United Power Board of Directors Allocates an Additional $300,000 to Co-op Cares Fund to Support Members Economically Affected by the COVID 19 Pandemic
Brighton, CO – United Power’s Board of Directors approved an additional $50,000 to add to the $250,000 allocated earlier in the year to be earmarked for members financially impacted by COVID 19 through the remainder of 2020. The board has also generously authorized another $250,000 to help members in 2021. The money for this fund is allocated from the cooperative’s unclaimed capital credits. The Co-op Cares Fund is designed to assist members who have been directly impacted by COVID 19 – particularly those who have been affected by illness and job losses.
“The Co-op Cares Fund has been an important pillar in our strategy to provide support to our members during this difficult time and complements the many other ways United Power is helping our members weather this situation,” stated Bryant Robbins, interim CEO. “Through this program, United Power is providing $550,000 in direct assistance to our members who are being financially impacted by COVID-19. We are proud to have already provided more than $270,000 in assistance to more than 1,500 members so far this year.”
In addition to the Co-op Cares Fund, United Power has various means of helping members stay on top of their electric bills including payment arrangements, extensions, prepay, budget billing, and assistance from local agencies. United Power encourages members to contact us so we can connect them with the most appropriate assistance program for their situation.
“United Power has several ways to help members when they are having difficulty paying their electric bills,” stated Robbins. “All we are asking our members to do is pick up the phone and call us if they are having difficulty paying their bill. We can’t help you if we don’t know you are struggling.”
The Co-op Cares Fund will be available for assistance through the end of 2021, or when the fund is depleted. United Power members who are impacted by the current health emergency or any other situation can reach our Member Services department at 303-637-1300.
United Power is a member-owned, not-for-profit electric cooperative delivering electricity to nearly 95,000 meters at homes, businesses, and farms in Colorado's north-central front range. For more information about the cooperative, visit www.unitedpower.com or follow them on social media at facebook.com/unitedpower or twitter.com/unitedpowercoop.
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