Florida Cooperatives Warn That Repairs Could Take Weeks
Posted on Sep 29, 2022 in Grid & Infrastructure, Natural Disaster | Comments Off on Florida Cooperatives Warn That Repairs Could Take Weeks
As Florida continues to cope with effects of Hurricane Ian, electric cooperatives across the state have begun restoration and repair work after more than 300,000 meters lost power. Withlacoochee River Electric Cooperative let members know by social media post that restorations would be delayed, but that full restoration efforts would begin on Friday morning. Lee County Electric...
Alabama Electric Cooperatives to Use Grant Funds for Broadband Network
Posted on Sep 28, 2022 in Broadband | Comments Off on Alabama Electric Cooperatives to Use Grant Funds for Broadband Network
A new $82.45 million grant will be used by Fiber Utility Network, a corporation formed by eight rural electric cooperatives, to fund broadband expansion efforts in unserved rural areas.
New Climate Law a Game Changer for Electric Cooperatives
Posted on Sep 21, 2022 in Legislative & Politics, Regulation & Policy | Comments Off on New Climate Law a Game Changer for Electric Cooperatives
The Inflation Reduction Act will unlock billions of dollars’ worth of clean energy tax credits previously inaccessible to community-owned electrical cooperatives, as well as $9.7 billion in grants and loans for such cooperatives to purchase or build new clean energy systems.
Brazos Electric Seeks Creditor Approval for $1.4 Billion Bankruptcy Plan Emerging from 2021 Storm Costs
Posted on Sep 14, 2022 in Litigation | Comments Off on Brazos Electric Seeks Creditor Approval for $1.4 Billion Bankruptcy Plan Emerging from 2021 Storm Costs
Brazos Electric Cooperative received the go-ahead from Chief U.S. Bankruptcy Judge David Jones to seek creditor approval for its bankruptcy plan that provides for Brazos to pay $1.4 billion to the Electric Reliability Council of Texas (ERCOT) for costs stemming from February 2021 winter storms. During that time period, Brazos incurred a $2.1 billion bill from ERCOT, almost three times...
AEPCO Purchases Batteries to Provide Members Lower Cost Energy at Peak Demand Times
Posted on Sep 14, 2022 in Energy Storage | Comments Off on AEPCO Purchases Batteries to Provide Members Lower Cost Energy at Peak Demand Times
Arizona Electric Power Cooperative (AEPCO) and Southwest Cooperative Services have purchased three batteries capable of providing 140 megawatt-hours of energy storage for three cooperatives’ distribution systems. Each cooperative will be able to develop its own plan for deploying the batteries to meet their needs. The batteries will permit the cooperatives to distribute their power...
CORE Electric Cooperative Asserts its Right to Withdraw from Comanche Unit 3
Posted on Sep 8, 2022 in Publications | Comments Off on CORE Electric Cooperative Asserts its Right to Withdraw from Comanche Unit 3
CORE Electric Cooperative has asserted its right to withdraw from partial ownership of the Comanche Unit 3 power plant by written notice to Public Service Company of Colorado, a subsidiary of Xcel Energy, Inc.
MEMBERSHIP APPROVES CUSTOMER ARRANGEMENT WITH ELECTRIC COOPERATIVE
Posted on Sep 7, 2022 in Innovation/Efficiency | Comments Off on MEMBERSHIP APPROVES CUSTOMER ARRANGEMENT WITH ELECTRIC COOPERATIVE
Cooperatives Great River Energy and Connexus Energy have entered into a new customer arrangement that will allow Connexus Energy to secure more of its own power supply resources with minimal impact on Great River Energy’s member-owned cooperatives.
DEMCO Launches Dispute Over Coal Plant Overages
Posted on Sep 6, 2022 in Publications | Comments Off on DEMCO Launches Dispute Over Coal Plant Overages
DEMCO is launching a legal fight against its power provider, Cleco, over $30 million in purportedly excessive costs from overpriced electricity generated at the shuttered Dolet Hills Power Station in northwest Louisiana.
COOPERATIVE TO BRING RAIL LINE, JOBS TO IMPOVERISHED AREA
Posted on Sep 1, 2022 in Community Development | Comments Off on COOPERATIVE TO BRING RAIL LINE, JOBS TO IMPOVERISHED AREA
Using economic development incentives awarded by the Pasco County Office of Economic Growth, Withlacoochee River Electric Cooperative plans to build a light industrial park in one of Florida’s poorest areas, providing up to 150 full-time jobs.
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