Eversheds Sutherland Coop Law Blog
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Sequestration to Cause CREBs Payments to be Reduced by 8.7%

The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the Budget Control Act of 2011.  Interest subsidy payments for New Clean Renewable Energy Bonds (New CREBs) are among the federal programs impacted by sequestration. ...

Sequestration to Cause CREBs Payments to be Reduced by 8.7%

The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the Budget Control Act of 2011.  Interest subsidy payments for New Clean Renewable Energy Bonds (New CREBs) are among the federal programs impacted by sequestration. ...

Copper Theft Continues to Impact Coops

Ongoing international demand for copper could result in another rise in copper prices, followed by a rise in copper theft, according to Maurice Martin, a program manager at NRECA’s Cooperative Research Network.  Coops like Missouri-based N.W. Electric Power Cooperative, Inc. have tried multiple ways to thwart copper theft.  For example, Northwest long ago switched to tin-coated...

Cobb EMC to Purchase Power from New Solar Project

Cobb Electric Membership Corporation has entered into a 25-year power purchase agreement with Dominion to purchase power from a solar project near Augusta, Georgia.  Dominion recently acquired the development project, which will produce approximately 7.7 megawatts using photovoltaic technology.  The project is expected to begin commercial operations on December 1. 2013.  To read more,...

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