4 Why Tony Robbins, tax shelters and financial advisers don’t mix Sharps is a 23-year veteran of T. Rowe Price and was the longtime portfolio manager of its U.S. large-cap growth equity strategy. In addition to serving as president, he remains the company’s head of investments and group chief investment officer.Named to the new post of chief operating officer is Céline Dufétel. Both she and Sharps will report to Stromberg.Dufétel joined T. Rowe Price in 2017 as its chief financial officer and treasurer. She has been in charge of the company’s financial activities, investor relations, strategy, risk oversight, corporate real estate and workplace services, global investment operations, and enterprise change.As she takes on the role of COO in addition to CFO and treasurer, Dufétel’s responsibilities will expand to include global client account services, effective April 1, and global technology, effective July 1.[More: T. Rowe Price steps up its game to serve financial advisers] The Gates divorce: Lessons for financial advisers House panel unanimously passes SECURE 2.0 5 The T. Rowe Price Group has named Rob Sharps president. That position had been held by Bill Stromberg, who will remain the fund company’s chief executive and board chairman. For reprint and licensing requests for this article, click here,MOST READ InvestCloud to acquire Advicent and NaviPlan planning software 2 Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Newsletters House committee poised to advance SECURE 2.0 retirement savings bill 3 1
ABC NewsBy WILLIAM MANSELL, DANIEL MANZO and MORGAN WINSOR, ABC News(NEW YORK) — Hurricane Laura is barreling inland across the southeastern United States as a powerful tempest with an “unsurvivable storm surge” expected in some areas, according to the National Hurricane Center.The storm made landfall near the Texas-Louisiana border early Thursday as a Category 4 major hurricane with a maximum sustained wind speed of 150 mph.“Unsurvivable storm surge with large and destructive waves will cause catastrophic damage from Sea Rim State Park, Texas, to Intracoastal City, Louisiana, including Calcasieu and Sabine Lakes,” the weather service said in a statement early Thursday. “This surge could penetrate up to 30 miles inland from the immediate coastline. Only a few hours remain to protect life and property and all actions should be rushed to completion.”Parts of eastern Texas and western Louisiana are forecast to see “catastrophic wind damage,” especially in places where the storm’s eyewall came ashore, the National Hurricane Center said. Residents in affected areas were urged to evacuate and brace for damaging winds and flooding rainfall that will spread well inland across parts of those areas.Here’s how the news is developing today. All times Eastern: 10:37 a.m.: 634,021 customers without power in Louisiana and TexasThe number of people without power in Louisiana and Texas continued to climb Thursday morning as Hurricane Laura churned further inland.By 10:33 a.m. Eastern Time, there were 507,262 customers without power in Louisiana and 126,759 customers without power in Texas, according to PowerOutage.US.Images from the affected areas show dozens of downed power lines, debris strewn in the streets and damaged buildings with blown-out windows.10:24 a.m.: Hurricane Laura weakens to a Category 1 with a ‘life-threatening storm surge’Hurricane Laura is now a Category 1 storm, with maximum sustained winds of 85 mph, according to the National Hurricane Center.However, damaging winds and flooding rainfall are still spreading inland over western and central Louisiana, while a “life-threatening storm surge continues along much of the Louisiana coastline,” the weather service warned in its forecast at 9 a.m. Central Time.9:41 a.m.: Louisiana governor reports 1st known storm-related deathA 14-year-old girl in Louisiana is the first known fatality from Hurricane Laura, according to Louisiana Gov. John Bel Edwards.Edwards confirmed the death during an interview Thursday morning with MSNBC, saying that the girl died when a tree fell on her home in the Leesville area.