FEMA gives RECs $52 million
KANSAS - Federal officials have awarded more than $52 million to Kansas rural electric cooperatives and municipal utilities for damage from the December 2007 winter storm.
The funds were announced by the Federal Emergency Management Agency and the Kansas Division of Emergency Management. In all, 20 cooperatives and 24 municipal utilities received assistance to restore damaged facilities.
Funds were part of FEMA's public assistance program. FEMA pays 75 percent of eligible costs for repair or replacement of damaged utilities; the state pays 10 percent, and the local entity, 15 percent.
Related News
Seven small UK energy suppliers must pay renewables fees or risk losing licence
LONDON - Seven small British energy suppliers owe a total of 34 million pounds ($43.74 million) in renewables fees and could face losing their supply licences if they cannot pay, energy regulator Ofgem reports.
Under Britain’s energy market rules, suppliers of energy must meet so-called renewables obligations and feed-in tariffs which are imposed on them by the government to help fund renewable power generation.
Several small energy companies have gone bust over the past two years as they struggled to pay the renewables fees and as their profits were affected by a price cap on the most commonly used tariffs and fluctuating…
