Date: 4/29/2022
United Power filed a non-conditional Notice of Intent to Withdraw from our power supplier in compliance with a recent Federal Energy Regulatory Commission ruling. This changes our previously announced Tri-State exit date of Jan. 1, 2024 to May 1, 2024.

United Power hosted a hybrid Annual Meeting on April 13, allowing members to gather in person for the first time since 2019. The cooperative was pleased to return to an in-person format this year. Nearly 450 members and guests attended the meeting either in person or online. The meeting included a video recap highlighting the cooperative’s accomplishments over the last year, an annual financial report, and the certification of the director election.

Voting in the director election was conducted via mail-in and electronic balloting. The cooperative introduced electronic balloting this year to provide members with a fast, secure and convenient way to submit ballots and avoid delays in mail handling. More than 6,000 member ballots were cast in the election. East District incumbent, Elizabeth “Beth” Martin, retained her seat, receiving 2,728 votes. Steven “Steve” Douglas received 2,536 votes and Naptali A. Lucks received 700 votes in the race for the East District. Ursula J. Morgan, West District, and Keith Alquist, South District, ran unopposed and will retain their seats with 5,341 and 5,337 votes, respectively.

Ursula J. Morgan, Board Chairman and Mark A. Gabriel, President and CEO, summarized the cooperative’s performance in 2021 with a video presentation. The cooperative surpassed 100,000 meter connections, improved operational efficiencies, and implemented several innovative projects all in the last year.

The addition of more than 4,600 new meters pushed United Power beyond 100,000 meters early last summer. It became just the 31st electric cooperative nationwide to surpass this mark and only the second in Colorado. While more meters were being added, the operations team conducted targeted maintenance, which reduced outage times to nearly half the national average.

United Power also expanded its electric vehicle charging network, installed a diesel generator in Gilpin County, and deployed its first hybrid bucket truck. The cooperative’s second charging station at the Market Street Mart in Keenesburg filled a gap in available charging infrastructure along Interstate 76. The generator project provided an outage solution and emergency backup to members located at the ends of the co-op’s lines where it can be difficult to restore power quickly due to isolation and mountain terrain. 

Most significantly, United Power announced its intentions to pursue a change in its wholesale power supplier effective January 2024. Wholesale power costs account for approximately 75% of member rates and attempts to negotiate the cooperative’s existing contract have failed. Based on the broader economic landscape, leadership believes it is in the best interest of members to find an alternate supplier moving forward.

“This was not a decision that was reached without exhaustive research and deliberation,” said Morgan. “We considered the impact on rates and reliability, as well as the flexibility of our power supply. The Board believes this is the right direction for our cooperative.”

The cost of power under the current contract is nearly 20-25% higher than market levels. The availability of self-generation and storage options combined with existing contract limitations no longer meet the needs of United Power members.

“Our goal is to provide both lower-cost power and more options for our members,” Gabriel said. “We are confident we can craft a new future for our members, and we are excited to bring the opportunities to you.”

United Power anticipates far-reaching change and innovation to come to the electric utility industry in the years ahead. One of the cooperative’s biggest accomplishments last year was developing Our Cooperative Roadmap, a long-term action plan to maintain United Power’s strength and competitiveness in the evolving industry.

“What does the future look like for United Power?” Gabriel asked. “We need to continue to provide a robust network so that every member behind every meter has every possible option and opportunity to engage in the way they desire. Bottom line: we need to do this while ensuring high quality, high reliability, and reasonably priced power.”

Keith Alquist, United Power’s Board Treasurer, presented the cooperative’s financials and reported the cooperative is in good fiscal shape. The finance team at United Power continues to receive compliments from auditors for their professionalism, completeness and accuracy in preparing financial statements at year-end and on a monthly basis.

Videos and information presented at the 2022 Annual Meeting, including the cooperative’s 2021 Annual Report, are available here.

Round-Up Grant Helps Habitat for Humanity Provide Homes for Two Families

St. Vrain Habitat for Humanity presented two Carbon Valley families with keys to their new homes alongside friends, family, volunteers, and community organizations at a ribbon cutting in January. Among the organizations present at the event was United Power’s Operation Round-Up Foundation.

Habitat for Humanity provides newly constructed homes to families who are positioned for home ownership but are unable to qualify for traditional financing. The organization builds homes from the ground up and sells them at cost to selected families thanks to support from community volunteers. Round-Up awarded Habitat for Humanity a $5,000 grant to help with home construction costs.

“Without the help of community partners like Round-Up, we wouldn’t be able to do what we do for these families,” said Rebecca Shannon, community engagement manager for St. Vrain Habitat for Humanity.

Round-Up is funded entirely by members who voluntarily “round up” their monthly statements to the next whole dollar. The average contribution is approximately $.50 per month. Those funds are then redistributed to nonprofits in various parts of the service territory to ensure as many members receive help as possible.

“We are proud to support community organizations meeting the needs of vulnerable members,” said Joan Kniss, a Round-Up board member. “Habitat for Humanity has a strong track record of lifting people up and lets us see our grant dollars in action.”

