Eversheds Sutherland Coop Law Blog
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Mississippi Law Allows Coops to Pursue Broadband

A new Mississippi law expands a coop’s authority to pursue broadband through an affiliate that is separate from its electric service. The law will allow a coop to hang broadband fiber on its existing power poles and lease it to the affiliate. Alternatively, the affiliate can partner with an internet provider to pursue the...

S&P Releases 2019 Outlook for Power Utilities and Electric Cooperatives

An S&P Global Ratings report forecasts that, despite significant technological, regulatory and economic uncertainties in 2019, power utilities and electric cooperatives are likely to maintain their financial strength, on the...

USDA Loans $398.5 Million Dollars to Cooperatives for Infrastructure Improvements

The U.S. Department of Agriculture (USDA) is investing $398.5 million dollars through the Electric Infrastructure Loan Program to improve rural electric service in 13 states.

Arkansas Cooperative Qualifies for $21 Million Dollar Loan

North Arkansas Electric Cooperative has qualified for a $21 million dollar loan from the Electric Infrastructure Loan Program, and it intends to use the funds to add 82 miles of transmission lines in addition to other improvements.

Electric Trade Associations Address Inquiry Regarding Protecting the U.S. Electric Grid

The National Rural Electric Cooperative Association joins two other U.S. trade associations in the electric industry in a letter response to U.S. Senator Edward Markey’s inquiry regarding security responses to cybersecurity threats to the nation’s electric...

How Clean Power Plan Replacement Affects Coops

The Environmental Protection Agency has unveiled its proposal to replace the Clean Power Plan with a more flexible rule governing carbon dioxide emissions that is expected to reduce compliance costs for coal-based generation. This proposal is known as the Affordable Clean Energy rule, and it should provide cooperatives with the certainty and flexibility needed to meet their...

Legal Alert: SEC Adds Two New Disclosure Events to Rule 15c2-12

On August 20, 2018, the US Securities and Exchange Commission (SEC) adopted amendments to Rule 15c2-12 under the Securities Exchange Act of 1934 that require additional disclosure related to the material financial obligations of municipal issuers and conduit borrowers. View the full legal...

NRECA Joins Groups Advocating Continuation of MATS

The National Rural Electric Cooperative Association (NRECA), along with six other advocating groups, requested that the Environmental Protection Agency complete the statutorily mandated Residual Risk and Technology Review (RTR) for power plants under Section 112 of the Clean Air Act as expeditiously as possible and leave the underlying Mercury and Air Toxics Standards (MATS) in place...

NRECA Indicates Concern With Senate Farm Bill

The CEO of the National Rural Electric Cooperative Association (NRECA), Jim Matheson, has expressed concerns regarding certain alterations to the current rural electrification funding program proposed by the Senate’s Farm Bill. Matheson has encouraged the Senate, in particular, to reconsider their approach toward escrow accounts for rural...

Coops Oppose PMA Privatization Proposal

The National Rural Electric Cooperative Association has released a statement opposing the proposal to sell Power Marketing Administration (PMA) transmission assets, stating that “[m]ore than 600 electric coops rely on PMAs for access to low-cost, hydroelectric...

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