Local Energy Rules
Freeing Electric Cooperatives from Fossil Fuel Serfdom? - Episode 33 of Local Energy Rules Podcast
Electric cooperatives arose from New Deal legislation that provided government-backed low-interest loans to bring electricity to rural areas that for-profit companies wouldn’t serve in the 1930s. They were engines of the rural economy. But today they face unique challenges, including a disproportionate reliance on coal-fired power, often purchased on decades-long contracts. Additionally, even though rural coops serve 90% of counties with persistent poverty, member engagement has declined precipitously from the golden years, and now few cooperative members even realize they are owners of their electric company.
This week Ed Marston, former board member of the Delta-Montrose Electric Association in western Colorado, joins John Farrell on Local Energy Rules to talk about the electric cooperative world. He highlights the good, the bad, and what his and other cooperatives are doing to spur clean energy investment in a region that so desperately needs local economic development.