Garkane Energy Cooperative Securities Application

The Utah Public Service Commission is reviewing a joint application filed on March 16, 2026, by Garkane Energy Cooperative, Inc., Deseret Generation & Transmission Co-Operative, Bridger Valley Electric Association, Dixie Power, 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. The Division of Public Utilities filed redacted comments on March 26, 2026, and a notice of filing and comment period was issued on March 20, 2026.

Compliance officers for these energy cooperatives must review the application details, exhibits, and any public comments filed. They should prepare to respond to any inquiries from the Commission or the Division of Public Utilities, as an 'Action Request' was noted as due 'A.S.A.P.' on March 17, 2026. While a specific compliance deadline for the securities issuance is not explicitly stated, the 'Action Request' suggests immediate attention is required to address any outstanding issues or provide further information.