NRECA urges policymakers to act as electric co-ops face a $10 billion revenue loss from COVID-19.
The impact on co-ops of lost electric sales and unpaid bills could total $10 billion through 2022.
The bill could help co-ops get broadband grants by showing which rural areas need service most.
The president’s budget would eliminate a program that helps low-income co-op members pay their b
Final bill doesn’t include provisions for co-ops to more easily begin carbon-capture programs.
Over 880 co-ops participate in the NRECA retirement plan, which covers more than 56,000 employees.
If co-ops lose their tax-exempt status, leaders say they may be forced to raise rates for members.
Co-ops always focus on providing reliable and affordable power to the communities they serve.