Eversheds Sutherland Coop Law Blog
content top

NRECA Supports Bipartisan Legislation Giving Electric Cooperatives Tax Credit for Retirement Funds

The National Rural Electric Cooperative Association (NRECA) supports The Preserving Employee Retirement Savings Act, introduced by Reps. Brad Schneider, D-Ill., and Mike Kelly, R-Pa., which would grant electric cooperatives a two-year tax credit for up to 20% of their retirement fund costs. The tax credit could generate as much as $100,000 in 2020 and 2021 for each eligible electric...

Grundy Electric Cooperative and Missouri Department of Conservation Partner for Wildlife Projects

Grundy Electric Cooperative is partnering with the Missouri Department of Conservation (MDC) on a project to benefit wildlife habitat and reduce power line right-of-way maintenance costs. Missouri’s rural electric cooperatives must keep trees out of distribution lines that carry electricity from substations to homes and businesses. Under the voluntary Wires Over Wildlife program,...

Basin Electric’s Carbon Storage Study Moves on to Geophysical Survey

Work toward a commercial-scale geological carbon dioxide storage complex near Gillette, Wyoming moved to the next stage today with a geophysical survey covering about 9 square miles of rural land around Basin Electric Power Cooperative’s (Basin) Dry Fork Station power plant. Basin and other partners are working to develop a site near Dry Fork Station and the Wyoming Integrated Test...

Coops Help Install a Microgrid for an Egg Farm

The National Rural Electric Cooperative Association, North Carolina EMC and Tideland EMC have worked in partnership to facilitate installation of a system comprised of a 2 MW solar array, a 2.5 MW battery, backup diesel generation and a controller that will serve the Rose Acre Farms egg farm in Hyde County, NC.

US Department of Commerce Invests $4 Million in Workforce Training Center

US Secretary of Commerce Wilbur Ross recently announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the North Dakota Association of Rural Electric Cooperatives to construct a new lineworker training facility in Mandan, ND. The EDA grant will be matched with more than $1 million in local investment.

SMECO Approved to Offer 100% Green Option for Default Service

The Maryland Public Service Commission, in a 4-1 decision, approved the application of Southern Maryland Electric Cooperative, Inc. (SMECO) to implement a proposed option for SMECO members who take Standard Offer Service the choice to have SMECO make the power supply for their load one hundred percent “green.”

Virginia Coop to Build an Energy Storage Project by 2021

Rappahannock Electric Cooperative has partnered with Energy Point Energy, a Charlottesville-based battery storage development firm, to construct a 2 MW energy storage facility in Spotsylvania County, VA, which is expected to be in operation by early 2021.

North Carolina’s Coops Set a Goal of Zero-Net Carbon by 2050

North Carolina’s 26 electric coops have announced a goal to cut their carbon dioxide emissions in half by 2030 and reach net-zero by 2050. In order to meet this goal, the electric coops plan to utilize advanced technologies that make the electric grid more flexible, efficient and resilient, as well as continuing their use of carbon-free nuclear energy. This effort is part of a larger...

NRECA, DOE Launch Rural Battery Storage Research Projects

The National Rural Electric Cooperative Association (NRECA) this week launched four rural battery storage projects in partnership with five electric cooperatives and the Department of Energy (DOE) Office of Electricity. Projects are being funded in part by DOE and will examine how energy storage systems can improve the resilience of critical infrastructure in rural areas.

Trump Administration Invests $371 Million to Improve Rural Electric Infrastructure in 11 States

The Trump Administration recently announced that the United States Department of Agriculture (USDA) is investing $371 million to build and improve critical electric infrastructure that will benefit more than 222,000 rural residents and commercial customers in 11 states. Specifically, this funding will help build and improve 3,741 miles of line to improve electric reliability and...

« Older Entries