Patronage Capital Remains Sticking Point for New Mexico Coop
Posted on Aug 9, 2012 in Corporate Governance, Litigation, Patronage Capital | Comments Off on Patronage Capital Remains Sticking Point for New Mexico Coop
As litigation continues between Socorro Electric Cooperative (SEC) and its members, patronage capital appears to be an ongoing sticking point. Coop members want at least $10 million refunded back to them over the next five years and are concerned with how SEC is handling the capital account. Click here for the full story.
Utility Industry Groups Sue Over FERC Demand Rule
Posted on Jul 16, 2012 in Environmental, Grid & Infrastructure, Litigation, Regulation & Policy, Reliability | Comments Off on Utility Industry Groups Sue Over FERC Demand Rule
Utility industry groups are claiming that the Federal Energy Regulatory Commission (FERC) exceeded its regulatory power when it introduced the compensation policy for power demand resources. The final rule allows demand response providers to receive the same compensation as conventional power plants, regardless of the type of power generated. The Electric Power Supply Association...
FERC Transmission Rule Source of Controversy
Posted on Jul 12, 2012 in Financing, Grid & Infrastructure, Innovation/Efficiency, Litigation, Mergers/Acquisitions, Regulation & Policy, Reliability, Renewable Energy | Comments Off on FERC Transmission Rule Source of Controversy
An investor-owned utility association, Edison Electric Institute, has requested that a federal court review the Federal Energy Regulatory Commission’s (FERC) controversial rule meant to spur new transmission investment. The rule requires utilities to create regional plans and a framework for cost allocation. The rule also introduces competitive bidding and new compliance...
Dairyland Power Announces Settlement with Sierra Club and EPA
Posted on Jun 29, 2012 in Environmental, Litigation | Comments Off on Dairyland Power Announces Settlement with Sierra Club and EPA
In a press release, Dairyland Power Cooperative, based in LaCrosse, Wisconsin, outlined the terms of its settlement of alleged emissions violations. Without conceding any violations of law, the coop has agreed to move forward with a number of emission reduction plans. Click here for more.
New Mexico Litigation Involving Coop Moves Forward
Posted on Jun 25, 2012 in Litigation | Comments Off on New Mexico Litigation Involving Coop Moves Forward
A district court judge has allowed the filing of an amended complaint to replace an SEC board of trustees member with two other member-owners in litigation involving Socorro Electric Cooperative. The judge ruled that Carol Auffrey of Quemado and Herbert Myers of Socorro could replace SEC Trustee Charlie Wagner as representatives of the class in the countersuit despite protests that...
Surface Transportation Board Denies Coop’s Challenge of Shipping Rates
Posted on May 23, 2012 in Litigation, Rates | Comments Off on Surface Transportation Board Denies Coop’s Challenge of Shipping Rates
The Surface Transportation Board (STB) has declined to order two railroad carriers to charge a single shipping rate as requested by Arizona Electric Power Cooperative. In 2011, the STB issued an opinion in favor of the coop, finding that the railroad companies, BNSF Railway Company and Union Pacific Railroad Company, had charged unreasonable rates. The full text of the most recent...
Lake Worth Approves Settlement with Florida Coop
Posted on May 16, 2012 in Legislative & Politics, Litigation | Comments Off on Lake Worth Approves Settlement with Florida Coop
Lake Worth City Commissioners approved an $850,000 settlement on Tuesday to end the city’s lawsuit against the Florida Municipal Power Agency. The settlement must still be accepted by FMPA, the Orlando-based power cooperative that supplies electricity to Lake Worth Utilities. The dispute arose from gas-transmission fees that FMPA quit paying in 2009 after the City Commission...
Florida Coop and City Utility to Consider $850,000 Settlement
Posted on May 16, 2012 in Litigation | Comments Off on Florida Coop and City Utility to Consider $850,000 Settlement
Florida Municipal Power Agency, an Orlando-based power coop that supplies electricity to City of Lake Worth, has proposed a $850,000 settlement with Lake Worth to end a dispute over natural gas transmission fees. The city board will consider the settlement at its next meeting. Click here for more information.
Update on American Municipal Power Lawsuit
Posted on May 10, 2012 in Litigation, Project Development | Comments Off on Update on American Municipal Power Lawsuit
American Municipal Power, Inc., an Ohio coop, sued a company last year for breach of contract and two torts, seeking $97 million in damages per claim. The suit alleges that Bechtel Power Corp. lowballed its estimate of the construction costs for a coal-fired supercritical power plant in Ohio by more than $1 billion, and then unexpectedly raised its estimate by $1 billion, forcing the...
Colorado Coop Sues EPA Over New Emissions Standards
Posted on Apr 23, 2012 in Climate Change, Environmental, Grid & Infrastructure, Litigation, Regulation & Policy | Comments Off on Colorado Coop Sues EPA Over New Emissions Standards
Tri-State Generation and Transmission Association, Inc. has filed suit in the U.S. Court of Appeals for the District of Columbia Circuit, challenging the U.S. Environmental Protection Agency’s new mercury and air-toxics emissions standards for coal-fired power plants. The coop, Colorado’s second-largest power utility, serves some 1.5 million customers in Colorado, New Mexico,...
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