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AECC leaders brief Arkansas Joint Committee on Energy on cooperative operations and ratemaking

Joint Committee on Energy · July 28, 2025
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Summary

Arkansas Electric Cooperative Corporation President Buddy Hasten and Senior Director Robert Shields presented an overview of AECC and discussed general ratemaking at the July 28 Joint Committee on Energy meeting; committee approved its June 18 minutes (tally not specified).

The Joint Committee on Energy met in Jonesboro on July 28, 2025, where Arkansas Electric Cooperative Corporation leaders provided an organizational overview and a briefing on general ratemaking.

Senator Mark Johnson, co-chair of the joint committee, called the session to order at 1:00 p.m. Representative Rick Beck moved to approve the minutes of the June 18, 2025 meeting; Representative Steve Hollowell seconded the motion and the committee "carried" the motion. The transcript records that the motion passed but does not provide a roll-call or vote tally.

Buddy Hasten, president and CEO of Arkansas Electric Cooperative Corporation, led an overview of AECC’s operations and role serving distribution cooperatives in Arkansas. The transcript notes Hasten presented an organizational overview but records no substantive figures, proposals, or direct quotations from his remarks.

Robert Shields, AECC senior director for regulatory and rates, led a discussion of general ratemaking at AECC and referenced Handout 1. The transcript identifies the topic and presenter but does not include details of rate proposals, timelines, or committee questions. Because the meeting record here is brief, specifics that often accompany ratemaking briefings — proposed rate changes, projected impacts on cooperative member-consumers, or regulatory next steps — are not specified in the transcript or the handout text provided in this record.

The committee adjourned at 2:15 p.m. No formal votes on rate proposals or other substantive actions were recorded in the transcript excerpt provided; follow-up or more detailed materials (such as the referenced Handout 1) would be needed to report on proposed rate changes or regulatory actions.