Impact to be Spread Across All Rate Classes

United Power members will see a rate increase effective for usage beginning Jan. 1, 2024. United Power Board members and staff recently reviewed the cooperative’s costs and determined that rates need to be raised an average of 9.5% to help the cooperative maintain a healthy financial profile.

“These decisions are always difficult, and the Board carefully scrutinized spending in all areas across the cooperative before reaching the conclusion that rates need to be increased,” stated Mark A. Gabriel, President and CEO. “Your cooperative has worked hard to keep costs as low as possible for members during the last three years, especially when inflation began to impact the cost of nearly everything we need to maintain normal day-to-day operations. While we knew this effort was only a delay tactic, we really aimed to keep rates stable for members while costs for everything else in their households were rising.”

Average Household to See $10-$15 Increase Monthly

The average residential member will see increases in both the demand charge and in the energy charge, while the fixed charge will remain the same. The demand charge will increase from $1.50 to $2.50 per kW, while the energy charge will increase from 9.95 cents per kwh to 10.39 cents. 

The average household on the standard residential rate using about 850 kwh per month with a demand of 7 kW will see their bill rise from $114.08 to $124.82, an increase of $10.74. 

Residential time-of-use members will see a similar increase, with an increase in demand from $1.50 to $2.50 per kW. On-peak energy charges will rise from 15.4 cents to 16.07, and off-peak energy charges will increase from 5.25 cents per kwh to 5.5 cents. All other rates will see similar increases. See full menu of rate changes here. 

The cooperative’s rate model forecasts that most households will see a $10-$15 per month increase in their electric bill. However, the structure of United Power’s rates provides members the ability to keep costs lower by controlling demand. Reducing demand is as simple as not using electric appliances at the same time. Additionally, setting timers on dryers and dishwashers so they start after the family goes to sleep moves the demand of that appliance to a lower use period and actively reduces demand costs.

Learn more about demand and how you can reduce the impact of this portion of your bill.. 

Why are rates rising now?

It is important to understand that the cost of wholesale power makes up approximately 75% of a member’s bill. United Power’s current wholesale power supplier is planning a large rate increase in 2024, including a significant change in their rate structure. Once approved, the new rate structure will shift expenses from generation to transmission, which will have a considerable impact on United Power even after our exit. In other words, the cost to deliver power to our members will increase next year — regardless of who is generating and supplying that power. Fortunately, the cooperative will begin purchasing and managing its own wholesale power supply on May 1, 2024, giving us greater control over this portion of our power cost.  

United Power staff has kept a watchful eye on spending, particularly over the past three years, but our operation is challenged by rising costs just like most households and businesses. Unavoidable increases in property taxes and insurance premiums are impacting the cooperative. Add to this the rising cost of construction materials and critical components like transformers and wire, and it has been a challenge to balance our budgets. Even the costs for attracting and retaining talented employees continues to climb in both wages and benefits. 

How Can Your Cooperative Support You?

United Power has numerous resources to help our members manage their energy usage. Weatherization information to make your home envelope tighter, energy audits to provide tips on energy efficiency measures, rebates to support purchasing energy efficient appliances, and information on lifestyle changes that can help reduce costs are all ways we put the power to control costs in our members’ hands. 

If you need help managing your electric costs, please feel free to contact us for assistance. Members may reach United Power by phone at 303-637-1300, via email, or by chat at www.unitedpower.com during normal business hours.

NOTICE OF CHANGE IN THE RATES, RULES, AND REGULATIONS TARIFFS OF UNITED POWER, INC.

DATE OF NOTICE: October 27, 2023

You are hereby notified that UNITED POWER, INC. (United Power) proposes to make changes to several of its rate tariff schedules to become effective for energy usage on or after Jan. 1, 2024 (billings issued after Feb. 1, 2024*). An increase is necessary for all rate classes due to increased wholesale power supply costs and increased distribution expenses since the last increase effective Jan. 1, 2020. There will be a 9% increase to Industrial Service Substation or Transmission Service (ITD4) and a 9.1% increase to Industrial Service Substation or Transmission Service (ITD1). There will be a 9.2% increase to Industrial Service Substation or Transmission Service (ITD2) and 9.3% increase to Small Industrial Primary (SIP1). The Residential (R1) rate class, Large Commercial Coincidental Peak Secondary Demand (CPS1), and the Industrial Service Substation or Transmission Service (ITD3) will have a rate increase of 9.5%. There will be a 9.6% increase to Small Commercial (C1), Large Commercial Secondary Demand Service (ISD1), Large Commercial Coincidental Peak Primary Demand (CPP1), and a 9.8% increase to Residential On-Peak Demand Time-of-Use Service rate (RDP1). The Residential Time of Use (RTD1), Residential Smart Choice (RD1), Small Commercial Time of Use (CTD1), and Irrigation (IRR2) rates will have an increase of 9.9%. The non-metered light service (L2) will have an increase of 7.8%. The increase to rates R1, RTD1, RDP1, RD1, C1, CTD1, IRR2, ISD1, SIP1, IPD1, ITD1, ITD2, ITD3, and ITD4 will include a wholesale power cost adjustment (PCA) to the energy usage and an increase in the demand charge. The PCA for each rate will be listed on the PCA rate tariff (7.1), and the change in demand will be listed on each applicable rate tariff. Net Metering Service will reflect an increase in the rated capacity limit from 120% to 200% of annual energy usage, and the Electric Vehicle Charges under the pilot program will be updated to an established program. 
  
