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U.S. Representatives Continue Pressing EPA on Utility Regulations

The Republican chairs of the House Energy and Commerce Committee sent another letter to the Environmental Protection Agency demanding another accounting of the compliance costs associated with the Utility Maximum Achievable Control Technology (Utility MACT) rule.  The Utility MACT rule requires power plant operators to reduce toxic air emissions by some 90 percent over the next three...

Grand Canyon State Electric Coop Association CEO Testifies on Federal Policies

Tom Jones, CEO of Arizona’s Grand Canyon State Electric Coop Association (GCSECA), warned that proposed regulations may significantly increase energy prices for coops in the region when he recently addressed the Committee on House Natural Resources Subcommittee on Water and Power regarding the U.S. Environmental Protection Agency’s proposed federal regulations governing the disposal of...

Georgia Coop Shines in Solar Rankings

Blue Ridge Mountain Electric Membership Corporation placed second in the nation in the category of annual solar watts delivered per customer.  These rankings are compiled by the trade group Solar Electric Power Association.  Solar power did well in 2011, compared to 2010, and new solar capacity jumped 120 percent as utilities interconnected more than 62,500 photovoltaic systems.  Read...

Lawmakers Press for Details on EPA Proposal to Cap Emissions

On Thursday, Representatives Fred Upton and Ed Whitfield sent a letter to EPA Administrator Lisa Jackson asking a host of questions regarding the agency’s Carbon Pollution Standard for New Power Plants as well its plans for future regulations on utilities.  In March, the EPA released a proposal to set the country’s first-ever limits on greenhouse gas emissions from new...

With Help of CFC, Texas Coop Secures $115 Million in Financing for Renewable Projects

The National Rural Utilities Cooperative Finance Corporation (CFC) recently helped Nacogdoches, Texas-based East Texas Electric Cooperative (ETEC) secure $115 million through a syndicated credit facility.  CFC and Regions Bank, based in Birmingham, Alabama, participated in a four-year, unsecured revolving credit transaction in which CFC will serve as the administrative agent.  ETEC...

Hoosier Energy to Shutter Coal-Fired Plant in 2015

Hoosier Energy, a cooperative based in Bloomington, Indiana, will retire a 250-MW coal-fired plant in Petersburg, Indiana, in 2015.  Hoosier explained that the costs associated with new and proposed U.S. Environmental Protection Agency rules motivated the company to close the plant.  Additional details may be found here.

Carbon Dioxide Rules Unlikely to Affect Coop Credit Quality

According to a report from Standard & Poor’s Research (S&P), the proposed U.S. Environmental Protection Agency (EPA) restrictions on carbon dioxide emissions from new coal plants are unlikely to affect the credit quality of electric cooperatives.  The EPA has proposed new emissions restrictions that will require modification at some coal-fired plants.  The S&P report...

House Committee Blocks Funding for Energy Department Plans for PMAs

On April 25, the House Appropriations Committee approved by voice vote an amendment to the fiscal 2013 Energy and Water spending bill that blocks funding for proposed changes that would affect power marketing administrations (PMAs) and their customers.  In testimony before the House Committee, NRECA CEO Glenn English raised concerns that the proposed plans would impose high costs on...

Kansas Coop Customers See Green for Being Green

The Heartland Rural Electric Cooperative is kicking off a program to encourage its customers to save power during the summer peak season.  The Peak Savers Program will pay customers $1 for every kilowatt-hour saved during peak hours between July and August.  The coop tested this program with a small group last year, but more than 1,000 customers are expected to participate this...

Colorado Coop Sues EPA Over New Emissions Standards

Tri-State Generation and Transmission Association, Inc. has filed suit in the U.S. Court of Appeals for the District of Columbia Circuit, challenging the U.S. Environmental Protection Agency’s new mercury and air-toxics emissions standards for coal-fired power plants.  The coop, Colorado’s second-largest power utility, serves some 1.5 million customers in Colorado, New Mexico,...

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