Bonds and Financing
Moody’s Investors Service in late July upgraded its investment grade credit rating to Baa1 for Silicon Valley Clean Energy, a California community choice aggregator.
Transmission
The Bonneville Power Administration on July 28 said that it will hold the average Tier 1 power rate and all transmission rates, including ancillary and control area service rates, flat for the next two-year period beginning Oct. 1, 2023.
Reliability
Arizona public power utility Salt River Project delivered a multi-day record peak electricity demand surpassing previous records for most power served to customers in summer, it said on Aug. 1.
Bonds and Financing
Long Island Power Authority bonds recently received strong credit ratings from Fitch Ratings, Moody’s Investors Service and S&P Global Ratings.
Disaster Response and Mutual Aid
After 37 sixteen-hour days without a day off, Snohomish PUD crews recently returned to Washington State after helping with power restoration efforts in Guam in the wake of a typhoon that knocked out power to a vast swath of customers on the island.
The Northwest Public Power Association Board of Trustees has appointed Kieran Connolly to serve as the interim executive director for the association, effective Aug. 7.