“I suspect that won’t be the last, though I pray we don’t have any more,” Edwards told MSNBC. “But we know we have at least one fatality now in Louisiana.”9:25 a.m.: 508,109 customers without power in Louisiana and TexasPower outages across Louisiana and Texas climbed to more than half a million customers on Thursday morning, as Hurricane Laura battered the coastline.By 8:15 a.m. ET, there were 403,921 customers without power in Louisiana and 104,188 customers without power in Texas.8:30 a.m.: ‘Those evacuations did save lives,’ Texas governor saysTexas Gov. Greg Abbott said no deaths have been reported in the state so far, which he noted was “really premature” as Hurricane Laura “continues to sweep through Texas in an unprecedented fashion.”“Because it’s not just where the surge came in, but going up north and Jasper and Center Texas, all the way up to Marshall, Texas,” Abbott told ABC News’ Good Morning America. “So in northeast Texas, a hurricane is going through there for as far as I know the first time ever, so this is truly unprecedented.”As many as 10,000 people have evacuated their homes in Texas, particularly in the southeastern area of the state along the coast and near the border with Louisiana, according to Abbott.“It could have been a lifesaver,” he said. “That may be one reason why we don’t have any reports of loss of life yet. We still don’t know how many people may be injured. We will be learning that here shortly as the sun rises, and we have search and rescue teams in place to make sure that everybody is going to be safe.”Abbott emphasized the importance of early evacuations ahead of a powerful hurricane like Laura.“Those evacuations did save lives,” he said.7:56 a.m.: Dozens of families didn’t evacuate, Louisiana lieutenant governor saysLouisiana Lt. Gov. Billy Nungesser said he’s heard of dozens of families who didn’t heed evacuation orders and decided to stay behind.“Some people just don’t want to leave their belongings,” Nungesser told ABC News in an interview Thursday on ABC News’ Good Morning America. “It’s hard to get them to leave sometimes.”Nungesser recalled his own decision to ride out Hurricane Katrina back in 2005, as the large Category 5 storm battered New Orleans.“I know what I went through,” he said. “Not a good decision.”Emergency crews will be dispatched to check on residents and survey the damage “as soon as it’s safe” to do so, according to the lieutenant governor.“We’re hopeful that we don’t find people that didn’t make it,” he added.7:18 a.m.: Woman describes moment storm rips roof off home as family hides under kitchen tableAshley Thompson and her family decided to ride out the hurricane at their home in Louisiana, where many residents were ordered to evacuate.“We thought we were safe. We had generators, we had windows boarded up,” Thompson said in telephone interview Thursday on ABC News’ Good Morning America.But the storm ended up being “much worse” than they thought, she said. The winds picked up in the early morning hours around 2 a.m., as Hurricane Laura made landfall on Louisiana’s shores as a Category 4.“We got our family in our home under the kitchen table,” she said. “After being under the kitchen table for about five minutes, we lost our roof.”Thompson and her family ran from their home and broke into a nearby house that was empty and under construction. They took cover there with other families in the neighborhood who were also riding out the storm.Thompson said there are felled trees and power lines in their neighborhood and they hope first responders will come as soon as weather conditions improve.“We are safe and everyone is unhurt,” she said. “But when they become available and people start moving, we will need help.”6:22 a.m.: Laura weakens to Category 2 hurricane, hundreds of thousands without power in Texas, LouisianaLaura weakened further Thursday morning and is now a Category 2 hurricane with winds up to 110 mph. Hurricane conditions are spreading farther inland across southwestern Louisiana.Hurricane Laura is now about 45 miles north, northwest of Lake Charles, Louisiana, and is still moving north at 15 mph.Alexandria, Louisiana, is seeing wind gusts up to 85 mph while winds at Beauregard Regional Airport are gusting to 82 mph.There is still a tornado watch in effect for much of Louisiana, eastern Texas, and southwest Mississippi. This tornado watch is in effect still until 8 a.m.As the storm barreled through the Gulf Coast, more than 382,000 people are