Eversheds Sutherland Coop Law Blog
content top

Iowa Cooperative Announces Plans for Solar Farm

Central Iowa Power Cooperative has announced plans for a huge solar farm in eastern Iowa. The project will deliver 100 megawatts of power starting in 2022.
Continue Reading

NRECA Reacts to Biden Infrastructure Plan

As the Treasury Department writes rules to govern the funds to be dispersed to state and local governments under the American Rescue Plan, the National Rural Electric Cooperative Association (NRECA) is resisting efforts by some large telecommunications companies to place restrictions that it argues would harm regions without adequate broadband access. The Plan includes $219 billion for states and $130 billion for local governments that can be used for broadband, and another $10 billion for new capital projects.
Continue Reading

Georgia EMC Partners to Expand Broadband

Washington EMC, a Georgia electric cooperative, will form a new partnership with Conexon Connect to provide high-speed fiber internet to more than 12,000 homes and businesses in 10 middle Georgia counties. Georgia’s Governor Brian Kemp was on site in Washington County, Georgia to make the announcement.
Continue Reading

Electric Coop Leaders Convene Virtual Fly-ins

More than 1,500 electric cooperative CEOs and other coop representatives will take coop priorities to Capitol Hill April 19-23 for the National Rural Electric Cooperative Association’s (NRECA) Legislative Conference and congressional visits. The conference and meetings with lawmakers will be conducted virtually. Coop leaders will highlight three priorities during the congressional visits: (1) refinancing Rural Utilities Service loans, (2) rural broadband, and (3) comparable tax credits for energy innovation.
Continue Reading

Vermont Electric Cooperative Pledges To Be Carbon-free by 2023

Vermont Electric Cooperative, Vermont’s largest member-owned electric utility, has pledged to move to a 100% carbon-free power supply by 2023. The electric cooperative said the carbon-free decision was made by the board of directors to reflect customer demand for clean energy and to meet state goals to fight climate change. The coop serves about 32,000 members in 75 communities in northern Vermont.
Continue Reading

NRECA Expresses Concerns Regarding Expected Timing for Notices of Defaults in the Rural Digital Opportunity Fund Auction

The National Rural Electric Cooperative Association (NRECA) made a request on April 1 to the Federal Communications Commission (FCC) urging the FCC to publicly announce defaults by winning bidders in the Rural Digital Opportunity Fund Auction (RDOF), so that unserved rural communities can pursue other public broadband resources. Without timely public notices of such defaults, rural areas no longer covered by the RDOF may be ineligible for other existing and forthcoming federal, state and local rural broadband programs.
Continue Reading

Colorado Coop’s Empower Program Helps Make Energy Efficiency Affordable

An electric cooperative in Colorado is bundling its energy-efficiency programs and many of its consumer services under a single brand and making them available to those working or living near its service territory. Specifically, San Isabel Electric Association’s Empower Program aims to identify qualified contractors and suppliers of proven products and helps find ways to finance improvements and upgrades for its members and others who live and work in southern Colorado.
Continue Reading

New York Cooperative Enters into Purchase Agreement

Tri-County Rural Electric Cooperative (Tri-County) entered into an asset purchase agreement to acquire the Waverly, NY electric distribution assets of Pennsylvania Electric Co. (Penelec). Tri-County intends to add Penelec’s customers in Waverly to its cooperative membership upon completion of the acquisition.
Continue Reading

NRECA Reacts to Biden Infrastructure Plan

In a statement released Wednesday, the National Rural Electric Cooperative Association (NRECA) announced it was encouraged to see electric coop priorities reflected in President Biden’s infrastructure proposal. Select provisions that will benefit coops and their customer-members are $100 billion to update the nation’s energy grid and expand existing transmission infrastructure, and $15 billion for energy demonstration projects, including utility-scale battery storage, carbon capture and storage, and advanced nuclear energy.
Continue Reading

Cobb EMC Announces 2030 Clean Energy Goals

Over the last decade, Cobb EMC has been investing in smart, renewable energy technology for its members and is on schedule to attain its clean energy goals by 2030. The installation of rooftop solar panels on campus, the completion of a Solar Flower Garden, the activation of battery storage, and additional utility-scale solar later this year are all keeping Cobb EMC’s sustainability goals on track.
Continue Reading

Electric Coop Ranks With Top Innovative Businesses

BARC Electric Cooperative was named the seventh most innovative company in North America in 2021 by Fast Company, the media firm that ranks advancements across all sectors worldwide. Serving nearly 13,000 members in Virginia’s Shenandoah Valley region, Millboro-based BARC is the first electric coop bestowed the honor.
Continue Reading

Tennessee Valley Authority to Build Kentucky’s Largest Solar Site

The Tennessee Valley Authority (TVA) announced plans last Thursday to build the largest solar-plus-storage project in its Kentucky service area. The new Logan County solar farm, part of the TVA’s Green Invest program, will provide Facebook’s regional data center operations with 145 megawatts of solar power and General Motors’ Corvette Plant in Bowling Green with 28 megawatts of solar power. Facebook’s investment helped enable the addition of 120 megawatt-hours of new battery storage technology which will increase the resilience of the power grid. TVA and Warren Rural...
Continue Reading

RUS Loan Repricing Bill Reintroduced

A bipartisan group of legislators reintroduced the Flexible Financing for Rural America Act this week. The law would permit electric coops to reprice loans from the U.S. Department of Agriculture’s Rural Utilities Service (RUS) at current rates without prepayment penalties, potentially resulting in savings of $10 billion for about 500 coops.
Continue Reading

Texas Coop to Strengthen Infrastructure

Upshur Rural Electric Cooperative is currently replacing and increasing the number of poles and lines in anticipation of “storm season” in East Texas. The coop believes the investment will save money down the road by avoiding repeated repairs.
Continue Reading