Tri-State Generation and Transmission Association, Inc.’s Post

As part of the most significant federal investment in rural electric cooperatives since 1936, Tri-State has been selected in the U.S. Department of Agriculture’s Empowering Rural America (New ERA) Program, which is designed to help rural cooperatives implement reliable and affordable clean energy transitions. "This is a big deal and transformational opportunity for Tri-State and other electric cooperatives across the country. We are incredibly grateful to the Tri-State Board of Directors, our members, staff and stakeholders who have championed the New ERA Program and our application," said Tri-State CEO Duane Highley. “With strong support, we are positioned to advance an industry-leading, reliable clean energy transition, while lowering costs to our members and rural consumers at the end of the line, and together investing in the communities we serve." Tri-State’s New ERA application proposes to: - Build or purchase 1,480 megawatts (MW) of solar, wind, and battery storage in Colorado, Nebraska, New Mexico and Wyoming. - Support the retirement 1,100 MW of coal-fired generation in Arizona, Colorado and New Mexico, without negatively impacting reliability. Through this portfolio, Tri-State would: - Reduce the revenue required from members through rates by $422 million over 20 years. - Eliminate nearly 5.8 million tons of greenhouse gas emissions annually. - Work across our members’ service territories and with project communities to identify and deliver additional community benefits, including for farmers and ranchers. “We are excited that Tri-State has been selected as a finalist for New ERA funding,” said Tri-State member Poudre Valley Rural Electric Association (Fort Collins, Colo.) President and CEO Jeff Wadsworth. “This recognition not only highlights a significant opportunity for Tri-State but also benefits the members of Poudre Valley REA. It reaffirms our collective dedication to fostering an equitable energy transition for Rural America.” "A New ERA award for Tri-State is really an award for all of Tri-State’s members and those we serve at the ‘end of the line’,” said Tri-State member Otero County Electric Cooperative (Cloudcroft, N.M.) Chief Executive Officer Mario Romero. “With strong planning and support through USDA, we can ensure that even as we add renewables and reduce emissions, our rural communities can remain confident that their power will remain reliable and affordable.” As Tri-State transitions, we continue to work with and support our communities and employees, including in northwest Colorado. https://lnkd.in/gjj67CCv

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Matthew Jolovich

Maintenance Planner at Basin Electric Power Cooperative - Certified Flight Instructor FAA LSRM-A

1mo

You state that this will be “lowering costs to our members and rural consumers at the end of the line, Will this be partial or wholly govt funded? Where does all the money come from? You fail to mention a few steps in the process and that the cost will fundęd by the taxpayers and users.

Adam Q.

Board Member, Advisor

1mo

Kudos to Tri-State Generation and Transmission Association, Inc. for this substantial award to accelerate #cleanenergy investment in its generation mix - this will benefit members, public health and the fight against #climatechange.

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Lisa Hough

President/CEO | JD - 2024 Outstanding Woman in Business, Denver Business Journal

1mo

Great to see another AC-REP investor selected for this transformative award! We are honored to have the headquarters of Tri-State Generation and Transmission Association, Inc. located in our region and providing good jobs for our workforce. Kudos to Drew Kramer and the team for your efforts. #Sustainability #energyfuture

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David Rutherford

Seeking substation work

1mo

Glad to hear this. Well done Tri State! Your company is definitely top notch and deserving

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Leesa Nayudu

Vice President - Power Marketing at Solariant Capital LLC

1mo

Congratulations! I know you will put the funds to great use!

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Brandon Irons

Electric Utility- Battery Storage Sales Executive

1mo
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Sue McWilliams

Aspen Gold Consulting

1mo

Great news!

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