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HTMLDroughts Threaten 2014 Hydro Production
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
Total water flow to the Northwest river system is now the 11th lowest total since recordkeeping started in 1960. This lingering drought in the West is causing a decreased output of hydro production and is likely to persist or intensify through the end of April in parts of Washington, Oregon, Idaho,...

 

HTMLSioux City Looks to Settle Excessive Fee Claims
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 3, 2014
Residents in multiple Iowa cities have filed lawsuits claiming that franchise fees added to customers’ utility bills by those cities were excessive and amounted to an illegal tax. Despite the Iowa legislature’s subsequent passing of a law legalizing franchise taxes of up to 5 percent,...

 

HTMLLatest Round of USDA Loans Announced
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 30, 2014
As part of the U.S. Department of Agriculture’s (USDA) Rural Economic Development Loan and Grant program, $13.9 million in loans and grants have been approved for electric coops spanning eight states.

 

HTMLVermont Coop Spends More than $7 Million on Damage from Ice Storm
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 24, 2014
Vermont Electric Cooperative (VEC) recently spent an unprecedented sum to repair damage caused by recent ice storms. While the cost is significant for a coop of VEC’s size, the coop’s goal is to find efficiencies and other ways to avoid rate increases.

 

HTMLSouth Carolina Coops Hit Hard by Winter Weather
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 18, 2014
Rural South Carolina was hit especially hard by the winter storms that recently swept across the Southeast, with most of the damage in areas served by The Electric Cooperatives of South Carolina.

 

HTMLMagnolia LNG Signs Precedent Agreement for Kinder Morgan Louisiana Pipeline Capacity
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 29, 2014
Magnolia LNG has executed a legally binding Precedent Agreement with Kinder Morgan Louisiana Pipeline (KMLP) for firm transportation rights for the full 8 million tonnes/year capacity of the Magnolia LNG export terminal at Lake Charles, La. According to the press release, KMLP will proceed to file...

 

HTMLIowa Coops in Legal Battle with Solar Energy Company
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 22, 2014
Public utilities and electric cooperatives in Iowa are arguing in front of the Iowa Supreme Court that a solar energy company has violated Iowa law by installing solar systems on buildings belonging to customers of the utilities and cooperatives and then selling the electricity produced by the...

 

HTMLVermont Net Metering Program May Be Overhauled
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Vermont lawmakers are striving to raise the existing cap on the state’s net metering program to match the growing demand for residential renewable energy generation. A bill, approved by the House Natural Resources and Energy Committee last week, offers a fast-track solution ahead of larger...

 

HTMLShell Concerned With Proposed B.C. LNG Tax Rate
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 20, 2014
Financial Post reports that a spokesman for Royal Dutch Shell, a sponsor of LNG Canada’s proposed LNG terminal at Kitimat, British Columbia (B.C.), responded to the recently proposed B.C. LNG tax proposal by stating that his company has “been clear that the rate needs to be globally...

 

HTMLArizona Coop Forgoes 100% Equity Financing, Becomes CFC Borrower
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
Duncan Valley Electric Cooperative (DVEC), based in Duncan, Arizona, recently borrowed from the National Rural Utilities Cooperative Finance Corporation (CFC) to prepay future National Rural Electric Cooperative Association Retirement Security Plan contributions.

 


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