BRIGHTON, CO and FRAMINGHAM, MA – July 29, 2024 – United Power, Inc., an electric cooperative serving Colorado’s northern Front Range, today announced the successful completion of construction of multiple Battery Energy Storage Systems (BESS) in collaboration with Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy. These battery energy storage systems underscore significant advancements in utility infrastructure, enhancing both resiliency and energy security as the industry shifts toward a more sustainable future. Together they also represent the largest wholly owned BESS asset portfolio in Ameresco’s history.

The assets are designed to provide 78.3 MW, 313.34 MWh of battery storage capacity to the United Power electric distribution system across multiple sites. Five of the sites have been placed in service and the remaining three sites are expected to be placed in service by the end of the summer. Strategically positioned throughout United Power’s service territory, these eight advanced battery systems are pivotal in enabling United Power to enhance load balancing and integrate renewable resources seamlessly.

“The use of batteries on our distribution network is essential to a resilient and responsive power grid, and we are excited to be moving ahead with one of the most aggressive plans for such systems. These battery energy storage systems will allow us to balance our power needs throughout the day and incorporate local renewables more efficiently,” said Mark A. Gabriel, President and CEO of United Power.

The Ameresco-owned assets consist of four 11.75 MW and four 7.84 MW battery energy storage systems across the eight different substation sites owned by United Power, located in Adams, Broomfield, and Weld counties. In addition, Ameresco integrated Stem’s AI-driven clean energy software to efficiently operate and maintain the systems. These batteries will allow the cooperative to store and dispatch power efficiently during periods of high consumption. By leveraging this innovative technology, United Power optimizes its energy resources, enhances its grid resilience, and ensures a reliable electricity supply for its members.

“Partnering with United Power on these transformational battery energy storage systems has been incredible – in just under a year of working together we have accomplished so much,” said Jonathan Mancini, Senior Vice President, Ameresco. “The inclusion of this expansive set of assets in Ameresco’s portfolio is an amazing milestone for our team, as our largest wholly owned BESS asset portfolio to date. Energy storage plays – and will continue to play – a crucial role in enhancing grid reliability, optimizing renewable energy utilization, and fostering a resilient and efficient energy future. We look forward to continuing to help support utility companies in meeting increasing demand.”

Today, a ribbon-cutting ceremony was held to celebrate completing construction of the BESS assets. The event took place at United Power's Bromley Substation located in Brighton, CO.

To learn more about United Power’s industry leading energy transition outlined in its long-term vision for the future, read Our Cooperative Roadmap at www.unitedpower.com/roadmap.

For additional information on Ameresco and its energy solutions, visit www.ameresco.com.

About United Power: United Power is a member-owned, not-for-profit electric cooperative, delivering electricity to homes, farms, and businesses throughout Colorado’s northern front range. The cooperative is one of the fastest-growing electric co-ops in the nation, serving more than 112,000 meters. It’s 900-square mile service territory extends from the mountains of Coal Creek and Golden Gate Canyon, along the I-25 corridor and Carbon Valley region, to the farmlands of Brighton, Hudson, and Keenesburg. United Power is also a founding member of the NextGen Cooperative Alliance, which is dedicated to expanding the power supply and procurement options available to distribution co-ops and reforming the traditional generation and transmission business model. For more information about United Power, visit www.unitedpower.com or follow the cooperative on Facebook, X, LinkedIn, YouTube, and Instagram.

About Ameresco, Inc.: Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes solutions that help customers reduce costs, decarbonize to net zero, and build energy resiliency while leveraging smart, connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, constructing, and operating distributed energy resources – we are a trusted sustainability partner. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.

The announcement of the development of a renewable energy asset by Ameresco is not necessarily indicative of the timing or amount of revenue from such asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. This project was included in our previously reported assets in development as of March 31, 2024.

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Brighton, CO –- A project sponsored by United Power was among those selected by Colorado’s Department of Local Affairs (DOLA) to receive a grant from the more than $2 million awarded through the Microgrids for Community Resilience Grant Program. The program, established by House Bill 22-1013, is designed to enhance community resilience during electric grid disruptions through the development of microgrids. United Power was awarded $700,696 to offset the cost of microgrid systems to support rural emergency services in the cooperative’s territory.

United Power’s project represents one of the initial projects funded since the U.S. Department of Energy (DOE) formally awarded the Colorado Energy Office (CEO) and DOLA $17.2 million for the first two years of a five-year funding program. Grant funds will be used to support the study of the potential role of microgrids in advancing state energy goals, such as increasing the resiliency and reliability of the electric grid; reducing greenhouse gas emissions; and supporting the state’s transition to clean energy and beneficial electrification.

