Oklahoma Governor Seeks to Replenish Emergency Fund – Pay Back Coops
Posted on Aug 16, 2011 in Economic Downturn, Legislative & Politics | Comments Off on Oklahoma Governor Seeks to Replenish Emergency Fund – Pay Back Coops
After responding to various extreme weather events, cities, towns, and counties as well as certain electric coops are due reimbursement from the Oklahoma Emergency Fund. However, a lack of funding has left reimbursements unpaid since January 1, 2007. Electric coops are due approximately $20 million, and Governor Mary Fallin said she hopes state lawmakers will start replenishing the...
Florida Public Service Commission Rules against Choctawhatchee Electric Cooperative in Service Dispute
Posted on Aug 10, 2011 in Legislative & Politics, Litigation | Comments Off on Florida Public Service Commission Rules against Choctawhatchee Electric Cooperative in Service Dispute
The Florida Public Service Commission voted unanimously against awarding the right to serve a new mixed-use development in the Florida panhandle to Choctawhatchee Electric Cooperative. Instead, the Commission awarded the right to serve the development to Gulf Power Company, part of Southern Company. The Northwest Florida Daily News has the rest of the story.
Barnstable County Seeks Information from Cape and Vineyard Electric Cooperative
Posted on Aug 1, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Barnstable County Seeks Information from Cape and Vineyard Electric Cooperative
The Barnstable County Assembly of Delegates, the county’s legislative branch, will have to retake a vote to look into the Cape and Vineyard Electric Cooperative (CVEC) after the county’s legal counsel explained that the earlier vote was not binding because it was not a true majority vote. The assembly wants to form a special panel to specifically investigate CVEC’s administrative...
Copper Thefts on the Rise, New Laws May Result in New Hampshire
Posted on Jul 25, 2011 in Economic Downturn, Legislative & Politics | Comments Off on Copper Thefts on the Rise, New Laws May Result in New Hampshire
New Hampshire may adopt a new law that would require salvage businesses, such as scrap metal companies, to obtain driver’s license information from anyone attempting to sell copper. Copper thefts are on the rise in New Hampshire, and three separate incidents occurred in the last five weeks. State-level oversight would promote uniformity because current local ordinances (if any) vary on...
Proposed Derivatives Rules Designed for Wall Street May Apply to Coops
Posted on Jul 22, 2011 in Financing, Legislative & Politics, Regulation & Policy | Comments Off on Proposed Derivatives Rules Designed for Wall Street May Apply to Coops
In a hearing before the House Committee on Agriculture, a number of Representatives questioned the chairman of the Commodity Futures Trading Commission about the scope of proposed derivatives rules under Dodd-Frank. Despite the chairman’s assurances, many fear that coops and utilities will be regulated as swap dealers under the proposed rules. Law 360 has the full story...
House Committee Blocks EPA Regulations
Posted on Jul 18, 2011 in Environmental, Legislative & Politics | Comments Off on House Committee Blocks EPA Regulations
The House Energy and Commerce Committee voted on July 13 to advance legislation to block the Environmental Protection Agency from regulating coal ash as a hazardous waste. The same committee voted just days earlier to delay implementation of two major EPA rules. The first rule would require utilities to use maximum achievable control technology on their units to reduce emissions of...
Coops Affected by Dodd-Frank Federal Risk-Based Pricing Rule
Posted on Jul 12, 2011 in Legislative & Politics | Comments Off on Coops Affected by Dodd-Frank Federal Risk-Based Pricing Rule
As of July 21, a provision in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act adds new disclosures to the federal risk-based pricing rule notices that creditors must provide. Coops will be subject to this rule if they use a consumer credit report — either a numeric score or a rating partially based on a score — in connection with an application for electric service...
Tennessee Includes Utility Vehicles in its Move Over Law
Posted on Jul 5, 2011 in Legislative & Politics | Comments Off on Tennessee Includes Utility Vehicles in its Move Over Law
Tennessee’s extended Move Over law became effective July 1, 2011. This law now includes electric and other utility vehicles in the already existing protections for police, fire and highway construction vehicles. This means that, effective July 1, motorists approaching a utility vehicle with flashing lights are required to move over to the extent it is safe to do so, creating an...
Coop Vice President Testifies on Impact of Proposed EPA Regulations
Posted on Jul 1, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Coop Vice President Testifies on Impact of Proposed EPA Regulations
Ms. Barbara Walz, the senior vice president for policy and environmental issues at Tri-State Generation and Transmission Association, Inc., testified to the U.S. Senate Environment and Public Works Committee on Thursday about the impact of proposed EPA pollution regulations on her organization. Tri-State, based in Colorado, is a member-owned electric coop. Ms. Walz argued that the...
Commodity Futures Trading Commission Delays Energy Swap Rules
Posted on Jun 22, 2011 in Legislative & Politics | Comments Off on Commodity Futures Trading Commission Delays Energy Swap Rules
The Commodity Futures Trading Commission voted to delay the effectiveness of “self-executing” provisions under the Dodd-Frank Act until as late as December 31 or until the agency has finalized corresponding rules. Electric Co-op Today has more on this story.
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