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Brazos Electric Power Cooperative
Brazos Electric Power Cooperative is an electrical generation and transmission cooperative based in Waco, Texas. In March 2021, it filed for bankruptcy protection as a result of losses arising from the February 2021 North American ice storm. Operations In 2013, Brazos began constructing its current headquarters in Waco's Texas Central Industrial park. Brazos operates four plants which can produce up to 2,909 megawatts of electricity. Brazos was an initial investor in the Comanche Peak Nuclear Generating Station but later sold its interest to TXU. Brazos also began purchasing energy from Duke Energy's Lapetus Solar project in Andrews County, Texas via a power purchase agreement in January 2020. Brazos serves 16 local utility cooperatives and three municipal-owned electric companies. Congressional Testimony In 1967, Brazos sent general manager H. A. Dalton to appear before the 90th United States Congress to give testimony on introduced amendments to the Federal Power Act wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility Cooperative
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. Profit (accounting), 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. Each customer is a member and owner of the business. This means that all members have equal individual authority, unlike investor-owned utilities where the extent of individual authority is governed by the number of shares held. Like cooperatives operating in other sectors, many utility cooperatives conduct their affairs according to a set of ideals based on the Rochdale Principles. Some utility cooperatives respect the seventh principle, ''Concern for community'', through ''Operation Roundup'' schemes, whereby members can voluntarily have their bill rounded to the next currency unit (e.g. $55.37 becomes $5 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ad Valorem Tax
An ''ad valorem'' tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ''ad valorem'' tax may also be imposed annually, as in the case of a real or personal property tax, or in connection with another significant event (e.g. inheritance tax, expatriation tax, or tariff). In some countries, a stamp duty is imposed as an ''ad valorem'' tax. Operation All ad valorem taxes are collected according to the determined value of the taxed item. In the most common application of ad valorem taxes, namely municipal property taxes, public tax assessors regularly assess the property owner's real estate in order to determine its current value. The determined value of the property is used to calculate the annual tax collected by the municipality or any other government entity upon the property owner. Ad valorem taxes are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Waco, Texas
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Cooperatives In Texas
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1941
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Belknap Electric Cooperative
{{short description, Rural electric utility cooperative in Texas Fort Belknap Electric Cooperative, Inc. is a non-profit rural electric utility cooperative headquartered in Olney, Texas. The Cooperative was organized in 1939 and serves portions of seven counties in the state of Texas, in a territory generally surrounding Olney and including its city limits. It maintains 2,143 miles of electric line and has 6,276 connected meters Fort Belknap Electric is a member of the Brazos Electric Power Cooperative Brazos Electric Power Cooperative is an electrical generation and transmission cooperative based in Waco, Texas. In March 2021, it filed for bankruptcy protection as a result of losses arising from the February 2021 North American ice storm. Oper ..., a generation and transmission utility cooperative. External linksFort Belknap Electric Cooperative 1939 establishments in Texas Companies based in Texas Electric cooperatives in Texas Archer County, Texas Jack County, Texas Palo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comanche Electric Cooperative
Comanche Electric Cooperative, Inc. is a non-profit rural electric utility cooperative headquartered in Comanche, Texas, United States of America. The cooperative was organized in 1938 through the Rural Electrification Act and serves portions of seven counties in the state of Texas, in a territory generally surrounding Comanche. It was the first REA electric cooperative to have an affiliated women's club. Comanche is a member of the Brazos Electric Power Cooperative Brazos Electric Power Cooperative is an electrical generation and transmission cooperative based in Waco, Texas. In March 2021, it filed for bankruptcy protection as a result of losses arising from the February 2021 North American ice storm. Oper ..., a generation and transmission electric cooperative. Currently the cooperative has over 4,791 miles of line and 15,886 meters. References {{reflist External linksComanche Electric Cooperative 1938 establishments in Texas Companies based in Texas Electric cooperat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Reliability Council Of Texas
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States. ERCOT works with the Texas Reliability Entity (TRE), one of eight regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid. As the ISO for the region, ERCOT dispatches power on an electric grid that connects more than 46,500 miles of transmission lines and more than 610 generation units. The United States Energy Information Administration Electric Power Monthly published the following detailed report regarding Texas's Net Generation by Energy Source: Total (All Sectors), 2010-December 2020, (Thousand Megawatthours), Table 1.1, for the Month of December 2020: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Legislature
The Texas Legislature is the state legislature of the US state of Texas. It is a bicameral body composed of a 31-member Senate and a 150-member House of Representatives. The state legislature meets at the Capitol in Austin. It is a powerful arm of the Texas government not only because of its power of the purse to control and direct the activities of state government and the strong constitutional connections between it and the Lieutenant Governor of Texas, but also due to Texas's plural executive. The Legislature is the constitutional successor of the Congress of the Republic of Texas since Texas's 1845 entrance into the Union. The Legislature held its first regular session from February 16 to May 13, 1846. Structure and operations The Texas Legislature meets in regular session on the second Tuesday in January of each odd-numbered year. The Texas Constitution limits the regular session to 140 calendar days. The lieutenant governor, elected statewide separately from the gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Supreme Court
The Supreme Court of Texas (SCOTX) is the supreme court, court of last resort for civil matters (including juvenile delinquency cases, which are categorized as civil under the Texas Family Code) in the U.S. state of Texas. A different court, the Texas Court of Criminal Appeals (CCA), is the court of last resort in criminal matters. The Court has its seat at the Supreme Court Building on the Texas State Capitol, State Capitol grounds in Austin, Texas. The Texas Supreme Court consists of a Chief Justice and eight associate justices. All nine positions are elected, with a term of office of six years and no term limit. The Texas Supreme Court was established in 1846 to replace the Supreme Court of the Republic of Texas. It meets in Downtown Austin, Downtown Austin, Texas in an office building near the Texas State Capitol. Regulation of the practice of law in Texas courts By statute, the Texas Supreme Court has administrative control over the State Bar of Texas, an agency of the jud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Commission On Environmental Quality
The Texas Commission on Environmental Quality (TCEQ) is the environmental agency for the state of Texas. The commission's headquarters are located at 12100 Park 35 Circle in Austin. The fourth largest environmental agency in the United States (and the third largest state environmental agency, behind the US Environmental Protection Agency, the California EPA, and the New York DEC), it employs approximately 2,780 employees, has 16 regional offices, and has a $420 million operating budget for the 2016 fiscal year. History Creation The history of natural resource protection by the State of Texas is one of gradual evolution from protecting the right of access to natural resources (principally surface water) to a broader role in protecting public health and conserving natural resources for future generations of Texans. Natural resource programs were established in Texas at the turn of the 20th century, motivated initially by concerns over the management of water resources and wate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
