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The National Rural Electric Cooperative Association (NRECA) represents the interests of over 900 electric cooperatives in the United States. Cooperatives are not-for-profit and are owned by their membership. Founded in 1942, NRECA unites the country's generation, transmission, and distribution cooperatives found in 47 states, serving over 40 million people. It is headquartered in Arlington, Virginia, and its CEO is Jim Matheson.
Electric cooperatives serve 12 percent of the nation's population, yet own 42 percent of America's distribution lines covering three-quarters of the country. Currently, over 90% of electric cooperatives include renewable generation in their portfolios, receiving 11 percent of their total power from renewable sources compared to 8 percent for the entire utility sector.
In December 2020, co-ops under NRECA won $1.6 billion from the FCC's Rural Digital Opportunity Fund to provide rural broadband service to approximately 900,000 locations. In February 2021, NRECA's Matheson filed an appeal to the FCC for also awarding SpaceX's Starlink internet service funds. SpaceX was awarded $886 million to cover nearly 650,000 locations. Matheson noted the Starlink service was "still in beta testing - not a proven technology".
See also
References
- Sherman, Howard J.; et al. (2008). Economics: An Introduction to Traditional and Progressive Views (7th ed.). Armonk, N.Y.: M.E. Sharpe. pp. 281–282. ISBN 978-0-7656-1668-5.
- ^ Todd Shields (4 February 2021). "Musk's Internet-From-Space Subsidy at Risk as Rivals Protest". Bloomberg.com. Retrieved 4 February 2021.
- "Renewable Energy". National Rural Electric Cooperative Association. Retrieved October 11, 2012.
External links
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