Home ownership allows families to put down roots and begin contributing to their local community, Shannon said. Homes are not only built to meet all safety requirements, but are also energy efficient, which lowers the cost of ownership. Selected families are required to demonstrate commitment to their new home by returning volunteer hours helping with the construction of their future homes. Having a hand in building your own home develops a sense of pride in it.

Habitat for Humanity broke ground on a new home in Carbon Valley on March 7. To volunteer, visit www.stvrainhabitat.org.

More than 20% of United Power members voluntarily round up their bills. To enroll in Operation Round-Up, click here.

Looking ahead while focusing on the present is a challenge in today’s electric power industry. Whether it is changing regulations; the desire of more members to engage with us as their electric cooperative in new ways; the advancement of technologies; or simply the expectations of high quality, always on, reliable power, being prepared is key.

Thanks to the hard work of staff at United Power, supported by our Board of Directors, we have created “Our Cooperative Roadmap,” or Roadmap, to document both where we are today and how we are looking toward the future. The Roadmap has four Guiding Principles: Reliability, Affordability, Flexibility, and Responsibility. Each of these principles embodies the elements most critical to us as we seek to prepare for the future while building and maintaining the important investments we have made on behalf of our members over the decades. These are the lenses through which we evaluate options such as reimagining our power supply, integrating new technologies, preparing for future markets, and supporting the needs of the workforce.

Reliability

Strive to deliver high-quality, uninterrupted service to our members through the design, operation, protection, and maintenance of a failure-resistant and resilient electric distribution system.

Affordability

Continually seek fair and equitable wholesale rates, manage distribution costs in a highly efficient manner, and responsibly allocate those costs across our membership with stable and transparent rate options.

Flexibility

Demonstrate maximum agility and adaptiveness through forward-looking plans; versatile, innovative programs and business models; and diverse power supply options as we respond to changes in our environment and the needs of our members and community.

Responsibility

Act honestly, ethically, sustainably, and in the best interest of our members and communities as we manage operations and secure resources.

The Roadmap defines the working plan priorities for your cooperative and aligns the work of employees at United Power. The document will ensure continuity in our thinking and guide us as we make important resource decisions. 

The Roadmap also keeps us looking at the immediate opportunities and challenges we face. The criticality of electricity has never been more evident as a growing number of our members work from home. The advances of technology require high quality, reliable power. And, as our communities grow, so too do the demands for more power.

A good example in planning ahead and working for today lies in the investments your cooperative made in our fire mitigation plan. Several years ago, we began switching to covered cable in the mountains, undergrounded critical lines, and moved to an advanced breaker. While no plan can perfectly protect us from the unpredictability of wildfires, we were ready to respond during the recent events here in Colorado. Fortunately, our system was not impacted.

The same is true as we ready our technologies to accept more distributed energy resources, storage, and solar on our system while preparing for the advent of a power market here in the west.

We encourage members to read Our Cooperative Roadmap and engage in future discussions about it. The senior team and I welcome the opportunity to come and speak to community groups and will be posting several videos online that cover the Roadmap’s key elements. 

Our Cooperative Roadmap covers a wide range of areas – all designed with you, our member, in mind. Importantly, it helps define the cooperative’s future and keeps us on track today. As always, I welcome your comments, questions, and feedback on any topic, including the Roadmap. Please contact me here.  
 

Our appliances make life easier and help tackle the manual tasks of housework, but there’s a cost to this convenience. Many newer models are designed to be energy efficient, but why not take measures that will help you save even more energy and money?

1. Run a full load. Wash clothes and dishes with a full load only; partial loads waste energy and water. Load your dishwasher according to the manufacturer's instructions. Fill the racks completely to maximize water and energy use but allow for adequate water circulation to ensure clean dishes.
2. Stay cool and fresh. Set refrigerator and freezer thermostats at the recommended temperature settings: 37°F to 40°F for the refrigerator, and 5°F for the freezer. It will help optimize energy savings while keeping foods fresh.
3. Stock the fridge. A fully stocked unit uses less energy because there is less air to cool. Avoid overfilling; too many items packed together closely will reduce air circulation.
4. Keep your dryer dry. Clean the lint filter after each dryer load; this will increase air circulation and improve dryer efficiency. Inspect your dryer vent periodically to ensure that it's not blocked.
5. Air your clean laundry. When doing laundry, why not air-dry your clothes? It will reduce energy costs, and it may help to keep clothes looking new.
6. Get cooking efficiently. Use your microwave or toaster oven rather than the stovetop or oven. These smaller appliances often heat food more quickly, while using less energy. If you do use the stovetop, match the pan size to the burner size, and cover pots and pans.

Boost your Savings with an Energy Smart Rebate

Looking to upgrade to more efficient appliances? Replace older appliances with new ENERGY STAR®-certified efficient models. These products are the best of the best, delivering cutting-edge energy efficiency along with the latest in technological innovation.

United Power members can boost their savings with rebates on a variety of ENERGY STAR® and select efficient electric appliances. View the complete menu of Energy Smart Rebates to reduce the cost your new appliance purchase.