Eleventh Circuit Rules Co-op Members Are Not Entitled to Immediate Cash for Profits
Posted on Jan 13, 2017 in Litigation, Patronage Capital | Comments Off on Eleventh Circuit Rules Co-op Members Are Not Entitled to Immediate Cash for Profits
The U.S. Court of Appeals for the Eleventh Circuit dismissed (subscription required) a case brought by members of the Central Alabama Electric Cooperative (CAEC) against the central Alabama utility for distributing excess revenue by crediting the members’ capital accounts rather than making cash payments. The court found that Alabama law 37-6-20 does not require CAEC to distribute such...
KIUC Executes Agreement to Construct Hybrid Solar and Energy Storage System
Posted on Jan 11, 2017 in Renewable Energy, Technology | Comments Off on KIUC Executes Agreement to Construct Hybrid Solar and Energy Storage System
Kaua’i Island Utility Cooperative has executed a power purchase agreement with AES Distributed Energy, Inc. for a plant that will provide solar energy plus a battery-based energy storage system. The project will consist of 28 MW of solar photovoltaic energy and a 20 MW five-hour duration energy storage system.
WEC Installs Fourth Electric Vehicle Charging Station
Posted on Jan 9, 2017 in Energy Savings Programs, Environmental, Technology | Comments Off on WEC Installs Fourth Electric Vehicle Charging Station
Washington Electric Cooperative (WEC) installed its fourth electric vehicle (EV) charging station on December 9, 2016. This project was aided by a $147,000 grant from the Vermont Low-Income Trust for Energy. This EV charging station is strategically located at Harwood Union High School in Duxbury, Vermont. By helping to develop an infrastructure that makes EV usage more practical, the...
San Miguel Power Association Adds Solar Project for Qualified Low-Income Residents
Posted on Dec 9, 2016 in Land Use, Project Development, Rates, Renewable Energy | Comments Off on San Miguel Power Association Adds Solar Project for Qualified Low-Income Residents
San Miguel Power Association (SMPA), the Colorado Energy Office and GRID Alternatives announced a 200 kW community solar array to be located on a closed landfill in Norwood, Colorado. SMPA had been looking for a way to make renewable energy available to more of its members while keeping utility bills affordable. A $1.2 million grant from the Colorado Energy Office in August 2015 has...
Iowa Electric Co-ops Plan January 1 Merger
Posted on Dec 9, 2016 in Mergers/Acquisitions | Comments Off on Iowa Electric Co-ops Plan January 1 Merger
Tri-County Electric Cooperative, based in Rushford, Iowa, and Hawkeye REC will merge to become MiEnergy Cooperative on January 1, 2017. The two electric cooperatives had already been pooling resources for more than a decade to help save on costs and shared the same CEO, Brian Krambeer, for the past seven years. Krambeer stressed the announcement makes the cooperatives stronger and...
Kentucky Public Service Commission Approves EKPC Sale of Solar Leases
Posted on Nov 28, 2016 in Environmental, Project Development, Renewable Energy | Comments Off on Kentucky Public Service Commission Approves EKPC Sale of Solar Leases
The Kentucky Public Service Commission has approved a proposal that allows East Kentucky Power Cooperative Inc. (EKPC) to sell licenses to its customers for a solar panel farm planned in Clark County, Kentucky. The approved proposal allows EKPC’s customers to purchase a 25-year lease for one or more of the project’s 32,000 panels for a one-time payment of $460 per panel. Among other...
Pedernales Electric Cooperative Receives $1MM Grant for Conservation Plan
Posted on Oct 14, 2016 in Environmental | Comments Off on Pedernales Electric Cooperative Receives $1MM Grant for Conservation Plan
The U.S. Fish and Wildlife Service awarded a $1 million grant to Pedernales Electric Cooperative (PEC) to research and develop a 30-year habitat conservation plan for 34 species across five million acres in Texas. PEC will also purchase (or buy offsets for) comparable habitat outside its easements under the conservation plan. PEC’s conservation plan will be submitted by the end of 2017...
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