South Carolina Coop to Sell Security Company
Posted on Jul 23, 2013 in Mergers/Acquisitions | Comments Off on South Carolina Coop to Sell Security Company
Palmetto Electric Cooperative plans to sell Palmetto Security Systems on August 1 to the company’s former vice president. The coop board decided to sell the security company to focus on the coop’s core mission of providing electricity, according to a news release. Existing accounts will be served by a new company under the same name. For more information, click here.
“NIMBY” Case Heads to Court
Posted on Jul 23, 2013 in Grid & Infrastructure, Land Use, Litigation | Comments Off on “NIMBY” Case Heads to Court
A case between a wealthy North Carolina video game developer, Tim Sweeney, and the Rutherford Electric Membership Corporation (Rutherford) is headed to court on August 12. Sweeney claims that his land will lose $10.6 million in value if the coop runs a power line through it as planned. The trial will focus on whether Rutherford needs to build the 12-mile line and whether there are...
FERC Rolls Back Electric Reliability Obligations for Small Coops
Posted on Jul 23, 2013 in Grid & Infrastructure, Regulation & Policy, Reliability | Comments Off on FERC Rolls Back Electric Reliability Obligations for Small Coops
In what is being heralded as a large first step in the small coop community, the Federal Energy Regulatory Commission (FERC) has rejected the North American Electric Reliability Corporation’s (NERC) finding that a small, rural electric cooperative should be subject to mandatory electric reliability regulations. The order, involving the South Louisiana Electric Cooperative Association...
South Canal Hydro Project Goes Online in Colorado
Posted on Jul 23, 2013 in Environmental, Grid & Infrastructure, Innovation/Efficiency, Renewable Energy, Technology | Comments Off on South Canal Hydro Project Goes Online in Colorado
Colorado-based Delta-Montrose Electric Association (DMEA) brought its South Canal Hydro project online in late June. The project was funded by the National Rural Utilities Cooperative Finance Corporation with $22 million in New Clean Renewable Energy Bonds (CREBs), and it will divert flow to generate an estimated 27 million kWh annually. Click here for more details on this...
Power Provider Meets Opposition from ACC
Posted on Jul 23, 2013 in Innovation/Efficiency, Rates, Regulation & Policy | Comments Off on Power Provider Meets Opposition from ACC
Mohave Electric Cooperative’s (MEC) power supplier, Arizona Electric Power Cooperative, Inc. (AEPCO), is seeking a rate decrease for its customers but has encountered opposition from consultants hired by the Arizona Corporation Commission (ACC), which must approve all rate increases or decreases. MEC Chief Executive Officer Tyler Carlson has testified before the commission in support...
Wyoming Coop Set to Expand Into Colorado
Posted on Jul 18, 2013 in Grid & Infrastructure, Project Development | Comments Off on Wyoming Coop Set to Expand Into Colorado
High West Energy, Inc. plans to build a $7.3 million transmission line into Colorado to serve a large gas processing facility. The project will open up new opportunities in the surrounding area, including the potential for additional large-scale industrial customers. For more information, click here.
Trash-Burning Plant Does Not Count Toward Renewable Standard
Posted on Jul 18, 2013 in Environmental, Litigation, Regulation & Policy, Renewable Energy | Comments Off on Trash-Burning Plant Does Not Count Toward Renewable Standard
An Arizona court has overturned an Arizona Corporation Commission (ACC) decision finding that a trash-burning power plant counts toward state renewable energy goals. Mohave Electric Cooperative proposed to build the plant near Phoenix as part of its effort to obtain 15 percent of its electricity from renewable resources by 2025. The ACC may appeal the decision. Click here for the...
Kentucky Coop Proposes Innovative Solution to Air Emission Standards
Posted on Jul 18, 2013 in Environmental, Innovation/Efficiency, Regulation & Policy, Technology | Comments Off on Kentucky Coop Proposes Innovative Solution to Air Emission Standards
East Kentucky Power Cooperative (EKPC) plans to install ductwork to tie a scrubber between two coal-fired generation units at the Cooper Station plant. Rather than install separate scrubbers or convert to natural gas, the $15 million tie proposal will provide an affordable alternative that effectively meets new air quality regulations. EKPC plans to have the tie in operation by...
USDA Announces Latest Round of Funding for Rural Electric Projects
Posted on Jul 18, 2013 in Financing, Grid & Infrastructure, Innovation/Efficiency, Regulation & Policy, Technology | Comments Off on USDA Announces Latest Round of Funding for Rural Electric Projects
The U.S. Department of Agriculture (USDA) recently announced more than $188 million in loan guarantees to upgrade the rural electric grid, including more than $18 million for smart grid initiatives. This latest round of funding is part of a larger USDA effort to improve the reliability and affordability of rural electric service. Click here for the full story.
NRECA Endorses Bipartisan Legislation Enabling Cooperatives to Continue to Offer Pensions
Posted on Jul 17, 2013 in Legislative & Politics, Regulation & Policy | Comments Off on NRECA Endorses Bipartisan Legislation Enabling Cooperatives to Continue to Offer Pensions
The National Rural Electric Cooperative Association (NRECA) has endorsed the proposed bipartisan Cooperative and Small Employer Charity Pension Flexibility Act of 2013 that would make it easier for cooperatives to continue to offer pensions to their employees. The proposed legislation would ensure that cooperatives, along with charitable associations, are not subject to the funding...
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