without power in Texas (61,153) and Louisiana (231,944).Much of Louisiana is now under Flash Flood Warnings, with as much as 4-5 inches of rain.5:05 a.m.: Laura now a Category 3 hurricane, with winds of 120 mphHurricane Laura is now a Category 3 storm with winds up to 120 mph.It is moving northward through Louisiana as catastrophic storm surge, extreme winds and flash flooding continue.Despite the storm being a Category 3 now, the National Hurricane Center said Laura can still cause an “unsurvivable storm surge with large and destructive waves.” The damage, according to the NHC, will cause “catastrophic damage” and floodwaters are not expected to recede for several days.Hurricane-force winds are expected to continue Thursday morning with catastrophic wind damage expected nears Laura’s eyewall, according to the NHC.“Hurricane-force winds and widespread damaging wind gusts will continue to spread well inland into portions of extreme eastern Texas and western Louisiana through the day,” NHC said in its 5 a.m. advisory.The storm is about 30 miles north, northwest of Lake Charles, Louisiana. Laura is still moving north at 15 mph and the hurricane-force winds extend 60 miles from its center.4:15 a.m.: First damage reports come in, more than 290,000 without powerHurricane Laura may be slightly weakening as it moves north over land, but it’s still churning with winds up to 130 mph. Now more than 290,000 customers are without power in Louisiana (231,944) and Texas (61,153).On live radar, you can see the eye moving north of Lake Charles, Louisiana. Hurricane winds are likely extending well into Louisiana now. An extreme wind warning has been extended until 5 a.m. ET.The storm is about 15 miles west, northwest of Lake Charles and is moving north at 15 mph.A tornado watch for the region, which includes New Orleans, remains in effect until 9 a.m. Other tornado warnings are well removed from the center of the hurricane, showing how strong this storm is.Reports of damage in Lake Charles include damage to hotels, skyscrapers and to the Golden Nugget Casino.3:25 a.m.: Extreme wind warning extended, storm surge reaches 9 feetHurricane Laura is still a Category 4 storm as it batters Lake Charles, Louisiana, early Thursday with winds up to 132 mph.The extreme wind warning in the area has been extended until 4 a.m. Lake Charles has seen sustained winds of 100 mph for almost an hour.A storm surge of more than 9 feet is being reported in Calcasieu Pass, Louisiana.ABC News station KTRK-TV in Houston has reporters on the ground showcasing the strong winds in Lake Charles as the eye approaches.2:49 a.m.: Thousands already without power as Hurricane Laura hits GulfAs of 2:30 a.m., more than 129,000 customers are without power in Louisiana and Texas due to Hurricane Laura. In Louisiana, there are at least 109,811 customers with no electricity and 19,270 in Texas.As the storm moves north, a tropical storm warning has been issued as far north as Arkansas and a flash flood watch has been issued for Oklahoma, Arkansas and Tennessee.The National Hurricane Center said Laura made landfall with maximum sustained winds of 150 mph and minimum central pressure of 938 millibars. It said the potentially catastrophic impacts would continue.The northern eyewall is moving over Cameron Parish, Louisiana. Lake Charles is currently seeing wind gusts of 128 mph.2:05 a.m.: Hurricane Laura makes landfall in LouisianaHurricane Laura is moving over Louisiana overnight with wind gusts of 110 in Cameron, Louisiana, catastrophic storm surge, extreme winds and flash flooding.Laura is now 30 miles south, southwest of Lake Charles, Louisiana. The hurricane is moving north at 15 mph, where winds are still reaching 150 mph.Forecasts show up to 20 feet of storm surge is expected. This could go up to 40 miles inland in parts of the Southern Louisiana Coastline. This is a catastrophic forecast.“The eyewall of Laura is moving onshore over southwest Louisiana. Take cover now,” the National Hurricane Center said in its 1 a.m. forecast. “Treat these imminent extreme winds as if a tornado was approaching and move immediately to the safe room in your shelter. Take action now to protect your life.”There have been two reported tornadoes due to this storm.Copyright © 2020, ABC Audio. All rights reserved.
