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Recently in Public Power Current
The Lincoln Electric System Administrative Board recently approved a resolution to amend the 2025 LES Budget and implement a 4% systemwide rate adjustment to fund additional generation for the utility.
Moody’s Ratings has assigned an Aa1 rating to New Braunfels Utilities’ proposed $134 million Utility System Revenue Refunding Bonds, Series 2025, and reaffirmed the Aa1 rating on all existing senior lien revenue debt.
Retool’25, a one-day conference scheduled for June 3 and organized by the Jamestown Board of Public Utilities, will focus on sustainability, energy efficiency and energy innovation for small and medium manufacturers and businesses.
Fitch Ratings affirmed the A+ outlook on $1.74 billion in utility system revenue bonds for Gainesville Regional Utilities on May 9, citing a strong financial profile due largely to a “significant” reduction in the utility’s general fund transfer payments to the city and affordable rates.
The Kissimmee Utility Authority board of directors interviewed eight applicants recently to fill an upcoming vacancy on the five-member volunteer utility board.
Wisconsin public power utility Manitowoc Public Utilities has earned an award for an MPU project that involves the conversion of two power plant boilers from fossil fuels to 100% Wisconsin-recognized renewable fuel pellets.
NewCarbon has finalized a 25-year agreement with the City of Hastings, Nebraska, a public power community, to convert methane emissions from the Hastings Sanitary Landfill into renewable natural gas.
The National Weather Service had recognized Omaha Public Power District as a StormReady® Community Partner.