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Recently in Public Power Current
Massachusetts public power utility Reading Municipal Light Department recently announced the hiring of Michael O’Neill as its new Director of Operations.
The Certificate of Achievement for Excellence in Financial Reporting has been once again awarded to the Kansas City Board of Public Utilities by the Government Finance Officers Association of the United States and Canada for its annual comprehensive financial report, BPU reported on Jan. 12.
A rule proposed by the Board of Governors of the Federal Reserve, Federal Deposit Insurance Corporation, and Office of Comptroller of the Currency would broadly tighten access to credit and pose economy-wide increases to borrowing costs, the American Public Power Association and state and local associations said in Jan. 16 said.
The Internal Revenue Service is holding a series of online “office hours” to help entities with the pre-filing registration process for elective pay (also known as direct pay) tax credits.
The U.S. Department of Energy on Jan. 17 announced an initiative to ensure cybersecurity is integrated into the development of clean energy solutions.
Thomas Heller has been named as the new Executive Director of the Transmission Access Policy Study Group. He succeeds Terry Huval, who served in this capacity since 2020.
Power grid operators across a wide swath of the U.S. this week are continuing to take a number of steps to maintain reliability in the face of extreme weather conditions that are expected to continue throughout the week.
Moody’s Investors Service recently assigned an Aa1 rating to Texas public power utility New Braunfels Utilities for its Utility System Revenue and Refunding Bonds, Series 2024. The Rating Outlook is stable.