Jacksonville Beach City Council Agenda March 2026
FMPA Power Contracts Continue Through 2030+
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Description
Jacksonville Beach paid the Florida Municipal Power Agency $2.65 million for the St. Lucie Project and $59.1 million for the All Requirements Project in FY 2025, with long-term contracts in place for power supply.
Contract Details
Contract Amount
$2,652,789 (St. Lucie Project 2025); $59,139,047 (All Requirements Project 2025)
Vendor
FLORIDA MUNICIPAL POWER AGENCY
Agency
City of Jacksonville Beach, FL
Contract Type
UTILITIES
Document Date
March 2, 2026
Contract Term
St. Lucie: through full decommissioning or debt retirement; ARP: until October 1, 2030, auto-renews annually
Renewal Date
2030-10-01
Renewal Info
St. Lucie Project contract lasts until plant decommissioning or debt retirement. All Requirements Project (ARP) auto-renews yearly unless notice is given; initial term runs to October 1, 2030.
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