Power Lines Blog

Reliability designation can help public power credit ratings

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Earning recognition as a Reliable Public Power Provider (RP3) demonstrates many things about your utility. An RP3 designation signifies leadership in reliability, safety, work force development, and system improvement. It shows your commitment to keeping the lights on for your customers, and it’s no easy feat – the RP3 application process is rigorous and takes months to complete. An RP3 designation can also indicate good financial health.

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Tell us your story and help preserve tax-exempt municipal bonds

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With some Members of Congress talking about removing the tax exemption for municipal bonds as part of larger tax reform measures, the public power community must ensure that lawmakers understand all the benefits that flow from tax-exempt municipal bonds. In 2017, the American Public Power Association has ramped up advocacy efforts to maintain the tax exemption for municipal bonds.

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Taxing Muni Bonds: Excuses, Excuses, and More Excuses

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We’ve been fighting for several years now to explain the reasons why an unprecedented tax on municipal bonds would be bad. What we’ve spent less time discussing are the excuses – implicit and explicit – for imposing a new tax on municipal bonds. These include dire warnings of tidal waves of municipal bankruptcies, breathless tales of state and local financial struggles, hoary anecdotes implying endless abuses, and pat solutions that fail to address the problems.

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