ABC News(NEW YORK) — When you are in the Snake River, you can be in two states — Idaho and Oregon — at once. You can find yourself in magical places that are sacred to the Nez Perce Tribe, surrounded by ancient petroglyphs. In some areas, the water plunges so deep beneath the canyon rim that it outdoes the Grand Canyon by nearly 2,000 feet.To say it simply, it’s majestic. And like many rivers in the United States, it’s in peril.The Snake River is the most endangered river in the United States in 2021, according to American Rivers, which has put out a list every year for 36 years.At the center of the issue is salmon, which “have never been closer to extinction than they are today,” said Amy Souers Kober, vice president for communications at conservation group American Rivers.Many see it as a crisis, and one that can be solved — but while salmon are at the heart of the problem, it goes even deeper than that.The salmonIn the 1880s, it was estimated that between 25,000 and 35,000 sockeye would make the 900-mile journey up the river and back to Idaho to spawn each year.In 1992, a single, solitary sockeye was able to make the trip, according to National Geographic. He was known as Lonesome Larry.The salmon population has since rebounded, but not to levels anywhere near what the Snake River previously saw.“I’m raising children in this region. And I would like more than anything for my children to see these fish returned in solid numbers,” Mark Deming, a local Idaho fisherman and director of marketing at Northwest River Supplies, said. “When people don’t come to fish, then the cash registers aren’t ringing, and that’s had a pretty big economic impact.”Fishing generates more than $5 billion annually in the Pacific Northwest, supporting more than 36,000 jobs, according to American Rivers.Salmon are vital to both terrestrial and aquatic ecosystems and essential to the livelihood of more than 130 other forms of wildlife, according to biologists.They are also a crucial part of the Nez Perce culture. The Nez Perce story states that the salmon gave of himself so that the Nimiipuu could thrive. In return, they would protect the land. The tribe, which has inhabited the area for centuries, is said to have saved explorers Lewis and Clark from freezing and starving to death.“Salmon is more than a resource to us … [it] signifies our creation, our life and our continued life on this land,” Nakia Williamson, director of the Nez Perce Tribe culture resources program, said.The tribe has had to resort to using hatcheries and transplanting salmon to keep the population growing.Salmon have been dying at a rapid rate over the last 10 years. If that continues, nearly 80% of salmon populations could come mostly from hatcheries by 2025, “and some even before that,” said Jay Hesse, the Nez Perce Tribe department of fisheries resource management research division director.The damsThe Nez Perce Tribe says the four dams located on the lower part of the Snake River are impeding the salmon’s migration route.“What these dams do is make it more difficult for fish to reach their spawning grounds,” Deming said. “So when you’re thinking about climate change, you have to think about getting these fish up to high elevation, cold, clear mountain streams where they can spawn.”In years past, wildlife officials have created “fish passages” at the lower four dams, and conservation groups say that is helping. Still, salmon continue dying on that journey, and few survive getting through the dams to the ocean in the first place.“A trip that took approximately two days before the dams were constructed now takes 10 to 30 days, during which 50% of the juvenile spring/summer chinook and 45% of the juvenile steelhead typically die,” Hesse said.Climate change is making this all the more urgent. The river and the pools behind the Lower Snake dams are heating up, creating lethal conditions for salmon. Removing those dams would “create the refuge that salmon need in a warming world,” Kober said.As things are now, the dams are vital to the region. They provide enough power to keep the lights on in 800,000 homes in an efficient — and what some say is an environmentally friendly — way.That calm, glassy water also makes it easy and cost effective to ship goods. The Snake River winds through 5 million acres of farmland in Southeast Washington alone, and 10% of the entire country’s wheat crop is sent on a barge down the Snake River.“We are feeding the world … are you going to put human lives over fish?” asked Tom Kammerzell, a fifth generation farmer who lives in Whitman County, the largest wheat producing county in the United States. “It’s not an either or, there’s a way of doing it together and having both, but you have to look at all of the pieces.”Kammerzell estimates he would lose all his profits if the dams were breached and he was forced to ship by rail or truck, which he argues is not just more costly but could be worse for the climate as well.Todd Myers, who sits on the board of the Puget Sound Salmon Recovery Council, said removing the dams would be “foolish and costly,” adding that the fall chinook salmon runs on the Snake River are actually nearing recovery in Washington, and the steelhead are recovering as well. He notes that the spring chinook are in crisis, but so are many other salmon runs across the Pacific Northwest.