New Hampshire Senator Seeks to Use Coop’s Efficiency Model Nationwide
Posted on Jun 13, 2011 in Corporate Governance, Energy Savings Programs, Legislative & Politics | Comments Off on New Hampshire Senator Seeks to Use Coop’s Efficiency Model Nationwide
During a recent discussion regarding her new energy efficiency bill, U.S. Senator Jeanne Shaheen (D-NH) highlighted the innovative cost-saving efficiency program used by the New Hampshire Electric Co-Op. Through the coop’s SmartSTART program, customers can pay for their energy efficiency improvements through their utility bills. The coop has found that program participants have cut...
Alaska Coop Makes Progress On Tapping Alternative Power Source
Posted on Jun 13, 2011 in Economic Downturn, Environmental, Project Development | Comments Off on Alaska Coop Makes Progress On Tapping Alternative Power Source
Naknek Electric Association, which serves the Bristol Bay area in Southwest Alaska, has received some positive news about its geothermic drilling project. GeothermEx has assessed the coop’s first well and concluded the utility is on its way toward a geothermal project that could prove to be economically sensible. The well can produce geothermal fluid at a temperature of 190 degrees,...
Dairyland Power To Remove Nuclear Waste To Dry Casks
Posted on Jun 13, 2011 in Environmental, Land Use | Comments Off on Dairyland Power To Remove Nuclear Waste To Dry Casks
Dairyland Power Cooperative, an electric provider based in Wisconsin, will begin removing spent fuel from its Genoa nuclear plant later this spring. Dairyland plans to encase the waste in steel and concrete casks. Although it appears that the federal government has no immediate plans to take possession of the nuclear waste, the move to store it on site should cut by two thirds the...
Electric Coops Leading the Way in Modernization of the Nation’s Electric Grid
Posted on Jun 13, 2011 in Financing, Grid & Infrastructure, Innovation/Efficiency, Project Development | Comments Off on Electric Coops Leading the Way in Modernization of the Nation’s Electric Grid
Agriculture Secretary Tom Vilsack joined Administration officials on Monday to announce several initiatives aimed at modernizing the nation’s electric grid. The USDA Rural Development’s Rural Utilities Service (RUS) is providing funding for several projects, and rural electric cooperatives are heavily involved in smart grid deployments. Last year, RUS approved $7.1 billion in loans for...
Georgia Supreme Court Rules on Amendments to Cobb EMC’s Bylaws
Posted on Jun 13, 2011 in Corporate Governance, Litigation | Comments Off on Georgia Supreme Court Rules on Amendments to Cobb EMC’s Bylaws
On Monday, the Georgia Supreme Court ruled that the president and directors of the Cobb Electric Membership Corporation violated a settlement agreement with coop members by amending its bylaws to allow voting by proxy in 2008. The Court concluded that the challenged bylaw amendment allowed the board to unilaterally change the method of voting on the issue of the method of selecting...
Northern Virginia Electric Cooperative Hires New Data Management Company
Posted on Jun 10, 2011 in Innovation/Efficiency, Technology | Comments Off on Northern Virginia Electric Cooperative Hires New Data Management Company
The coop announced that it has chosen DataFlux to set up a coop-wide data management initiative. The goal of the initiative is to organize data in a way that improves the accuracy of the coop’s forecasting models. See BusinessWire for more.
City of Great Falls Wins Round One in Litigation with Coop
Posted on Jun 10, 2011 in Corporate Governance, Litigation | Comments Off on City of Great Falls Wins Round One in Litigation with Coop
In March of this year, the City of Great Falls brought suit against Southern Montana Electric Generation and Transmission Cooperative seeking to invalidate its wholesale power contract with the coop. On June 8, a judge decided not to stop Great Falls from reducing the number of its customers and denied the coop’s request for new, court-appointed leadership of Great Falls’ electric...
Members of a Texas Cooperative May See 2012 Rate Increase
Posted on Jun 9, 2011 in Corporate Governance, Project Development, Rates | Comments Off on Members of a Texas Cooperative May See 2012 Rate Increase
At its annual meeting, Farmers Electric Cooperative (FEC) announced a probable rate increase in 2012 due to a new natural gas plant and heightened delivery costs associated with a new rail contract for coal. Three directors were also re-elected at the annual meeting, and nuclear power was named FEC’s likely generation resource for the future to serve increasing member demand. The...
Flood Damage to Vermont Coop’s Offices Should Not Raise Rates
Posted on Jun 9, 2011 in Rates, Reliability | Comments Off on Flood Damage to Vermont Coop’s Offices Should Not Raise Rates
Customers of Washington Electric Cooperative (WEC) will not face extra charges to pay for recent flood damage to a WEC office building. WEC representatives stated that damage caused by the May 26 flood waters will primarily be covered by insurance, and customers need not worry about disconnection due to delayed payments or rate increases. The coop is working to mitigate the customer...
Lower Colorado River Authority General Manager Resigns
Posted on Jun 8, 2011 in Uncategorized | Comments Off on Lower Colorado River Authority General Manager Resigns
The general manager of the Lower Colorado River Authority, which has a number of electric cooperatives as customers, has announced his resignation effective July 1. This vacancy may lead to further changes in operations at the LCRA. The Texas Tribune has more details.
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