Texas Coop Seeks to Supply Electricity to New Jail
Posted on Nov 27, 2013 in Grid & Infrastructure, Legislative & Politics, Regulation & Policy | Comments Off on Texas Coop Seeks to Supply Electricity to New Jail
Central Texas Electric Co-operative (CTEC) has presented a proposal to the Gillespie County Commissioners outlining the cooperative’s plan for providing power to the new two-story jail under construction in Gillespie County. The cooperative’s chief executive officer cited the 200-foot rule, which allows an entity to choose between the utility designated in that area or another service...
Missouri Coop Refinances RUS Debt
Posted on Nov 27, 2013 in Financing, Patronage Capital | Comments Off on Missouri Coop Refinances RUS Debt
Co-Mo Electric Cooperative recently refinanced $38.7 million in debt held by the Rural Utilities Service (RUS). CoBank and the National Rural Utilities Cooperative Finance Cooperation issued new debt for the refinancing transaction. The cooperative cited better interest rates and the desire for flexibility outside of government-based borrowing as reasons for the decision to...
FERC Expands SGIA and SGIP to Cover Energy Storage
Posted on Nov 27, 2013 in Regulation & Policy, Technology | Comments Off on FERC Expands SGIA and SGIP to Cover Energy Storage
On Friday, November 22, the Federal Energy Regulatory Commission (FERC) revised its standardized Small Generator Interconnection Agreements (SGIA) and Procedures (SGIP). The changes are intended to make the interconnection of small generators (20 MW or smaller) greener and more efficient. Read the full Sutherland Legal Alert.
Minnesota Coop May Expand Service Territory
Posted on Nov 27, 2013 in Mergers/Acquisitions, Regulation & Policy | Comments Off on Minnesota Coop May Expand Service Territory
Federated Rural Electric Association, a member of the Southern Minnesota Energy Cooperative, may expand its service area in southwest Minnesota and acquire an additional 1,700 customers from Alliant Energy’s customer base. The purchase is rumored for 2014 and would be subject to approval by the Minnesota Public Utilities Commission. Read more here.
Wisconsin Coop Secures Additional CFC Financing
Posted on Nov 25, 2013 in Financing, Grid & Infrastructure, Innovation/Efficiency, Project Development, Reliability, Technology | Comments Off on Wisconsin Coop Secures Additional CFC Financing
Washington Island Electric Cooperative (WIEC), based in Washington Island, Wisconsin, has recently refinanced its debt with another lender to become a 100-percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower. WIEC, which serves 1,080 members on an island in Lake Michigan accessible only by ferry, has plans for some improvement projects, including the...
Delaware Coop to Distribute $3 Million in Capital Credits to Members
Posted on Nov 25, 2013 in Corporate Governance, Patronage Capital | Comments Off on Delaware Coop to Distribute $3 Million in Capital Credits to Members
The Board of Directors of Delaware Electric Cooperative (DEC) recently voted to return $3 million in capital credits to all of DEC’s members and former members who held an active account in 1995. Click here for more.
SMECO Drills to Install Underground Cables
Posted on Nov 25, 2013 in Grid & Infrastructure, Innovation/Efficiency, Project Development, Reliability | Comments Off on SMECO Drills to Install Underground Cables
Southern Maryland Electric Cooperative (SMECO), based in Hughesville, Maryland, is carrying out its plans to run lines for a new 230-kilovolt system under the Patuxent River. SMECO’s project manager, Black & Veatch, is currently drilling tunnels, through which the lines will run, 50 feet below the river’s bottom. SMECO undertook the project to provide increased reliability for...
Big Rivers Seeks PSC Approval for New Smelter Deal
Posted on Nov 25, 2013 in Economic Downturn, Legislative & Politics, Rates, Regulation & Policy | Comments Off on Big Rivers Seeks PSC Approval for New Smelter Deal
Kentucky-based Big Rivers Electric Corporation (Big Rivers) is seeking approval from the Kentucky Public Service Commission (PSC) of a deal that would allow a Big Rivers customer, Century Aluminum (Century), to purchase power for one of its Western Kentucky smelters on the wholesale market. Century maintains that such an arrangement is necessary to keep the smelter open. The PSC...
Water Heater Efficiency Act to Help Coops?
Posted on Nov 21, 2013 in Climate Change, Environmental, Innovation/Efficiency, Legislative & Politics, Regulation & Policy, Reliability | Comments Off on Water Heater Efficiency Act to Help Coops?
Republican Senator John Hoeven and a bipartisan group of senators today introduced the Water Heater Efficiency Act, a bill that would enable rural electric power coops and their members to continue using large, energy-efficient water heaters in “demand response” conservation programs. New Department of Energy rules threaten to phase out such water heaters by 2015. The bill is seen as...
New Mexico Coop Vote for Trustee Questioned
Posted on Nov 21, 2013 in Corporate Governance | Comments Off on New Mexico Coop Vote for Trustee Questioned
The District III Socorro Electric Coop trustee election held on November 16 is being scrutinized over whether enough individuals were present to make quorum. Only 65 member/owners were counted as present at the meeting and 66 were needed to make quorum, but there are reports that more members were and not counted. Another vote will have to take place if this one is found to be...
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