Energy, Utilities & Water  September 12, 2019

Tri-State keeps power prices flat through 2020

WESTMINSTER  — Tri-State Generation and Transmission Association Inc., a Westminster wholesaler of electricity, said it will not increase prices for its members despite an increase in expected demand.

In a statement, the company said it’s able to maintain prices by keeping operating costs flat, tapping into a relatively cheap electricity market and using renewable energy. Tri-State has kept rates at an average of 7.5 cents per kilowatt-hour over the past three years despite delivering 4.7 percent more electricity during the same time period.

Tri-State counts 43 separate power systems as customers in Colorado, Nebraska, Wyoming and New Mexico.

WESTMINSTER  — Tri-State Generation and Transmission Association Inc., a Westminster wholesaler of electricity, said it will not increase prices for its members despite an increase in expected demand.

In a statement, the company said it’s able to maintain prices by keeping operating costs flat, tapping into a relatively cheap electricity market and using renewable energy. Tri-State has kept rates at an average of 7.5 cents per kilowatt-hour over the past three years despite delivering 4.7 percent more electricity during the same time period.

Tri-State counts 43 separate power systems as customers in Colorado, Nebraska, Wyoming and…

Ken Amundson
Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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