“This project, developed in coordination with four of our local fire departments, is a win for the first responders and the communities they serve,” said Mark A. Gabriel, President and CEO of United Power. “The battery systems we have proposed will allow these fire stations to operate uninterrupted in the event of a power outage, so they can provide critical services to our members during an emergency. Cooperatives, which are governed locally, are ideally situated to test and deploy local energy solutions.” 

The $700,696 award will offset the cost of microgrid systems, placing batteries at four facilities in the United Power service territory: Blue Mountain Fire Station #3 (Coal Creek Canyon); Frederick Firestone Fire Protection District Station #4 (Del Camino); Hudson Fire Protection District Station #3 (Lochbuie); and Mountain View Fire Rescue Station #7 (Dacono). 

“This partnership with the communities we serve is at the heart of what makes the cooperative business model unique,” said Trista L. Fugate, Senior Vice President and Chief Marketing Officer. “We worked with each community to develop a solution that would meet their most critical needs. It is just one of the many ways United Power is working to make sure the safety and best interests of every member is met.” 

“We are honored and pleased to continue our collaborative efforts with United Power to bring resiliency within our emergency services network and into the community power grid enhancing the quality of life for residents and businesses alike,” said Fire Chief Jeremy A. Young, Frederick-Firestone Fire District. “We are fortunate to have partners such as United Power that remain diligent behind the scenes to ensure essential services remain a collaborative effort for all those we serve.”

The batteries will ensure these critical response facilities continue to operate should a widespread outage occur in the area. During non-emergency conditions, the batteries will provide additional benefits to cooperative members as a load balancing tool. They will also reduce the need to activate fossil fuel backup generation during outages. 

“Hudson Fire Protection District is honored to have been selected as an award recipient for the Microgrids for Community Resilience Grant Program,” said Alan Anderson, Assistant Chief. “This initiative is a significant step forward in our commitment to ensuring uninterrupted service and safety for our community, particularly in times of crisis. We are grateful to the Colorado Energy Office and the visionaries behind House Bill 22-1013 for their support and investment in grid reliability and resiliency. We also sincerely thank United Power for their work and for facilitating the grant process. Together, we are building a stronger, more resilient future for our community.”

The project complements United Power’s ongoing efforts to build a more resilient and responsive local grid that incorporates a variety of local generation resources, while allowing for local balancing of system demand. To learn more about United Power’s industry leading energy transition, check out the guiding principles of Our Cooperative Roadmap. 

About United Power

United Power is a member-owned, not-for-profit electric cooperative, delivering electricity to homes, farms, and businesses throughout Colorado’s northern front range. The cooperative is one of the fastest-growing electric co-ops in the nation, serving more than 112,000 meters. Its 900-square mile service territory extends from the mountains of Coal Creek and Golden Gate Canyon, along the I-25 corridor and Carbon Valley region, to the farmlands of Brighton, Hudson, and Keenesburg. United Power is also a founding member of the NextGen Cooperative Alliance, which is dedicated to expanding the power supply and procurement options available to distribution co-ops and reforming the traditional generation and transmission business model. For more information about United Power, visit www.unitedpower.com or follow the cooperative on Facebook, X, LinkedIn, YouTube, and Instagram.

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Brighton, CO – United Power proudly announces its scholarship recipients for 2024. This year, the cooperative awarded more than $30,000 in scholarships to outstanding students in its service territory. The United Power Scholarship Committee selected 18 high school seniors based on grades, test scores, extracurricular activities, community involvement, and a written essay. Applications are made available on the cooperative’s website by December each year. 

2024 scholarship recipients: 

• Harley Baas, Branson School Online, United Power Community College Scholarship, $1,000
  
• Lucas Burela, Brighton High School, United Power Colorado College Scholarship, $2,000
• Lilliana Ritter, Prairie View High School, United Power Technical Scholarship, $1,000
• Rachael Schmidt, Frederick High School, United Power Colorado College Scholarship, $2,000
• Giselle Sixtos, Fort Lupton High School, Lois Lesser Education Scholarship, $1,000
• Alanna Snyder, Horizon High School, Bill Berens Memorial Scholarship, $1,000
• Skylar Whalen, Mead High School, United Power Youth Leadership Scholarship, $1,500

Additionally, United Power dedicates a Bright Futures Scholarship to each high school within its service territory, provided students from those schools submit applications. This year, United Power distributed 11 scholarships for $2,000 each, including one “at-large” selection.  

Bright Futures scholarships for 2024 were awarded to Cody Bydalek, Weld Central High School; Elizabeth Clement, Stargate Charter School; Sydney Dawson, Eagle Ridge Academy; Paige Gibbs, Fort Lupton High School; Josh Goodrich, Mead High School; Colt Lanaghen, Mountain Territory; Devyn Nabarrete, Erie High School; Joaquin Rodriguez, Riverdale Ridge High School; Paige Walker, Prairie View High School; Nicholas Aasmundstad-Williams, Frederick High School; and Owen Woodford, Brighton High School. 

