Washington Electric Cooperatives Consider a Merger
Posted on Apr 9, 2015 in Mergers/Acquisitions | Comments Off on Washington Electric Cooperatives Consider a Merger
Last week, Ralph Rise, the President of the Nespelem Valley Electric (NVE) board of trustees, announced that NVE is in discussions with the Inland Power & Light Company regarding a possible merger. The merger would have to be approved by a member vote. If approved it would join NVE, which serves about 1,500 accounts, with Inland Power & Light, which serves about 39,000...
Appalachian Regional Commission Awards $500,000 Grant to Rural Electric Cooperative for Solar Project
Posted on Apr 9, 2015 in Climate Change, Environmental, Grid & Infrastructure, Innovation/Efficiency, Legislative & Politics, Project Development, Renewable Energy, Technology | Comments Off on Appalachian Regional Commission Awards $500,000 Grant to Rural Electric Cooperative for Solar Project
Virginia Governor Terry McAuliffe recently announced the grant of $500,000 from the Appalachian Regional Commission ARC) to the BARC Electric Cooperative (BARCEC). The grant will help fund a new solar facility and learning center in rural Appalachia. The facility will produce between 250 and 350 kilowatts of electricity—enough to provide power to approximately 60 residential...
Texas Co-op Approves Distributed Generation Initiative
Posted on Apr 8, 2015 in Corporate Governance, Renewable Energy | Comments Off on Texas Co-op Approves Distributed Generation Initiative
The board of directors of Pedernales Electric Cooperative (PEC) has approved a resolution to include initiatives for more distributed generation as part of PEC’s overall business plan. PEC officials have indicated these measures are a response to PEC’s members’ desire for reliable and renewable energy solutions. To read more please click here.
Capacity for Distributed Energy Storage Expected to Increase Dramatically by 2018
Posted on Apr 8, 2015 in Grid & Infrastructure, Project Development, Reliability, Renewable Energy, Technology | Comments Off on Capacity for Distributed Energy Storage Expected to Increase Dramatically by 2018
A recent report by Navigant Research suggests that the capacity distributed energy storage systems (DESS) will grow 10-fold by 2018. Worldwide DESS capacity is expected to grow to 2.4 GW from the current level of 276 MW, and revenues from DESS are expected to be greater than $16.5 billion by 2024. Research indicates the boom is being generated by improved technologies, including...
NRECA Pleased with U.S. Fish and Wildlife Service’s Designation of Northern Long-Eared Bat as “Threatened”
Posted on Apr 3, 2015 in Regulation & Policy | Comments Off on NRECA Pleased with U.S. Fish and Wildlife Service’s Designation of Northern Long-Eared Bat as “Threatened”
The U.S. Fish and Wildlife Service classified the long-eared bat as “threatened” rather than “endangered” allowing electric co-ops to maintain power lines and rights-of-way in the species’ habitat. Had the FWS designated the bat as “endangered” co-ops would have been forced to choose between complying with reliability standards or complying with habitat protection rules. Read more...
South Dakota Legislature Overrides Governor Veto Regarding Coop Taxes
Posted on Apr 1, 2015 in Legislative & Politics, Tax | Comments Off on South Dakota Legislature Overrides Governor Veto Regarding Coop Taxes
South Dakota state lawmakers voted to override Governor Dennis Daugaard’s decision to veto a measure that will slightly reduce taxes for electric cooperatives. The tax plan in question will roll back a recent administrative decision on how state tax for electric cooperatives is determined. The bill will exclude municipal taxes from the calculation of state tax liability. To read...
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