“I think it’s ironic to single out the Snake, it’s one of very few places where (the salmon) are doing well,” Myers said.He didn’t disagree that help is needed, but he emphasized that help is needed everywhere and removing the dams would contribute to an already problematic energy shortfall.“Destroying the dams would be like removing every wind turbine and solar panel in Washington state,” he argued. “Destroying that much CO2-free electricity and increasing the possibility of Texas-style blackouts is an enormous risk.”A proposed solutionCurrently, Idaho Rep. Mike Simpson wants to have $33.5 billion from President Joe Biden’s infrastructure plan earmarked to save the Snake River. His plan includes removing the earthen part of the dams to clear the waterways, replacing the energy produced at the dams and upgrading transportation and irrigation services the dams provide, hoping to make the communities the river serves, like the farmers, whole until they can supplement shipping methods.“By creating this fund up front, the Northwest delegation, governors, tribes and stakeholders could then write legislation over the next year that will end the lawsuits, solve very difficult and complex issues and bring certainty and security for now and future generations,” Simpson told ABC News.But that kind of additional spending in one place is viewed as “irresponsible” by many, including Myers.“Washington state [already] spends about $100 million annually on salmon recovery,” he said. “The federal government provides about $40 million a year on top of that.”Myers added that a vast majority of the salmon declines are in the “marine environment.” Warmer ocean waters have salmon struggling across the region, a much larger problem that needs to be addressed.Salmon have been in the world’s waters for an estimated four to six million years. To see the numbers diminish and possibly disappear because of human intervention is something people on both sides of this issue agree must be addressed. But the argument over exactly how and exactly how quickly remains.“Through science, technology and experience, we should be able to correct those things to help them, and so we’re here to speak for them,” Shannon Wheeler, chairman of the Nez Perce Tribe, said. “If the salmon are gone, that’s the way we go, too.”Copyright © 2021, ABC Audio. All rights reserved.
Aron Palmarsson to Aalborg Handbold Related Items:Aron Palmarsson, FC Barcelona handball Pingback: Uppgifter: Palmarsson köps för 10 miljoner – debut på måndag – handbollskanalen Recommended for you Aron Pálmarsson: I am still highly motivated and hungry for more! 1 Comment Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. ShareTweetShareShareEmail Aron Pálmarsson joins Aalborg Håndbold: This is huge for us! ShareTweetShareShareEmailCommentsTelekom Veszprem and FC Barcelona Lassa agreed about Aron Palmarsson future, according Handball-Planet.com sources! The 27-years old Icelandic playmaker who made unforgivable act when he only sent SMS to Veszprem’s coach Ljubomir Vranjes “that he won’t play for Veszprem anymore” at the day of preparations start, will join FC Barcelona Lassa even before next summer, when his contract had to start according first plan.Palmarsson stayed “at home” in the last year of his valid contract with Hungarian champions, choosing to get out from proffesional handball for a while instead of playing his third season with the team from “Veszprem Arena”.Telekom Veszprem put price for his freedom on 1.000.000 EUR. FC Barcelona, at the end, after weeks of negotiations, accepted to pay that, in order to have player in the best form for the future.Icelander, certainly one of the best players in the world of handball, with huge potential to be the best, however, will have to find himself at one place, as he couldn’t, even in Veszprem or Kiel, where he spent six years before it… 1 Comment
AVONDALE, Ariz. — Martin Truex Jr. will be without his car chief after the No. 78 Furniture Row Racing Toyota failed inspection three times prior to Friday’s Busch Pole Qualifying at ISM Raceway.Truex will be able to keep his 13th-place position for Sunday’s Can-Am 500 (2:30 p.m. ET, NBC/NBC Sports App, MRN, SiriusXM NASCAR Radio), but he will lose 30 minutes of practice time in Saturday’s final practice session along with the ejection of car chief Blake Harris.RELATED: Starting lineup | Full schedule for ISM RacewayThe defending Monster Energy NASCAR Cup Series champion sits 25 points above the cutline going into the final elimination race to set the Championship 4 at Homestead-Miami Speedway.“This seems to be kind of par for the course for us lately,” Truex said after qualifying. “I’d say 13th is a pretty good starting spot for the day we’ve had. We really didn’t get a crack at anything in practice and we didn’t have much time to get ready for qualifying and we were pretty far off. Made some good gains for sure.”MORE: Truex on Logano saying he’s title favorite: ‘Good for him’
