September 28, 2023

PRPA plans $466M capital spending over next five years

The chart above shows the share of capital spending for each purpose over the next five years. Source: PRPA board packet
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FORT COLLINS — Platte River Power Authority, if its board concurs, will spend upward of $466.2 million over the next five years to support capital projects, mostly in the area of conversion to non-carbon-generating sources.

The board heard a budget presentation Thursday morning from Jason Harris, controller of the wholesale utility that provides electrical power to Loveland, Longmont, Fort Collins and Estes Park.

Harris noted in his presentation that no new non-carbon resources are coming on line in 2024, but in 2025 and beyond, there will be non-carbon additions. Many of those, however, are not part of the capital budget because that…

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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.
Categories: Today's News Estes Park Fort Collins Longmont Loveland Sunday Weekly Utilities Jason Frisbie Jason Harris Platte River Power Authority
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