Electric Cooperative Opens Solar Farm

August 21, 2012 10:12 by Bill Conway in Cooperatives, Energy  //  Tags:   //   Comments (0)
Duck River Membership Cooperative opens a solar farm facility, allowing its members to purchase ownership units in return for an energy credit on their monthly bill.  The development of this facility is unique considering it allows the Duck River members to participate in the development of solar energy without the significant capital cost associated with the development of individual systems.   Read more...    

Opportunity for Coop Expansion?

August 6, 2012 10:41 by Bill Conway in Cooperatives, M&A  //  Tags: ,   //   Comments (0)
If the PwC report is correct regarding accelerated consolidation in the utility industry, the electric coop network could follow suit  by acquiring the “more rural” territories from IOUs.  This strategy makes sense for both coops and IOUs, as these rural areas are often best served by coops and fit the profile of the traditional coop service territory.  However, the economic and regulatory climates and gas prices are major factors in creating a “win / win” transaction for all parties.  More...  

Southern Maryland Electric Cooperative

August 1, 2012 15:49 by David Patterson in Cooperatives, Energy  //  Tags:   //   Comments (0)
Meghan Russell, The Washington Post | May 2, 2012 Southern Maryland Electric Cooperative is on the verge of breaking ground for the Calvert County portion of its Southern Maryland Reliability Project, which the co-op says is needed to ensure that power failures do not occur for the growing number of customers. “Construction’s about to start,” President and chief executive Austin J. Slater Jr. said of the $100 million project at the commissioners’ meeting April 17.  “We are confident we can get this done to every customer's and every homeowner’s satisfaction.  It’s necessary to ensure we have power we can rely on without disruption.”  Read more…

EPA’s Proposed Carbon Rules Are Unlikely To Affect The Credit Quality Of Cooperative Or Public Power Utilities

August 1, 2012 14:48 by David Patterson in Cooperatives, Regulation  //  Tags:   //   Comments (0)
Standard & Poor's Press Release | March 28, 2012 “The U.S. Environmental Protection Agency's (EPA) proposal to place stringent limitations on carbon emissions from new power plants should not impair the credit quality of cooperative or public power electric utilities if it becomes a regulation. The new source performance standard exempts existing generation and those plants that are under construction.”   Registration on the S&P site will be required to read the full press release.

Heartland’s Peak Savers Program

July 23, 2012 12:41 by Capital Advisors in Cooperatives  //  Tags:   //   Comments (0)
Heartland Rural Electric Cooperative Press Release | April 2012 “Heartland’s Peak Savers program is expanding in 2012, and will be offered to all members looking to save money by reducing electric use in their homes during peak alert days in July and August.” “Members who take part in the Peak Savers program this summer will receive notifications via cell phone text messages, emails and phone calls to alert them when peak electric usage is expected across Heartland’s system. On those peak alert days, members will be asked to reduce their electric use from 3 p.m. until 7 p.m.” “Rewards will be $1 for every kilowatt hour shifted from the peak.”  Read more

Jackson EMC, Sawnee EMC and Southern Maryland Electric Cooperative to its 2012 list of “Customer Service Champions.”

July 23, 2012 10:59 by Capital Advisors in Cooperatives  //  Tags:   //   Comments (0)
Reuters - March 14, 2012 J.D. Power and Associates named Jackson EMC, Sawnee EMC and Southern Maryland Electric Cooperative to its 2012 list of “Customer Service Champions.”  Read more…

Vermont Electric Coop Starts an Energy and Environmental Management Project

July 23, 2012 10:51 by Capital Advisors in Cooperatives  //  Tags: ,   //   Comments (0)
Vermontbiz.com | March 26, 2012 Vermont Electric Coop is working with Kilawatt Technologies to start an Energy and Environmental project.  As reported by VermontBiz.com, “A few advantages of Kilawatt’s program that will be realized by Vermont Electric Coop include: 1)      Elimination of occupant comfort issues within the building, 2)      Reduction of total energy consumption which is projected to be 15% or greater, and 3)      Avoidance of non-scheduled HVAC and mechanical equipment expenses.”

Proposed Legislation on How Electric Coops Make Decisions

July 19, 2012 08:35 by Bill Conway in Cooperatives, Financing, Regulation  //  Tags: , , , ,   //   Comments (0)
The draft legislation including the disclosure of power demand / load and forecasting information at the distribution level and requiring a G&T to secure approval from two-thirds of its members prior to entering into debt or energy contracts seem to be in line with what a cooperatives board role should be, that of protecting the member’s interest.  Read more...    

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