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The Indiana Municipal Power Agency received approximately $15.7 million of tax credit benefits plus interest through the Inflation Reduction Act for its work to develop renewable energy resources for its 61 municipal members.
Electricity Markets
The Long Island Power Authority’s Board of Trustees in December approved a proposal for LIPA to execute a Power Supply Management and Fuel Supply Management Services Agreement with The Energy Authority Inc. for a five-year term.
Bonds and Financing
The Treasury Department and Internal Revenue Service recently issued a notice of proposed rulemaking on the credit for Qualified Commercial Clean Vehicles (tax code section 45W).
Reliability
As part of the sustainable energy plan for Colorado Springs Utilities and related to a 2023 request for proposals for 1,700 megawatts of new generation and battery storage, several major projects are underway to provide reliable and cost-effective power for generations to come, the Colorado public power utility said in December.
Reliability
Texas public power utility Bryan Texas Utilities has partnered with local media station KBTX and Climavision, a radar services company, to bring a cutting-edge weather radar system to the region.
Reliability
Oregon public power utility Springfield Utility Board has launched a pilot program under which SUB is offering a 0% loan for generators and generator transfer switches.
Distributed Energy Resources
Seven States Power Corporation on Jan. 10 announced that it will receive $439,000,000 in federal funding through the U.S. Department of Agriculture’s New ERA (Empowering Rural America) program.
Workforce
Florida public power utility JEA has promoted Robert Zammataro to a newly created leadership role to help advance the utility's goals and objectives and to further ensure strategic alignment across the organization, it said on Jan. 13.
Disaster Response and Mutual Aid
As of 8 a.m. on Jan. 13, the Los Angeles Department of Water and Power has restored power to all customers affected by last week’s windstorm, except those in the fire threat areas where fire authorities have requested that the public power utility de-energize its power lines.
Electric Vehicles
Public power utilities and communities are among the recipients of grants announced on Jan. 10 by the U.S. Department of Transportation’s Federal Highway Administration to build out electric vehicle charging and alternative fueling infrastructure with funding from the Infrastructure Investment and Jobs Act (IIJA)’s zero-emission refueling infrastructure programs.