FPUA keeps PCA steady as rate-stabilization fund remains within target
FPUA finance manager Andrea Transfarini Sloan reported the power-cost-adjustment remains at $4 and the rate-stabilization fund balance is about $8.4 million after an April undercollection of roughly $296,000; staff said they will monitor projections and hold the PCA steady unless outlooks change.
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Fort Pierce Utilities Authority finance manager Andrea Transfarini Sloan presented the board with an April update on purchased-power costs, the power-cost-adjustment (PCA) and the rate-stabilization fund.
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