Eversheds Sutherland Coop Law Blog
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Two Hawaiian Islands Consider Possibility of Creating a Coop

The governments of the islands of Maui and Molokai in Hawaii are considering creating a new coop or municipal utility.  A representative said that Maui County Mayor Alan Arakawa has stated that his preference is to continue working with Maui Electric Co. (MECO), a subsidiary of Hawaiian Electric Co.  However, the county may try to form a municipal utility if MECO does not upgrade its...

Coops Gain Exemption From CFTC Regulations

The Commodity Futures Trading Commission (CFTC) voted unanimously on March 28 to exempt electric coops from certain regulations under the financial reform laws.  Specifically, certain non-financial energy derivative transactions between and among coops and municipal utilities, federal power agencies, federal entities with electric assets, and Indian tribes will be exempt from most of...

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