More information about United Power’s scholarships, including a video commemorating this year’s recipients, can be found here.  

United Power is a member-owned, not-for-profit electric cooperative, delivering electricity to homes, farms, and businesses throughout Colorado’s northern front range. The cooperative is one of the fastest-growing electric co-ops in the nation, and in June 2021 joined the elite ranks of cooperatives serving more than 100,000 meters. The 900-square mile service territory extends from the mountains of Coal Creek and Golden Gate Canyon, along the I-25 corridor and Carbon Valley region, to the farmlands of Brighton, Hudson, and Keenesburg. United Power is also a founding member of the NextGen Cooperative Alliance, which is dedicated to expanding the power supply and procurement options available to distribution co-ops and reforming the traditional generation and transmission business model. For more information about United Power, visit www.unitedpower.com or follow the cooperative on Facebook, X, LinkedIn, YouTube, and Instagram.

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Brighton, CO - On May 1, 2024, United Power officially departed from its prior wholesale power contract, allowing the cooperative to restructure the energy resources in its power mix and provide a more flexible framework for its members. TEA Solutions, a sister company of The Energy Authority, worked with the cooperative’s team to complete the transition from a single supplier to multiple wholesale energy providers.

“United Power is excited for our revolutionary new energy future,” said Mark A. Gabriel, President and CEO of United Power. “Our move away from a single, central power supplier will give us the flexibility and responsiveness that a utility needs to be competitive in the changing power market. We will be able to better meet the varied needs of our members and provide more predictable costs in the future.”

The cooperative’s partnership with TEA Solutions will provide for a variety of services on the power delivery side, including portfolio management, trading, and load forecasting. The full suite of services will ensure that the cooperative has adequate oversight of its multiple power sources and has an experienced team of specialists working to manage risk in the forecasting and trading markets.

“We’re proud to be United Power’s partner of choice as they begin their next chapter operating as an independent utility,” stated Joanie Teofilo, President and CEO of TEA Solutions. “This partnership demonstrates our commitment to assisting community-owned utilities in delivering reliable and affordable service to their residents.”

United Power’s decision to leave its former power supplier grew from a variety of changes in the electric delivery market and the fact that wholesale power represented 74% of all the cooperative’s costs prior to its departure. The previous contract also made it difficult to meet the growing demand for the integration of local generation sources, including rooftop solar. Additionally, the structure required that the cooperative cover a growing percentage of the power supplier’s costs that did not directly benefit United Power members.

“TEA Solutions offers a customized solution for electric utilities to provide the depth and experience we need to efficiently manage our power acquisition and delivery,” said Gabriel. “We are excited to work with an experienced and accomplished team of professionals who, along with cooperative staff, were able to manage our transition smoothly and without interruption.”

TEA Solutions will provide support for United Power’s unique energy needs, helping the cooperative meet its goals for delivering sustainable and economical power to its members.

“We are proud of our team’s hard work throughout this entire process and look forward to continuing our partnership with United Power,” said Teofilo. “We are dedicated to ensuring their success in this new market and future expanded markets while supporting their continued excellent service to their communities.”

United Power’s Board and staff were committed to finding a power solution that provides members with reliable power at more predictable prices into the future. Changes in the wholesale power market, increasing needs for flexibility in the delivery system, and growing ongoing operational costs from the cooperative’s former wholesale energy provider drove the need to seek out a change. United Power completed its withdrawal from its wholesale contract with Tri-State Generation and Transmission on May 1, 2024, with a historic funding agreement signed in April 2024.

About United Power

United Power is a member-owned, not-for-profit electric cooperative, delivering electricity to homes, farms, and businesses throughout Colorado’s northern front range. The cooperative is one of the fastest-growing electric co-ops in the nation, and in June 2021 joined the elite ranks of cooperatives serving more than 100,000 meters. The 900-square mile service territory extends from the mountains of Coal Creek and Golden Gate Canyon, along the I-25 corridor and Carbon Valley region, to the farmlands of Brighton, Hudson, and Keenesburg. United Power is also a founding member of the NextGen Cooperative Alliance, which is dedicated to expanding the power supply and procurement options available to distribution co-ops and reforming the traditional generation and transmission business model. For more information about United Power, visit www.unitedpower.com or follow the cooperative on Facebook, X, LinkedIn, YouTube, and Instagram.

About TEA Solutions

TEA Solutions provides community-owned utilities with a full suite of services to manage and maximize their wholesale energy load. TEA Solutions leverages the talent, systems, and tools of The Energy Authority which provides trading and risk management services to over 70 clients – with combined generating assets of over 25,000 MW.

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