Hawaii Coop Buys 1.5-MW Battery Storage System
Posted on Jan 13, 2011 in Energy Savings Programs, Environmental, Grid & Infrastructure, Innovation/Efficiency, Project Development, Technology | Comments Off on Hawaii Coop Buys 1.5-MW Battery Storage System
Business Wire has details on a contract between Kaua’i Island Utility Cooperative and Xtreme Power Inc. to purchase a 1.5-MW utility-scale battery storage system. The system will support a 3-MW solar project.
Texas Cooperative Involved in 1.67-MW Wind Turbine Project
Posted on Jan 12, 2011 in Environmental, Innovation/Efficiency, Project Development, Renewable Energy, Technology | Comments Off on Texas Cooperative Involved in 1.67-MW Wind Turbine Project
South Plains Electric Cooperative will receive new energy from a 1.67-MW turbine project in Texas. The turbine was recently completed by Spain’s Alstom Power. Additional details are here.
NRECA Asks Obama Administration for More Clean Renewable Energy Bonds
Posted on Jan 12, 2011 in Climate Change, Financing, Legislative & Politics, Renewable Energy | Comments Off on NRECA Asks Obama Administration for More Clean Renewable Energy Bonds
Bond Buyer reports that NRECA, along with two other industry groups, is pushing the Obama administration for more clean renewable energy bonds (CREB) (subscription required). The current CREB program is out of funding.
South Carolina Legislator Introduces Bill to Require “Special Needs Account Customer” Form
Posted on Jan 11, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on South Carolina Legislator Introduces Bill to Require “Special Needs Account Customer” Form
A South Carolina legislator has introduced a bill to further protect special needs account customers. The bill requires that coops and other utilities include a form in their customers’ bills (at least once a year) that would notify the utilities of their customers’ special needs status. Full text of the bill is here.
Coop Customers in the Mid-Atlantic Get Energy-Saving Website
Posted on Jan 11, 2011 in Energy Savings Programs, Technology | Comments Off on Coop Customers in the Mid-Atlantic Get Energy-Saving Website
Twelve electric coops in Delaware, Maryland, and Virginia (including G&T Old Dominion) have launched a new website to help their customers save energy. The website, which provides energy saving tips and daily use calculations, is located at http://www.energizeefficiently.coop/ . More details here.
Atlanta Journal-Constitution: Cobb EMC CEO Dwight Brown Indicted on 31 Counts of Racketeering and Theft
Posted on Jan 7, 2011 in Corporate Governance, Litigation | Comments Off on Atlanta Journal-Constitution: Cobb EMC CEO Dwight Brown Indicted on 31 Counts of Racketeering and Theft
Dwight Brown’s attorney, Craig Gillen, states that he is innocent of all charges. The article is here.
Proposal to Convert Montana Utility Into a Cooperative
Posted on Jan 4, 2011 in Corporate Governance, Financing, Legislative & Politics | Comments Off on Proposal to Convert Montana Utility Into a Cooperative
The Great Falls Tribune reports on the proposal by Southern Montana Electric G&T to convert Electric City Power, Great Fall’s money-losing utility, into a customer-owned cooperative.
The Weekly Observer Has Details on Santee Electric Lawsuit
Posted on Jan 3, 2011 in Corporate Governance, Derivative Suits, Litigation, Patronage Capital | Comments Off on The Weekly Observer Has Details on Santee Electric Lawsuit
The Weekly Observer (South Carolina) has a report on the origins of the lawsuit against Santee Electric Cooperative, including the role of an IRS form made available on the internet. The lawsuit against Santee by its members involves allegations of corporate mismanagement and a failure to return capital credits.
New Electric Coop Forming in Alaska
Posted on Jan 3, 2011 in Corporate Governance, Mergers/Acquisitions | Comments Off on New Electric Coop Forming in Alaska
The new electric coop will be called the Alaska Railbelt Cooperative Transmission and Energy Company. It is a combination of five utilities: Chugach, Matanuska, Homer, Seward, and Golden Valley electric associations. Additional details are here.
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