Richard Ha writes:
If you'd like to submit testimony re: Rep. Lowen's resolution re: local ownership and control of electric utilities, follow this link. It's being heard Monday, and any testimony has to be received 24 hours in advance, which means by Sunday afternoon.
Kaua‘i Island Utility Co-op (KIUC) is a successful example of an alternative utility ownership model. Each person or entity with an electric meter has one vote, and those votes elect the board of directors, which guides the co-op's direction. Profits are retained internally and any excess is distributed to the folks with an electric meter.
Instead of being, say, merely one lonely utility in the middle of the Pacific Ocean, a co-op such as KIUC is part of a large network of 900 such electricity co-ops throughout the nation. These co-ops have a network that provides help to the individual co-ops, and the co-op network owns its own finance company, too, with assets of more than $26 billion.
Most important, the dreams and aspirations of the owner of the co-op are the dreams and aspirations of the local people--everybody with electric meters.
Submit any testimony at the "submit testimony" link on this page, but it needs to go in before Sunday afternoon.