In addition to rate tariff changes, there are several modifications to update and reflect current business practices in the Rules and Regulations. These updates are to become effective on or after Jan. 1, 2024. Staff has reviewed the current Rules and Regulations tariffs. Business units across the organization were involved in the review. The following main areas have been identified needing revisions or updating: (1) incorporating Regulatory Policy, (2) incorporating Line Extension Policy, (3) updates to Service Connection and Line Extension Fee Schedule, (4) formatting and grammatical updates for ease of use, consistency, and clarity, and (5) updates for Current Business Practices to reflect technological changes, system changes, and efficiencies.

The present and proposed tariff provisions are available for examination at the Coal Creek Branch Office, located at 5 Gross Dam Road, Golden, Colorado; the headquarters office located at 500 Cooperative Way, Brighton, Colorado, and the Carbon Valley Branch office at 9586 E. I-25 Frontage Road, Longmont, Colorado.

Anyone who desires to comment about the proposed changes shall file either an informal complaint or a formal complaint with United Power at 500 Cooperative Way, Brighton, Colorado 80603 at least 10 days before the proposed effective date. 

An informal complaint shall be in writing and shall contain such facts and other information to adequately state the reason(s) for the complaint. An informal complaint shall be considered by United Power, in regard to the proposed tariff changes, but will not require that a hearing be held.

Anyone who desires a hearing must file a specific and formal complaint to the proposed changes and a request for hearing at least 10 days before the proposed effective date. A formal complaint shall be in writing in the form prescribed by United Power’s Regulations Governing Consumer Complaints and Related Matters. Upon request, a copy of said regulations is available from United Power.

United Power may hold a hearing to determine what changes will be authorized, regardless of complaints. If proper formal complaints and request for hearings are timely filed, the United Power Board of Directors shall schedule a hearing. The changes ultimately authorized may or may not be the same as those proposed and may include changes different than those tariffs proposed or currently in effect. Anyone who desires to receive notice of hearings, if any, shall make a written request therefore to United Power, at the above address at least 10 days before the proposed effective date.

UNITED POWER, INC.

By: Mark A. Gabriel, President and Chief Executive Officer

*BIlls received prior to Feb. 1 may include some January usage. If so, the bill will reflect the new rate for that usage.

United Power members can find more information about the proposed 2024 rate increase here. 

National Drive Electric Week is Sept. 22 - Oct. 1

The Colorado Energy Office announced an ambitious grant program in 2018 to develop several electric vehicle (EV) fast-charging corridors throughout the state, making travel possible even across its large rural and mountainous areas. Many of these corridors have started to come into shape over the past couple years, which is a large part of why the state has consistently been ranked among the best places to own an EV as a daily driver. 

Once completed, several of those corridors will traverse along interstate, state, and U.S. highways that intersect United Power’s suburban territory north and northeast of Denver. The cooperative proactively launched its own fast-charging network in conjunction with ChargePoint in 2019, and received a grant from the Colorado Energy Office to install its second location in Keenesburg in 2021. A third was also added at the Carbon Valley office last year. The network was designed to bridge gaps in available charging options and make rural EV ownership more practical and feasible.

Members who are still unsure about EVs may be interested in learning more about new programs United Power has introduced in the past year, including United EV, a pilot program that provides cost-effective at-home charging solutions, and make-ready wiring rebates, providing up to $1,000 toward the cost of preparing your home for an EV charger.  

United EV enrollment provides a complete service package including installation and setup of a wall-mounted ChargePoint Home Flex level 2 charger and maintenance and repairs for the duration of the enrollment period. All this is available for a $19 monthly service fee. 

For more information about United EV, available wiring rebates, and charging network locations, visit the cooperative’s EV Home or reach out to the Energy Management team at 303-637-1233. 

National Preparedness Month is a good time to make plans for emergencies of all kinds. Members who rely on medical equipment that requires electricity to operate should have a plan prepared for large disasters and shorter power interruptions. Your plan should include how to provide backup power should you lose electric service for a few hours, and an evacuation plan if you sustain a prolonged power outage or receive a mandatory evacuation order. 

Plan accordingly if you or a loved one cannot be without power. If possible, a backup battery, generator, or alternate electrical resource is ideal. Or you may want to explore newer solutions and consider manual hand cranks, foot pumps, or other simple tools that might suffice when nothing else works. Be sure your backup devices are fully charged, ready to go, and that your caregivers know how to operate them.

Colorado’s Medicaid Battery Backup Program

Recognizing the importance of preparedness for individuals on life-sustaining medical equipment, the Department of Health Care Policy and Financing has a program to distribute battery-based, power backup systems to eligible Coloradans. If you are a qualified Health First Colorado (Colorado’s Medicaid program) participant, you may qualify for assistance. 

