Dakota Energy has filed a lawsuit concerning its potential exit from a wholesale power supplier, East River Electric. Dakota Energy’s concern is that East River’s bylaws require, as a condition to withdrawal,… Read More »Potential Exit from Power Supply Cooperative
Like public utilities, municipalities and other political subdivisions that provide electricity to customers must procure wholesale power. A recent IRS ruling discusses municipalities’ use of… Read More »Cooperative Tax Brief: Municipalities’ Generation Cooperative
A federal appellate court recently addressed a distribution cooperative’s lawsuit against a G&T cooperative with which it had a power purchase agreement. Though the lawsuit alleged the G&T cooperative breached the PPA, the latest ruling focused on whether federal courts have jurisdiction to hear the claim. Ultimately, the courts concluded that the claim belonged in state court, as it did not involve a question of federal law. Read More »Cooperative’s PPA Lawsuit Against G&T Remanded
This post is a repost from CFC’s Solutions News Bulletin, Sept. 24, 2012, Vol. 14, No. 36.
At the September board meeting of the National Renewables Cooperative Organization (NRCO), John List, CFC senior vice president, Member Services, discussed the funding behind current and future renewable energy projects. The regularly scheduled meeting was hosted by Indianapolis, Ind.-based Wabash Valley Power.Read More »State of Renewable Energy Financing for Coops