Co-ops studying merger
SOUTH DAKOTA - Two electric cooperatives in southeast South Dakota are mulling a merger.
The boards of Clay-Union Electric in Vermillion and Southeastern Electric in Marion are studying the idea.
Clay-Union Manager Paul Roberts says if the boards endorse a merger it would go to a vote of members in both co-ops, probably in late 2009.
Clay-Union has about 3,100 customers. Southeastern has about 13,000.
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The Higgs government quietly endorsed the moratorium in a cabinet order in March 2022 and ordered a review of how the sector might affect the reliable electricity supply.
The cabinet order, filed with the Energy and Utilities Board, said N.B. Power had "policy, technical and operational concerns about [its] capacity to service the anticipated additional load demand" from crypto mines.
It said the utility had received "several…