Few fans and critics of popular music could have guessed at the start of 1973 which band or artist would be the one to surpass Led Zeppelin and The Rolling Stones as the then-kings of arena rock. Singer-songwriters like Cat Stevens and James Taylor were starting to bring some resurgence to the folk-based genre as the decade took a softer turn with the downfall of The Beatles and their British Invasion just a few years prior.On January 5th, 1973, however, two relatively unknown rock acts—Bruce Springsteen and Aerosmith—would both release their debut albums on Columbia Records, and American music would never be the same.Springsteen’s Greetings from Asbury Park, N.J. and Aerosmith’s self-titled debut may have arrived in record stores on the same day, but neither album would go on to make either band a household name overnight. Both acts were signed to Columbia by well-known recording industry executive, Clive Davis, although he would be famously fired from the label a short time later for allegedly using company money to fund his son’s bar mitzvah. Oops. Greetings from Asbury Park, N.J. cemented Springsteen’s early reputation as a standout songwriter from the Garden State, thanks in part to its trademark cover art. Late rock critic Lester Bangs praised Springsteen upon its release, saying, “Some of [his words] can mean something socially or otherwise, but there’s plenty of ’em that don’t even pretend to, reveling in the joy of utter crass showoff talent run amuck and totally out of control”. The album initially confused his label, as they thought Bruce would be putting together a mix of solo acoustic songs rather than the full-band recordings he presented them with. Greetings from Asbury Park, N.J. ended up with no charting singles, although a cover of “Blinded by the Light” by British prog-rock group Manfred Mann’s Earth Band would go on to be a Billboard chart-topping hit in the U.S. a few years later.Bruce Springsteen – Greetings from Asbury Park, N.J.Aerosmith was in the same boat in terms of their own debut album’s commercial success (or lack thereof). According to Aerosmith’s 1997 autobiography, the band felt their album didn’t perform as well in terms of reviews and sales because Columbia may have put a bigger marketing push behind Springsteen’s release. Aerosmith was signed by Davis in the hopes that they would translate their incredible live energy onto a record like an American version of The Rolling Stones. The album does have some punchy bluesy-rock originals like “One Way Street”, “Somebody” and “Mama Kin”, but the album overall failed to truly translate the collaborative power between guitarists Joe Perry and Brad Whitford. Singer Steven Tyler even changed the tone of his natural singing voice on the album. It would be a few more years before the album’s lone ballad, “Dream On”, would be recognized as Tyler’s melancholy masterpiece.Related: Bruce Springsteen Shares Full ‘No Nukes ’79’ Madison Square Garden Performances To Live ArchiveAerosmith – AerosmithIt’s safe to say that the careers of both Bruce Springsteen and Aerosmith have been pretty successful in the decades since, but it is fun to look back on album anniversaries like today and think about what it must have been like to hear critics and fans exchange “meh’s” about these two then-new albums and bands. Debut albums are a tough nut to crack, especially in today’s market where a collection of songs as a whole doesn’t seem to have much emotional or monetary value (if any at all). So while rock continues its identity crisis and streaming continues the process of removing the concept of “albums” from the vocabulary of younger fans, we recommend spending today taking it easy and playing these two fantastic studio efforts to hear what folks may have missed when they were initially released back in January ’73.[Originally published 1/5/19]
Port Neches-Groves graduate Matt Geisel recently earned a spot on the American Southwest Conference Distinguished Scholar Athlete Team for tennis for 2020. Geisel is a junior at Louisiana College and took part in nine matches during the spring season before it was shut down by the COVID-19 outbreak. He maintained a 3.22 grade point average in missions and ministry. To be eligible to be named Distinguished Scholar-Athlete, a player must meet the above criteria, but must maintain a 3.2 GPA or greater while appearing in at least 50% of the team’s games. Geisel was joined as an Academic All-Conference member by Britton Patton, a junior from Pineville, La. One player from each team is chosen to represent LC on the Distinguished Scholar-Athlete team. To be named Academic All-Conference, a student-athlete must have been enrolled at LC for a full academic year, be at least a sophomore in academic standing during his or her competitive semester, and have at least a 3.0 GPA at the end of the semester upon which their sport championship is held. Seven other Wildcats from Louisiana College were also named to the ASC’s Distinguished Scholar-Athlete teams, along with 48 Wildcats honored on Academic-All Conference teams.
