New Mexico utility submits plan to close San Juan coal plant in 2022

first_img FacebookTwitterLinkedInEmailPrint分享Associated Press:New Mexico’s largest electric utility on Monday submitted to state regulators its plan for shutting down the coal-fired San Juan Generating Station, replacing the lost power and pricing the cost to customers.The filing with the Public Regulation Commission comes as a new state law dictates more aggressive renewable energy requirements while allowing Public Service Co. of New Mexico to recoup from customers some of the expenses.The application for abandonment of the plant and the building of replacement power includes the utility’s preferred option, which it describes as the most cost-effective plan, as well as three alternatives. The costs range from nearly $4.7 billion to more than $5.4 billion, but utility executives say residential customers would end up saving about $7 a month in the first year after the plant closes under its preferred proposal. They couldn’t say what, if any, savings customers would see after that given fluctuations in the costs related to producing electricity.The preferred option includes a mix of natural gas-fired power plants, solar and wind farms and new battery storage facilities.Under the state’s new landmark energy law, investor-owned utilities and rural electric cooperatives are required to get at least half of their electricity from renewable sources by 2030. That would jump to 80% by 2040. A 100% carbon-free mandate would kick in five years later for utilities. Electric co-ops would have until 2050 to meet that goal.As part of the energy transition law, Public Service Co. of New Mexico and other owners of San Juan can recover investments in the coal-fired plant by selling bonds that are later paid off by utility customers. The law also calls for setting aside millions of dollars in job training funds to ease the economic effects of shuttering the plant and the adjacent coal mine.More: New Mexico utility charts closure for coal-fired power plant New Mexico utility submits plan to close San Juan coal plant in 2022last_img read more

Kittens, gummy bears and beer: Three things that make a great All Staff Day

first_img 37SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Denise Wymore Denise started her credit union career over 30 years ago as a Teller for Pacific NW Federal Credit Union in Portland, Oregon. She moved up and around the org. chart … Web: www.nacuso.org Details Balance. Their agenda was a good balance between honoring their history (they showed a Legacy member video that brought me to tears), rewarding employees, and looking to the future (that conversion….) They are converting to Corelation’s Keystone product so after the presentation of timeline for training to conversion they played Bingo for Beer – The Bingo cards had key phrases used during conversion and the winner got a case of Keystone beer. So raise a glass to Christopher Columbus and even though we know you did not DISCOVER America, we are happy for the day off so we can keep America’s credit unions growing and staff motivated to continue to serve our members. center_img Columbus Day. I can say with certainty it’s kind of a joke holiday. I lease my land from the Cochiti Tribe. My title report had a copy of Abraham Lincoln’s signature on the land deed that gave the Cochiti BACK their land. Oops, my bad, you were here first. But it has become a popular day for credit unions to take advantage of the fact that no one “celebrates” this day, it’s not patriotic, religious or really significant so while the branch is closed (because the Fed is) let’s turn this into a day of learning, celebration, recreation and of course food.I have spoken every year for at least the last ten years and this year is no exception. I was asked to kick-off the event for Central Willamette CU in Albany, Oregon. The CEO is fairly new, and they will be going through the first core conversion in over 20 years – lots of change. These days don’t just “happen” they take a lot of coordination and imagination to have a good celebration! This is one of the best All Staff Days I’ve had the privilege to be a part of. My observation of the formula that works:Food. They had breakfast ready when employees arrived and a DJ in the lunch room to “pump things up” because it’s a Monday after all. They also have BOWLS of snacks in the conference room. Sugary, salty, nutty…..chocolate. All the food groups. Lunch was catered by a local favorite. 90 minute lunch with activities. This credit union had the most amazing diversity of activities during lunch:A representative from Costco (with cookies) so employees could sign up to become members…did I mention they brought cookies?The YMCA – again to sign up memberships. Encouraging wellnessFlu shots! Their insurance covers it so why not? Investment in attendanceSilent auction. Departments pooled together their money to create theme baskets to auction off with proceeds going to their foundation that supports charities like Credit Unions for Kids. 90% off the baskets contained liquor…..very popular. They raised $1,195.00! KITTENS!!! A local animal shelter brought a litter of kittens and a rescue pup for people to cuddle, play with and yes, two were adopted. The puppy was a bonus. last_img read more

Franklin County Community Foundation receives accreditation

first_imgFRANKLIN COUNTY, Ind. — The Franklin County Community Foundation recently received accreditation with the nation’s highest standard for philanthropic excellence.The National Standards for U.S. Community Foundations program requires community foundations to document their policies for donor services, investments, grantmaking, and administration.With hundreds of community foundations already accredited nationwide, the program is designed to provide quality assurance to donors, as well as to their legal and financial advisors.National Standards for U.S. Community Foundations is the first program of its kind for charitable foundations in the United States.last_img read more

IMCA Wild West Tour back with 10 dates for Modifieds, Stock Cars, Northern SportMods

first_imgModified entry fees will be $100, Stock Car and Northern SportMod entry fees $75. Registration fees go into point funds for each division; drivers must compete in half the tour races held to be eligible for point fund shares. “The Wild West Tour has been missed. I hated to see them bow out but understood the reasoning behind it,” said IMCA President Brett Root. “Ken has remained active in racing at the local level and his sons have continued to race with IMCA. I hope drivers appreciate the dedication Ken and Shelly have for this tour and am confident the tour won’t miss a beat. The tracks will benefit as well.” “There’s a lot of enthusiasm on the part of the drivers,” noted Ken Hansen, who returns as tour director. “They’re the ones who made this tour good before and they’re the ones who will have the opportunity to do it again.”  Sweetwater Speedway at Rock Springs, Wyo., hosts Friday and Saturday, Aug. 30 and 31 events. Wrapping up the tour is the Friday and Saturday, Sept. 20 and 21 doubleheader at Idaho Falls, Idaho, Raceway.  Start money ranges from $50 to $175 for the Modifieds and from $50 to $150 for the Stock Cars and Northern SportMods. Nevada race dates are Friday, July 26 at Winnemucca Regional Raceway and Saturday, July 27 at Battle Mountain Raceway.  IMCA Speedway Motors Weekly Racing National, state, special series and track points will be awarded each night. Modifieds also earn Larry Shaw Race Cars Western Region points and Stock Cars race for EQ Cylinder Heads Northern or Southern Region points.  Nearly 100 are on board now, with 10 events scheduled for IMCA Modifieds, IMCA Sunoco Stock Cars and Karl Chevrolet Northern SportMods. What will be the ninth annual tour travels to six differ­ent tracks in five states.center_img One hundred dollars will be paid to drivers making the longest tow each night in each division while non-qualifier pay is $50. Ninety-eight Modified events were held, at 15 different tracks in six states, during the Wild West Tour’s 2007-2014 run. MYTON, Utah – When they started kicking around the idea of starting the IMCA Wild West Tour back up on social media last month, it took just three days for more than 60 drivers to sign up.  Opening weekend is Friday and Saturday, May 3 and 4 at New Mexico’s Aztec Speedway. The tour is at Diamond Mountain Speedway in Vernal, Utah, on Friday and Saturday, June 28 and 29. Tour point leaders will be eligible to compete in race of champions qualifying for their respective divisions at the IMCA Speedway Motors Super Nationals fueled by Casey’s.  Car counts will determine nightly purses, with Modifieds racing for a minimum of $1,000 to win and as much as $2,500 to win their Fast Shafts All-Star Invitational ballot qualifiers. Stock Cars and Northern SportMods both vie for top checks of at least $750 and as much as $1,600.last_img read more