For more information, including a checklist to use while developing your backup plan and a link to the Medicaid Battery Backup Program, visit the Medical Devices page.

Xcel Energy to provide United Power and its members with excess low-carbon, renewable electricity

Brighton, CO – United Power an electric cooperative serving Colorado’s northern Front Range, and Xcel Energy, one of the nation’s largest investor-owned utilities, entered into a strategic relationship to explore opportunities for maximizing the value of their combined portfolios and advancing the State of Colorado’s progress toward a low-carbon energy footprint. The utilities are entering a power supply arrangement that would provide United Power access to Xcel Energy’s increasingly carbon neutral portfolio to the benefit of Xcel Energy customers and United Power members. The working agreement will allow both utilities to leverage cost savings through power purchases while continuing to invest in new, clean renewable resources.

“This is a win-win for both utilities,” stated Mark A. Gabriel, President and CEO of United Power. “The ability of two large utilities working toward a common goal will benefit everyone. Together we will plan our energy needs, negotiate lower pricing, and assure reliability for our members and customers. This is an important step as we enter the new future of electric procurement and delivery.”

The agreement aims to facilitate a shared strategic vision for electric power delivery. Xcel Energy seeks to leverage its renewable energy resources by making sales to United Power at times when excess energy is available, providing United Power with access to Xcel Energy’s significant portfolio at attractive prices. The two utilities hope to develop a long-term relationship in which both will work in tandem to drive down power costs, understand how best to serve the future load of the cooperative’s members and Xcel Energy’s customers, and work toward the mutual goal of integrating more renewable energy in support of the State of Colorado’s renewable resource goals.

“The electric industry is changing, and United Power is working with Xcel Energy to help lead this revolution,” stated Gabriel. “Meeting federal and state requirements, keeping costs economical, and making certain our load is predicable are planned outcomes of this strategic relationship.”

United Power is preparing for an exit from its current wholesale power contract with another power supplier on May 1, 2024. The electric cooperative has been securing a variety of power generation contracts to continue to supply its members following its exit from the contract.

“Today’s announcement solidifies our close working relationship with United Power, one of the largest and fastest-growing cooperative utilities in Colorado, by supplying increasingly carbon-free energy from Xcel Energy’s generation resources,” said Robert Kenney, President of Xcel Energy-Colorado. “Our strategic relationship will maximize the value of both companies’ combined generation towards achieving our goal of reducing carbon emissions by 80% by 2030, from 2005 levels, and providing 100% carbon-free electricity by 2050.” 

United Power serves nearly 110,000 meters and maintains and operates over 6,500 miles of distribution line. The 900-square mile service territory wraps around the north and west borders of the Denver International Airport. It includes the north and northeast metropolitan development corridors along Interstate 25, Interstate 76, State Highway 85, and E-470 and the Golden Gate and Coal Creek canyons, two of Colorado’s most iconic and historic mountain canyons. As a result of its geographic location, United Power’s system is experiencing significant demand and energy growth, averaging approximately 6% annually.

To learn more about United Power’s power supply transition, visit Power Supply.

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 Co-op 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 (formerly known as Twitter), LinkedIn, YouTube, and Instagram.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on X, formerly known as Twitter, and Facebook.    

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Colorado is no stranger to weather-related disasters and record-breaking storm systems. Strong storms may dump feet of snow, generate destructive wind speeds, or spark a devastating wildfire. Each September, the Federal Emergency Management Agency recognizes National Preparedness Month to educate and empower Americans to take simple steps to prepare for and respond to potential emergencies that could affect us where we live, work, and visit. This year’s theme, “Preparing for Older Adults,” touches how to plan ahead.

Make a Plan. Expecting the unexpected begins with having a plan in place. Coordinate with your family, loved ones, or caregivers to respond quickly in the event of a disaster or weather-related emergency. A plan should include the following:

• Create a support network of family, friends, and others, including caregivers, who can assist you during an emergency. Establish two-way communications, transportation, and living arrangements between you and your care community, especially if power is interrupted. Consider how any pets or service animals can continue receiving care, if necessary.
• Make sure at least one person in your support network has an extra key to your home, knows where you keep your emergency supplies, and knows how to use life-saving equipment or administer medicine. 
• If you undergo routine treatments at a clinic or hospital, find out their emergency plans and work with them to identify backup service providers. 
• If you rely on any devices for physical assistance, plan on how you will have those with you during an evacuation, if required. 

Build a Kit. Gather supplies for several days, considering your unique needs. Include items such as food and water; medications and medical supplies; any necessary medical documentation, such as Medicaid, Medicare, and other insurance cards; pet supplies; batteries and chargers; etc. You may also include items such as a first aid kit, flashlight, and/or radio. Remember to keep your kit updated. 

Electronic Benefits. If you depend on Social Security or other regular benefits, switching to electronic payments is a simple, important way to protect yourself financially. You can sign up for direct deposit by calling  800-333-1795 or visiting www.godirect.gov/gpw. 

For more information on National Preparedness Month, including sample emergency communications plans, organizations you can volunteer with during disasters, and more, visit www.ready.gov.