Iowa Coop to Receive Nearly $5 Million From FEMA to Retrofit Lines
Posted on Jan 19, 2011 in Grid & Infrastructure, Project Development | Comments Off on Iowa Coop to Receive Nearly $5 Million From FEMA to Retrofit Lines
The Waverly Democrat reports that Butler County Rural Electric Cooperative will receive nearly $5 million from FEMA to retrofit distribution lines to mitigate damage from hard weather.
Montana G&T Coop Battles NorthWestern Energy Over Electric Meters
Posted on Jan 18, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Montana G&T Coop Battles NorthWestern Energy Over Electric Meters
The Great Falls Tribune reports on a bitter controversy between Southern Montana Electric Generation and Transmission Cooperative, Inc. and NorthWestern Energy, Montana’s dominant electric utility. The dispute is over the provision of new meters to commercial energy customers.
Pedernales to Seek $8.8 Million in Restitution from Bennie Fuelberg
Posted on Jan 18, 2011 in Corporate Governance, Litigation | Comments Off on Pedernales to Seek $8.8 Million in Restitution from Bennie Fuelberg
The Statesman reports that Pedernales Electric Cooperative will seek to recover $8.8 million from Bennie Fuelberg, its former general manager who was recently convicted of felony theft and money laundering.
Pedernales “Divided” on Going Green
Posted on Jan 18, 2011 in Energy Savings Programs, Environmental, Rates, Regulation & Policy, Technology | Comments Off on Pedernales “Divided” on Going Green
The Statesman reports on a conflict among members of Pedernales Electric Cooperative over efforts to make the cooperative more environmentally friendly.
Another Virginia Legislator Introduces Bill on Pole Attachments
Posted on Jan 18, 2011 in Legislative & Politics | Comments Off on Another Virginia Legislator Introduces Bill on Pole Attachments
Full text of the bill is available here. Among other provisions, the bill provides that unauthorized attachments to utility poles owned by electric cooperatives are a Class 1 misdemeanor and requires that cable television systems adhere to certain conditions and standards.
Bank of America Merrill Lynch Shopping Mortgage Bond Deal for Old Dominion Electric Cooperative
Posted on Jan 17, 2011 in Financing | Comments Off on Bank of America Merrill Lynch Shopping Mortgage Bond Deal for Old Dominion Electric Cooperative
Private Placement Letter has the details on the transaction. (subscription required)
Atlanta Journal-Constitution Reports on Challenges to Georgia Coops
Posted on Jan 16, 2011 in Corporate Governance, Litigation | Comments Off on Atlanta Journal-Constitution Reports on Challenges to Georgia Coops
The Atlanta Journal-Constitution reports on the fall-out from the indictment of Cobb EMC head Dwight Brown, and efforts by advocacy groups to clarify access to Georgia cooperatives’ records and member lists during elections, among other proposals.
Kansas Coop Considers Office Closings in Bid to Save $1 Million Annually
Posted on Jan 13, 2011 in Corporate Governance, Financing, Legislative & Politics | Comments Off on Kansas Coop Considers Office Closings in Bid to Save $1 Million Annually
Rolling Hills Electric Cooperative (Kansas) has proposed closing offices in three towns, and building a central office in another town, in order to save $1 million annually. The Salina Journal has the details.
Virginia Legislator: Let Telecoms and Cable Companies Petition Commission to Establish Contract Terms with Coops in Absence of Agreement Over Poles
Posted on Jan 13, 2011 in Grid & Infrastructure, Legislative & Politics | Comments Off on Virginia Legislator: Let Telecoms and Cable Companies Petition Commission to Establish Contract Terms with Coops in Absence of Agreement Over Poles
A Virginia legislator has introduced a bill that would permit telecoms and cable companies to petition a state commission to establish contract terms if they are unable to arrive at a mutually agreeable contract with electric cooperatives for pole attachments. Full text of the bill is here.
GAO Issues Report on Electricity Grid Modernization
Posted on Jan 13, 2011 in Grid & Infrastructure, Innovation/Efficiency, Legislative & Politics, Technology | Comments Off on GAO Issues Report on Electricity Grid Modernization
The Government Accountability Office (GAO) report’s full title is “Electricity Grid Modernization: Progress Being Made on Cybersecurity Guidelines, But Key Challenges Remain to Be Addressed.” Full text of the report is available here.
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