Thursday, September 9, 2010

Power co-op looks to grow 'green' power - Baltimore Business Journal:

http://www.iwannalink.com/index.php?s=D&c=489
William Berg, Dairyland president and CEO, said the co-op is also spendinfg $400 million in in environmentaol control equipmentat coal-fired power plantsa and promoting energy conservation, includinb a program in which it gives away energy-efficienyt compact fluorescent light bulbs. Dairyland is looking to investin 'green' technologies and expandf its electricity generation from various renewable energh sources, including wind, landfill gas, animal wastw and hydroelectric power. Dairyland reportesd that its earnings for 2008 decline dto $11.3 million, compared with $14.34 million in 2007.
Management noted that fuel to operate Dairyland’s generating facilities, primarily coal, continues to be Dairyland’s largest annual The rising costs contributed to anaverage 9.8 percenft increase in wholesale rates in 2008. Total operatin revenue for 2008 increasedto $373. million, up 14 percen t compared with $328.5 million in 2007. Electric sales also increasecdin 2008, with total sales up 8 Dairyland Power provides wholesale electricity to 25 membee distribution cooperatives and 16 municipal

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