Tax and Financing
Tax and Financing
NRECA Will Press New Congress to Approve Repricing of RUS Loans
The RUS repricing bill would provide crucial relief for co-ops hit hard by the COVID-19 pandemic.
Tax and Financing
What Biden’s Victory Means for Electric Cooperatives
Biden’s agenda will be complicated by a divided Congress.
RUS Electric Loan Program
Co-ops Get $3.1 Billion in USDA Loans to Improve Systems in 25 States
USDA loans to 45 electric co-ops will benefit 1.4 million homes and businesses.
Tax and Financing
House Approves More Pandemic Aid to Help Co-op Members Pay Electric Bills
NRECA keeps pushing to allow co-ops to refinance federal loans at low interest rates.
Employee Benefits
House Bill Would Give Co-ops Tax Credits to Help Pay Retirement Costs
Co-ops could be eligible for up to $100,000 in refundable tax credits in 2020 and 2021.
Tax and Financing
Bipartisan Group of Lawmakers Urge Leaders to Include Co-op Debt Relief in COVID Bill
Repricing co-ops’ federal debt could help them invest in broadband or replace aging equipment.
RUS Electric Loan Program
Co-ops Urge Congress to Pass RUS Debt Relief in Next COVID-19 Aid Package
An average co-op with typical RUS debt could save $2 million a year in interest at today’s rates
RUS Electric Loan Program
New Legislation in Congress to Reprice RUS Loans Could Save Co-ops Billions
The bill would provide a huge boost for co-ops struggling with the financial impacts of COVID-19.
RUS Electric Loan Program
NRECA Seeks Federal Relief for Co-ops as Members Struggle to Pay Bills
Co-ops need loans and consumers need broadband access during the pandemic, NRECA told Congress.