Bridger Valley Electric Association Seeks Authority to Issue Securities

The Utah Public Service Commission (PSC) is processing an application filed on March 16, 2026, by Bridger Valley Electric Association, Deseret Generation & Transmission Co-Operative, Dixie Power, Garkane Energy Cooperative, Inc., Moon Lake Electric Association, Inc., and Mt. Wheeler Power, Inc. The application seeks authority to issue securities in the form of an extended line of credit and a secured promissory note. This action represents a request for regulatory approval of significant financing activities by these electric cooperatives.

Compliance officers for these entities should ensure all documentation and exhibits submitted with the application are accurate and complete. The Division of Public Utilities submitted redacted comments on March 26, 2026. While a specific compliance deadline is not explicitly stated, the 'Action Request' filed on March 17, 2026, indicates a need for prompt attention ('Due: A.S.A.P.'). Regulated entities should monitor the docket for any further PSC directives or deadlines related to this securities issuance.