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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 ...
CFC manages and funds the Rural Telephone Finance Cooperative (RTFC), [5] an organization that provides financing to the rural telecommunications industry. CFC also manages and funds the National Cooperative Services Corporation (NCSC), [6] an organization that provides electric cooperatives with specialized financing services that supplement the financial services of CFC.
A board of directors appointed by the governor and approved by the state Senate governs Santee Cooper. A board member represents each congressional district and each of the three counties where Santee Cooper serves retail customers directly; two board member have previous electric cooperative experience; and the chairman is appointed at-large.
Horry County Electric Cooperative, which serves nearly 90,000 customers in South Carolina’s fastest growing county, saw 2,500 outages on Friday and 1,000 by 3 p.m. on Saturday.
The state owned utility has not had a rate increase since 2017 and in 2020 agreed to freeze rates through 2024.
The highest-paid government employees made over $200,000 in 2022 and many others made over $100,000. See average raise percentages for 2023 and who got the highest raise.
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are dividends paid on a member's investment in the cooperative.
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