Carroll Electric Cooperative Amends Bylaws to Prohibit Class Action Suits by Members
Posted on Nov 28, 2011 in Corporate Governance, Derivative Suits | Comments Off on Carroll Electric Cooperative Amends Bylaws to Prohibit Class Action Suits by Members
Carroll Electric Cooperative Corporation (CECC) recently amended its bylaws to prohibit class action litigation against it by its members; the amended bylaws require members to bring disputes to arbitration. CECC’s board approved these amendments while the merits of a complaint initiated by Gordon Watkins and Dane Schumacher on behalf of coop members is being considered by the...
Southern Montana Electric to Continue Receiving Power During Restructuring
Posted on Nov 23, 2011 in Uncategorized | Comments Off on Southern Montana Electric to Continue Receiving Power During Restructuring
Southern Montana Electric Generation & Transmission Cooperative, which filed for bankruptcy protection in October, will continue receiving power from its suppliers. U.S. Bankruptcy Judge Ralph Kirscher approved agreements that will keep power flowing to the Billings-based coop. NorthWestern Energy, PPL EnergyPlus, and the Western Area Power Administration have all...
Coops Can Use GPS Technology to Fight Copper Theft
Posted on Nov 23, 2011 in Grid & Infrastructure, Technology | Comments Off on Coops Can Use GPS Technology to Fight Copper Theft
Withlacoochee River Electric Cooperative recently used a global positioning device to fight copper theft. Deputies in Pasco County, Florida used a global positioning device to find a roll of copper that was stolen from the coop’s substation. Deputies tracked the culprits to a nearby home using a $420 GPS unit that was hidden in the $320 copper roll. The St. Petersburg Times has...
Georgia Coop Moves Forward with New Plant
Posted on Nov 23, 2011 in Permitting, Project Development | Comments Off on Georgia Coop Moves Forward with New Plant
The Georgia Environmental Protection Division has re-issued a final air permit to Power4Georgians, an Electric coop consortium, for the coop’s 850-megawatt, supercritical coal-fired Plant. The planned $2.1 billion coal-fired power station is expected to take approximately four years to complete and will be built near Sandersville, Georgia. PennEnergy.com has the full story.
Coop to Receive $63 Million in Reparations from Railway
Posted on Nov 23, 2011 in Litigation, Rates | Comments Off on Coop to Receive $63 Million in Reparations from Railway
Arizona Electric Power Cooperative won an estimated $63 million in rate reductions and reparations Tuesday after the US Surface Transportation Board found that BNSF Railway and Union Pacific overcharged the coop for coal shipments. The ruling by the STB, which is the regulatory agency charged with resolving freight railroad disputes, is a rare victory for coops who have watched coal...
Sierra Club and Wisconsin Coop in Settlement Talks
Posted on Nov 21, 2011 in Environmental, Litigation | Comments Off on Sierra Club and Wisconsin Coop in Settlement Talks
The Sierra Club announced that it is in the process of negotiating a settlement with Dairyland Power Cooperative. The environmental group sued the coop last year, alleging that the coop failed to install the required pollution controls on its two coal-fired plants in Alma when it made upgrades to the plants from 1993-2009. To read more about the lawsuit and potential settlement...
North Dakota Coal Regulation Controversy Continues
Posted on Nov 21, 2011 in Environmental, Rates, Regulation & Policy | Comments Off on North Dakota Coal Regulation Controversy Continues
Two North Dakota coops and environmental groups have presented widely divergent estimates of the cost to retrofit two coal-powered plants under new proposed federal pollution rules. According to the analysis commissioned by the Sierra Club and the National Parks Conservation Association, Minnkota Power Cooperative consumers would face a 10.3 percent rate increase, and Basin Electric...
Coops Must Obtain Additional Permits to Spray Pesticides and Herbicides Under New EPA Regulations
Posted on Nov 18, 2011 in Environmental, Regulation & Policy | Comments Off on Coops Must Obtain Additional Permits to Spray Pesticides and Herbicides Under New EPA Regulations
With legislative efforts to reevaluate the regulations making little progress in Congress, the new EPA regulations went into effect on November 1. These regulations require permits in addition to those already required under the Federal Insecticide, Fungicide, and Rodenticide Act. According to an NRECA spokesperson, coops will continue to seek a legislative solution. Electric...
Legal Challenge of Clean Water Act Permit for Arkansas Coal Plant Moves Forward
Posted on Nov 18, 2011 in Environmental, Litigation, Project Development | Comments Off on Legal Challenge of Clean Water Act Permit for Arkansas Coal Plant Moves Forward
On November 16, a federal judge ruled that several environmental organizations had standing to challenge the issuance of a Clean Water Act permit to the John W. Turk Power Plant under construction in southwestern Arkansas. The judge also ruled that even though construction of the coal plant is nearly complete, the environmentalist’s challenge is not moot. This is the most recent...
Delaware Electric Cooperative Bid Declined for Electric Distribution System
Posted on Nov 17, 2011 in Grid & Infrastructure, Mergers/Acquisitions | Comments Off on Delaware Electric Cooperative Bid Declined for Electric Distribution System
Delaware-based Lewes Board of Public Works has rejected a $16 million bid by Delaware Electric Cooperative to purchase the board’s electric distribution system. In rejecting the offer, the Lewes board said it wished to retain the ability to exercise control over rates and to make decisions related to the reliability of its electric service. The Lewes board is still considering an...
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