Coops Merge in Tennessee and Kentucky
Posted on Nov 20, 2015 in Grid & Infrastructure, Mergers/Acquisitions, Rates | Comments Off on Coops Merge in Tennessee and Kentucky
Members of Tennessee-based Gibson Electric Membership Corporation recently voted to approve a merger with Kentucky-based Hickman-Fulton Counties Rural Electric Cooperative. Gibson EMC president and CEO Dan Rodamaker reported that all employees would retain their jobs. The merger will save Hickman-Fulton members approximately $12.6 million over the next 10 years.
Coops Protest Hydro-Power Rates
Posted on Nov 3, 2015 in Legislative & Politics, Rates, Regulation & Policy, Renewable Energy | Comments Off on Coops Protest Hydro-Power Rates
Following concerns raised by Arizona’s rural electric cooperatives, Arizona Sens. John McCain and Jeff Flake have sent a letter to the U.S. Department of Energy questioning higher rates charged by the Western Area Power Administration (WAPA). Arizona’s Generation and Transmission Cooperatives were hit with a $1.5 million increase in WAPA rates between the beginning of 2013 and the end...
Coops Challenge Clean Power Plan
Posted on Oct 26, 2015 in Environmental, Legislative & Politics, Litigation, Rates, Regulation & Policy, Renewable Energy | Comments Off on Coops Challenge Clean Power Plan
NRECA and dozens of electric cooperatives have filed suit challenging the EPA’s Clean Power Plan (Plan). The Plan was published in the Federal Register and, therefore, became open to legal challenge on October 23 and is set to take effect on December 23.
Settlement Reached Capping Utah Plant’s Coal Consumption
Posted on Oct 23, 2015 in Environmental, Litigation, Permitting, Rates | Comments Off on Settlement Reached Capping Utah Plant’s Coal Consumption
The Environmental Protection Agency, Deseret Power Electric Cooperative and the Sierra Club and WildEarth Guardians reached a settlement regarding the 500-megawatt Bonanza Power Plant in northeast Utah. The settlement calls for new pollution controls to be installed while being subjecting the plant to an eventual lifetime limit on the plant’s coal consumption. Deseret has...
Cross-State Coop Merger in the Works
Posted on Oct 19, 2015 in Corporate Governance, Mergers/Acquisitions, Rates | Comments Off on Cross-State Coop Merger in the Works
Customer-members of Kentucky’s Hickman Fulton Counties Rural Electric Cooperative Corporation recently voted in favor of approving a merger with Tennessee’s Gibson Electric Membership Corporation. Gibson Electric’s customer-members will vote on the merger at a November 17 special meeting.
City of Bushnell Attempting to Purchase SECO’s Electric Territory
Posted on Oct 9, 2015 in Mergers/Acquisitions, Rates | Comments Off on City of Bushnell Attempting to Purchase SECO’s Electric Territory
Despite resistance from Sumter Electric Cooperative (SECO), the city of Bushnell (City) is attempting to exercise an option at the end of its 30-year lease to buy SECO’s substation, power lines and territory to prepare for future growth. The purchase would allow the City’s electric utility to grow because its electric system is surrounded by SECO’s electric territory and almost...
Eighth Circuit Upholds FERC Rule on Coop Avoided Cost Rates
Posted on Oct 8, 2015 in Rates, Regulation & Policy, Renewable Energy | Comments Off on Eighth Circuit Upholds FERC Rule on Coop Avoided Cost Rates
The U.S. Court of Appeals for the Eighth Circuit has upheld the long-standing determination by the Federal Energy Regulatory Commission (FERC) that the avoided cost rate paid by a distribution cooperative for energy purchased from a qualifying cogeneration or small power production facility (QF) is the same as the avoided cost rate of the distribution coop’s generation and transmission...
Colorado Coop Institutes New Charge for Solar Customers
Posted on Oct 7, 2015 in Corporate Governance, Rates, Renewable Energy | Comments Off on Colorado Coop Institutes New Charge for Solar Customers
The board of Colorado-based cooperative Intermountain Rural Electric Association (IREA) recently voted to institute a new charge on customers that rely on solar power during the day and IREA at night. The new charge, called a “Load Factor Adjustment” is meant to recover costs of service from IREA customers with solar panels that sell excess power to IREA by way of net metering. The...
Mississippi Considers Net Metering
Posted on Oct 6, 2015 in Rates, Regulation & Policy, Renewable Energy | Comments Off on Mississippi Considers Net Metering
The Mississippi Public Service Commission (Commission) is considering a plan to mandate that utilities pay solar panel owners for power they generate. Electric cooperatives, which serve 767,000 Mississippi customers, argue the Commission can’t legally force them to adopt net metering.
Hawaii Coop to Offer Daytime Discounts
Posted on Oct 5, 2015 in Energy Savings Programs, Innovation/Efficiency, Rates, Renewable Energy | Comments Off on Hawaii Coop to Offer Daytime Discounts
Kauai Island Utility Cooperative (KIUC) is planning to roll out the pilot version of a program that would discount customer-members’ rates for electricity used during the day. KIUC has identified 300 residential customers whose rates between 9 a.m. and 3 p.m. would be shaved by 25 percent. The innovative concept, which may initially appear counterintuitive when compared to off-peak...
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