skip to main content
skip to newscasts

Sunday, May 4, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Trump signs order seeking to end federal funding for NPR and PBS; NY immigrant wrongfully sent to El Salvador 'supermax' prison; PA 'Day of Action' planned for higher minimum wage, immigrants' rights; New bill in Congress seeks to overturn CA animal welfare law.

view newscast page
play newscast audioPlay

National Security Advisor Mike Waltz is leaving that job to become UN ambassador, bipartisan Arizona poll finds Latino voters dissatisfied by Trump's first 100 days, and Florida mass deportations frighten community members.

view newscast page
play newscast audioPlay

Rural students who face hurdles going to college are getting noticed, Native Alaskans may want to live off the land but obstacles like climate change loom large, and the Cherokee language is being preserved by kids in North Carolina.

Missouri Electric Co-ops Poised to Benefit from Inflation Reduction Act

play audio
Play

Monday, September 26, 2022   

Within the Inflation Reduction Act are provisions to help rural electric co-ops in new ways.

Rural electricity generation often is structured as a cooperative nonprofit with member-owners, and any overpayment is returned to members. The structure meant co-ops were excluded from certain green-energy tax incentives available to for-profit producers.

The Inflation Reduction Act changed the model and includes direct-pay tax incentives for co-ops to deploy new energy technology. Additionally, the act includes a $9.7 billion grant and loan program for clean-energy systems, giving electric co-ops broad flexibility to make upgrades to their infrastructure.

Philip Fracica, director of programs for Renew Missouri, said as one of the most coal-dependent states in the country, Missouri stands to gain a lot from the program.

"Really, out of most of the co-ops in the country, I think we're at probably the best value proposition for this program, because we have really old plants," Fracica explained. "In replacing them with better, more affordable generation options such as renewable energy, which they don't have a large mix in that portfolio to diversify them, make them more resilient."

The plan offers individual co-ops up to $970 million to make upgrades.

Electric-cooperative members are often still paying off debts incurred decades ago during the construction of old power plants and infrastructure. Fracica pointed out the new grant and loan program allows co-ops to retire debt and offers forgivable loans to help build new generation capacity. He sees the approach as being better over the long term.

"Why don't we go to the root of this problem, which is the co-ops having all these debt payments tied to old fossil-fuel plants?" Fracica noted. "If we give them this money and forgive it and replace it with meaningful investments, we're going to be better stewards of our federal dollars to help folks in rural communities and also reduce energy costs."

The grant and loan program allows cooperatives the flexibility to use money and make the most sense locally. Options include making investments in new energy-generating technology including solar, wind or nuclear, as well as making efficiency upgrades to existing generation and transmission infrastructure, or adding battery storage, or carbon-capture systems.

While it is a large investment in moving to renewables, Fracica contended the overall need in America is much greater.

"We had asked for 10 times this funding amount originally," Fracica noted. "Because our data and research showed that we actually will need $100 billion if we wanted to get all of our rural-electric cooperatives in the United States off of fossil fuels."


get more stories like this via email
more stories
In Florida, Highway Patrol troopers and Border Patrol agents are also traveling together in the same vehicles to enforce immigration laws. (Adobe Stock)

Social Issues

play sound

While Gov. Ron DeSantis touts "Operation Tidal Wave" as a success, advocates for Florida's immigrant families say the crackdown is tearing them apart …


Social Issues

play sound

A new bipartisan poll looks at how Latino voters in Arizona are feeling about President Donald Trump's first 100 days in office - and pollsters descri…

Social Issues

play sound

A Minnesota proposal is in the works that supporters say would end forced labor in correctional facilities. They note the 13th Amendment was adopted …


Experts say Wildfire Community Preparedness Day on Saturday is a good time to move fuels and flammable materials away from homes. (Adobe Stock)

Social Issues

play sound

Montana's wildfire risk is 74% higher than other states, so experts are encouraging Montanans to think ahead Saturday on Wildfire Community …

Social Issues

play sound

Thousands are expected to rally in Harrisburg on Monday for a "Raise the Wage and Immigrant Rights Day of Action." More than 47,000 Pennsylvania work…

Marian University's David Benson spotting birds at the Nina Mason Pulliam EcoLab. Enrique Saenz/Mirror Indy

Environment

play sound

By Enrique Saenz for Mirror Indy. Broadcast version by Joe Ulery for Indiana News Service reporting for the Mirror Indy-Free Press Indiana-Public …

Social Issues

play sound

By Lauren Cohen / Broadcast version by Farah Siddiqi reporting for the Kent State NewsLab-Ohio News Connection Collaboration. S.B. 109, a bill that …

Social Issues

play sound

An Illinois law professor is weighing in on what she called a "very public and open test of due process" for immigrants being deported from the United…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021