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Polk County Enterprise - Local News
Stories Added - November 2009
Copyright 2009 - Polk Count
y Publishing Company

ETEC gets OK for $10.2M in bonds for hydroelectric plant
Polk County Enterprise - November 2009

HERNDON, Va. — National Rural Utilities Cooperative Finance Corporation (CFC) announced Tuesday that East Texas Electric Cooperative, Inc. (ETEC) will receive $10.2 million in Clean Renewable Energy Bonds (CREBs) for a renewable hydroelectric power project near Livingston. CFC serves rural utility systems and secured the funds as part of a federal program to fund renewable energy projects. ETEC, a generation and transmission cooperative, is using the funds to construct a hydroelectric power generation facility located on the Polk County side of the Lake Livingston Dam along the Trinity River. Developed in cooperation with the Trinity River Authority of Texas (TRA) and the City of Houston, the new plant will include three eight-megawatt turbines capable of producing 124 million kilowatt hours of clean and renewable energy — enough electricity to power 12,000 homes. ETEC expects to begin delivering power generated by the Lake Livingston hydroelectric plant in early 2012. “Hydroelectric power is one of the most widely-used renewable sources of energy,” said ETEC’s General Manager Edd Hargett. “ETEC is investing in the facility to provide our members with power that is both affordable and environmentally friendly.”


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