The Vermont Public Service Department (PSD) and its Clean Energy Development Fund (CEDF) seek proposals from qualified financial institutions with a physical presence in Windham County that offer loans to residential customers interested in development of the Windham County Solar Finance Program (SF). The SF Program seeks to accelerate the deployment of solar energy technologies including solar PV and solar hot water in Windham County. Applicants should propose how they would use the available funds for a credit enhancement(s) to expand access to private finance for residential solar systems in Windham County. The RFP will offer up to $300,000 to stimulate new or expanded renewable energy lending to homeowners with credit ratings deemed satisfactory by the selected financial institution(s) due to the credit enhancement provided by the CEDF/State of Vermont.The 2 megawatt Winstanley solar project was completed in Brattleboro in October 2014. (L-R) Mark Bettis, VP of Sales and Marketing for REC Solar, Lieutenant Governor Phil Scott, Adam Winstanley, Principal of Winstanley Enterprises, and Andy Cay, President of Integrated Solar. STORY Courtesy photo.For the first time, a portion of CEDF funds must be deployed in a certain county. The agreement between the State and Entergy Vermont Yankee, which resulted in the CEDF receiving over $5.3 million in April of 2014, requires at least 50 percent of the funds the CEDF received from Entergy Vermont Yankee to be spent in, or for the benefit of, Windham County. This represents a significant opportunity for Windham County to address the local effects of the closure of the Vermont Yankee power plant as well as the county’s energy and economic future.The State of Vermont has a goal of meeting 90 percent of energy needs across all sectors from renewable sources by 2050. The Vermont Public Service Department (PSD) and its Clean Energy Development Fund (CEDF) seek to engage one or more financial institutions (FIs) located in Windham County, Vermont to develop the Windham County Solar Finance Program. As part of the fund’s strategy to help meet state goals, the SF Program seeks to accelerate the deployment of residential solar energy technologies in Windham County.This program will provide an opportunity for one or more private lenders to initiate new—or to expand their existing—lending activities to homeowners in Windham County seeking finance to install residential solar systems. This initiative will help the award recipient(s) gain or increase exposure to the growing solar market, and learn more about how to expand lending for clean energy to serve homeowners in southern Vermont. The intended results include increased rates of investment in solar systems, increased supplies of net-metered renewable power, and greater confidence among financial institutions leading to more participation in this market segment. In addition, increased investment in residential solar technologies will support the growth of jobs and economic opportunity in Windham County, a primary interest of the CEDF under this program.This RFP intends to help reduce credit risks associated with financing home energy upgrades such as solar PV or solar hot water for Vermonters with diverse socio-economic backgrounds to increase market penetration of solar technologies. To spur participation, the CEDF will support credit enhancements offered by one or more finance institutions selected through this competitive Request for Proposals (RFP) to help them lower their risks while generating performance data for their local market. As lenders gain more experience with solar products, services and vendor arrangements, we expect a transition to self-supporting, cost effective finance in lieu of CEDF incentives.This program is sponsored by the Vermont Public Service Department, as part of the state’s effort to achieve the goals set forth in the 2011 Comprehensive Energy Plan (CEP), and the Clean Energy Development Fund in accordance with its Five Year Strategic Plan. This initiative is a part of the broader focus on Windham County detailed in the CEDF FY 2015 Annual Program Plan & Budget Allocations report. This program will add a new set of finance options available to consumers interested in solar energy in the southern part of the state.RFP PROCESSTo develop the Windham County Solar Finance Program, the CEDF will initiate a staged process. First, the CEDF intends to negotiate the lending terms and credit enhancement features of the Solar Finance Program with one or more Financial Institutions (FIs) that respond to this RFP to create a streamlined customer experience for residential solar lending. Second, the CEDF will engage with the chosen financial institution(s) to address key program design considerations such as marketing and evaluation of program effectiveness.This solicitation is funded with monies from the State of Vermont Public