FEMA Disaster Relief Withheld from Electric Cooperatives

FEMA Disaster Relief Withheld from Electric Cooperatives

Electric cooperatives in Iowa were surprised by FEMA’s rejection of disaster aid, according to this article.  The utilities sought approximately $20 million in funds to replace electric facilities damaged by recent storms.  …

CFTC Proposes Exemption for “Cooperatively-Owned Utilities”

On Friday, August 17, 2012, the U.S. Commodity Futures Trading Commission (CFTC) approved a proposed order that would exempt certain transactions by electric cooperatives, among other “Exempt Entities,” from many of the requirements of the Commodity Exchange Act.…