AMP - June 2018

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The Power to Deliver The Vision to Serve

The Electric Cooperatives of Arkansas provide reliable, affordable power to the state we call home. Our 17 electric distribution cooperatives’ service areas cover more than 60 percent of Arkansas with the power to serve more than half a million homes, farms and businesses.

1 Cooperative Way • Little Rock, AR 72209 • (501) 570-2200 • www.ecark.org


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LIVE FIRST

CUTTING-EDGE TECHNOLOGY. CLASSIC CUSTOMER SERVICE.

FAB&T has served Central Arkansas in 22 locations for nearly seven decades. We are proud to offer QŪB in the heart of our service area, an innovative approach to personal banking that extends the hours we are available to you. We’re proudly growing right alongside the communities we serve.

NMLS #486259

MEMBER FDIC

fabandt.com | 800-982-4511 | #LIVEFirst

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Entergy is bringing more solar power onto the grid with projects in east and south Arkansas. Photo courtesy of Entergy Arkansas.

Kurt Castleberry, director of resource planning and market operations at Entergy Arkansas, says the company has signed agreements to purchase power from two solar fields in Arkansas. One is called the Chicot Project, a 100-megawatt solar field near Lake Village that would occupy 800 acres of land and generate enough power for 16,000 homes. Castleberry said Entergy is still waiting on approval from the Arkansas Public Service Commission, and once that is given, construction on the project will begin shortly after. A solar field can be constructed and operational in less than a year, according to Castleberry. “These go up really quick,” he says. And that’s compared to three to four years of construction for a natural gas plant or even a decade for a nuclear plant, according to Castleberry. The second project is an 81-megawatt solar field near Stuttgart. If approved, NextEra Energy Resources will construct and operate the Chicot Project. The solar field near Stuttgart is also owned and operated by the same company. Entergy has signed a deal to purchase power from both solar fields for 20 years, Castleberry says. Entergy is making these investments because the economics of renewable

energy are getting better. Solar is a lower cost resource, and it’s emission free. “Their fuel is sunshine,” he says. Entergy has another emission free power option in the state with Arkansas Nuclear One, but its two units produce nearly 2,000 megawatts of power,

“Their fuel is sunshine,” says Kurt Castleberry of Entergy Arkansas. compared to the nearly 200 megawatts that will be produced by the two solar fields in Stuttgart and Lake Village. Another key difference? Arkansas Nuclear One produces power at all times of the day, whereas solar panels only do so when the sun is out. But Castleberry says batteries are getting more efficient and becoming more economic every year, which is a key advantage for the future of solar. Customers support Entergy’s efforts to invest in green technology like solar

panels, according to Castleberry. “We’ve seen a lot of good comments from customers,” he says. Castleberry adds, Entergy is working on a green tariff that, if approved by the state, would allow customers direct access to get their power from the Stuttgart solar field or the Chicot Project. Entergy would carve out a piece of those solar projects for any customer that wanted the option. If someone simply wants to make the leap to green technology and help the environment, the company works with customers that want that option, Castleberry says.

EVERYONE’S PLUGGING IN

Solar energy isn’t just good for the environment. It’s become increasingly better for the bottom line, too. As the cost of implementation decreases, solar is growing in profitability for utilities across the country, including here in Arkansas, creating a market in which companies can thrive. Little Rock-based Entegrity, a sustainability-minded energy service company that specializes in energy conservation, is capitalizing on the state’s expanding solar industry. Last month, the company acquired Richter Solar Energy, a solar energy firm out AMPPOB.COM . 9


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THE PASSION AND THE POWER TO CREATE CHANGE. Patricia Brown has spent the past 40 years working to change the fortunes of minority businesses in Arkansas. As Director of the Minority and Women-Owned Business Enterprise, her leadership has created opportunities for countless businesses to thrive and for the people of Arkansas to prosper. We applaud her tireless dedication to this crucial endeavor.

ArkansasEDC.com 1-800-ARKANSAS

REAL ESTATE & EQUIPMENT AUCTION

TWO DAY AUCTION- 2 LOCATIONS - SELLING REGARDLESS OF PRICE Day 1: June 20th @9am Address: 325 & 336 Brahman Lane, Scott, Ar. Real Estate: 240 Acres +/- with Mound Lake Frontage Prime property located minutes from Little Rock. Horse training/Boarding-Hunting Lodge or Hobby Farm

Real Estate: 1,700 & 1,024 Sq Ft Homes 9,459 Sq Ft Arena + adjoined 2,400 Sq Ft Barn 1,650 Sq Ft Barn w/corrals 1,200 Sq Ft Shop w/canopy 25 Acres +/- Pasture 130 Acres +/- Hardwoods Equipment: JD 4720 Tractor 2004 Kubota 900 ATV New Holland LB70 Fairoaks 14’ Grader Blade 8’ Kilifer MG Diesel Welder 16’ Fishing Boat w/40HP Yamaha

Day 2: June 21@ 9am Real Estate: Address: 265 Windy Lynn Lane, England, AR 23,800 Sq Ft Main Building w/ Real Estate: Industrial Building on 10 +/- Acres 2-20 ton overhead cranes & rail

system w/separate sandblasting & paint shops. 1,800 Sq Ft office. 12”reinforced concrete floor. Equipment: 1,000 ton Press Brake Crossfire Cutting table Ironworker Computerized Band Saw Fork lifts & Trucks (20) Welders (22) Wire Feeders

For complete list visit blackmonauctions.com Inspection: By appointment only. Contact Michael Hinze 501-352-4709. Real Estate Terms: Offers will be accepted 10 days prior to Auction. 10% Buyers Premium. Must have proof of availability of funds to register. $50,000 Earnest Money in form of Cashier’s Check made to Thomas Blackmon Realty due day of sale. Closing within 30 days. Announcements made day of sale take precedence over printed material. Equipment Terms: 10% Buyers Premium. Buyers unknown to Blackmon Auctions must bring a letter of credit from their bank. You must pay for your items on auction day.

THOMAS BLACKMON REALTY - BLACKMON AUCTIONS, INC PO BOX 7464, LITTLE ROCK, AR 72217

Thomas Blackmon AALB 781 • Michael Hinze AR#PB00055586 For More Info, visit www.blackmonauctions.com Michael Hinze: 501-352-4709 or michael@blackmonauctions.com OFFICE 501-664-4526 22 . JUNE 2018


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Anne’s Pomeranian-mix Reagan was adopted through an animal-rescue organization.

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Canon Reeves

Douglas Hutchings, Ph.D.

The McMillon Innovation Studio activates multi-disciplinary student design teams focused on prototyping new models of delivery, services, products and policies.

The Brewer Family Entrepreneurship Hub off the Fayetteville square is a training, networking, and co-working space for student, alumni, and faculty entrepreneurs.

Class of 2020, University of Arkansas College of Engineering Co-Founder, ArkanCode McMillon Innovation Challenge winner 2017 Startup Weekend winner 2018

Founder and CEO, Picasolar Alum, Microelectronics-Photonic Graduate Program and Entrepreneurship Certificate Program Brewer Family Entrepreneurship Hub mentor

Lauren DeLeon

Sr. Customer Insights Analyst Johnson & Johnson Executive MBA

The Walton Executive MBA Program allows working professionals to complete an innovative MBA degree over two years,combining online instruction with one face-to-face Saturday a month.

Be epic. walton.uark.edu 28 . JUNE 2018


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