Service Department’s Clean Energy Development Fund. The funding available through this competitive RFP is provided from a payment to PSD from the state’s agreement with Entergy Vermont Yankee. Respondents will be subject to standard state grant making and reporting requirements including, but not limited to, financial reporting, periodic project monitoring, documentation of incurred costs, and access to records. Reporting requirements will include select milestones and metrics documenting loan performance, size and power production of financed installations, and program effectiveness to be established at the time of the award.Awards for the Windham County Solar Finance Program will be made through this competitive RFP process. Upon completion of the selection process, the CEDF may, at its discretion, enter into a grant agreement with one or more eligible entities to develop the Windham County Solar Finance Program. Terms for distribution of the funds shall be established with the award recipient(s). If included in the successful proposal, administrative and program development costs for approved expenses will be reimbursed subject to standard state procedures.The CEDF reserves the right to make necessary changes or adjustments to the program design, deadlines, RFP, or to any statements made in this RFP at any time. Further, the CEDF reserves the right to amend, alter, or terminate this Request for Proposal process at any time. Changes to the RFP will be posted on the CEDF website at: http://publicservice.vermont.gov/topics/renewable_energy/cedf(link is external) . Respondents are encouraged to thoroughly review this RFP.DEADLINEProposals must arrive at the Public Service Department by 4:00 p.m. Eastern Standard Time on Tuesday, December 23, 2014. This RFP is for credit enhancements not to exceed $300,000 to create the Windham County Solar Finance Program. Applicants mailing a proposal should allow adequate time to ensure receipt of their proposal by the deadline. One original signed hard copy, four additional hard copies, and an electronic copy of the proposal (which may be emailed or submitted on CD or USB flash drive) must be delivered to the Vermont Public Service Department. Proposals and questions should be addressed to:Edward DelhagenVermont Public Service Department112 State StreetMontpelier, VT 05620-2601Phone: (802) 828-4099Email: [email protected](link sends e-mail)All questions must be submitted in writing via email with the subject line, “Windham County Solar Finance RFP Question” or delivered by U.S. Mail to the address above. Questions regarding the RFP will be accepted until Monday, November 24, 2014. Responses to questions will be posted on the CEDF website at: http://publicservice.vermont.gov/topics/renewable_energy/cedf(link is external).Hard copies and electronic copies of proposals must arrive at the Public Service Department by 4:00 p.m. Eastern Standard Time on Tuesday, December 23, 2014.Questions regarding the Request for Proposals (RFP) will be accepted until Monday, November 24, 2014. Questions must be submitted in writing via email with the subject line, “Windham County Solar Finance RFP Question” or delivered by U.S. Mail to the address below. Responses will be posted on the CEDF website at: www.publicservice.vermont.gov/topics/renewable_energy/cedf(link is external)
Merriam police are looking for five suspects in connection with an early morning robbery that occurred at a Merriam motel.Police say they received the call at 4:30 a.m. to a motel in the 6400 block of East Frontage Road. Extended Stay America is at 6451 Frontage Road. Other reports also placed the incident at the Extended Stay and said it is popular with contractors for Google Fiber installation.The victim, a 45-year-old male, told police that he had answered the door to his motel room earlier in the morning for a female who he knew as “Crystal.” When he opened the door, he was attacked by several males who knocked him to the ground and tied him up with a sheet. They took cash and his electronic cable locating equipment, according to a press release from Merriam police.The suspects left the motel in a white Ford F-150 extended cab truck. The suspects are described as “Crystal” a white female approximately 31 years old, 5 feet 6 inches to 5 feet 8 inches tall, 115 pounds with brown hair, wearing blue jeans and a white shirt.The four male suspects are described as a white male, six feet two inches tall, 240 pounds, bald, wearing blue jeans and a flannel shirt; a hispanic male, five feet 8 inches tall, 180 pounds, wearing blue jeans and a flannel shirt; a white male, five feet 10 inches tall, 160 pounds, long sandy blonde hair wearing blue jeans; a white male, six feet, 180 pounds wearing blue jeans, a black shirt and a black baseball hat.Anyone with information about the crime or the suspects is asked to call the Merriam police at 913-322-5560.