Residential & Business Rates Will Not Increase for Second Consecutive Year

United Power has announced that there will not be a scheduled rate increase for residential or business members in 2022. This marks the second consecutive year rates have not been increased for members. The cooperative’s Board of Directors made the decision in November upon approval of the 2022 budget.

Over the course of the past several months, United Power has focused its efforts to reduce spending where possible and control cooperative costs. It has also continued to monitor the pandemic’s economic impact on the communities it serves and the members on its lines. While there has been a slow transition to normal functions, the result of the cooperative’s cost control measures has enabled it to once again avoid a rate increase, providing a little additional relief for members who continue to feel the pandemic’s affects heading into the holiday season.

“We are proud to announce that members will not have to worry about how a rate increase will affect them this upcoming year,” said Mark A. Gabriel, United Power’s President and Chief Executive Officer. “As a cooperative, we don’t answer to corporate shareholders or investor interests, but are here to serve each of our members. We have the flexibility to shift directions quickly, like we had to over the past year, to drive better results for you, our members.”

Continued growth also played a significant role in the cooperative’s ability to maintain its current rate structure. Growth this year has exceeded expectations, and United Power became just the second Colorado co-op to surpass 100,000 meters earlier this summer.

United Power understands its members have different needs and use electricity in vastly different ways. The cooperative’s residential rates are designed so members have the option to choose one that most closely fits how they use energy. When the demand rate debuted, it separated the energy and demand components and allowed the cooperative to more fairly charge members for both their energy use and impact on the grid. Residential members have four different rates to choose from, each designed with slight variations that allow you to review your energy usage and pick a rate that works best for you and your family.

However you use your energy, the flexibility of the cooperative’s residential rates should meet most members’ needs.

You can compare the demand and energy charges of each rate and choose one that most closely fits how you and your family use energy here.

Members who are curious how home electronics and appliances may impact their demand charge can use the cooperative’s Demand Calculator on the Understanding Demand page. 

During my first nine months here at United Power I have had the tremendous opportunity to experience “the cooperative difference” as we serve our rapidly growing base of members.

What is the cooperative difference? It is the way we are all member-owners of this great organization. It is the way we interact in serving your communities and it is the way we recognize the importance of supporting the United Power “family.” Many different types of organizations provide power, but cooperatives do it in unique fashion.

Here are just a few of my experiences since coming to United Power:

• In November we commissioned a generator in Gilpin County that will provide the school system and emergency responders a reliable source of power should there be an extended outage. The school is at the end of a radial line in the rugged and beautiful community we serve in the mountains. This automated generator will kick in should power be curtailed in a storm or other challenging event. More importantly, this will offer the members of the community a place of refuge in times of crisis. Working with the Gilpin County School District and the Office of Emergency Management, United Power engineers and linemen made sure the system was up and running for this winter.
• In support of the Metro North Lead Program, I had the chance to meet with the up-and-coming leaders from around our service territory and engage in a discussion about the history – and coming changes – in the electric industry. I had a similar opportunity to speak with the Weld County Board of County Commissioners. We had a lively engagement on the future of electric generation and transmission, as well as the impact of the growing natural gas and oil businesses.
• Our crews are out every day making sure the system is strong and resilient. They are there, rain, snow or shine, understanding the critical nature of electricity. And, behind every one of them are the dispatchers, financial analysts, member service representatives, engineers and other employees working hard to keep rates low and reliability high. As we all know, these jobs are even more difficult as we continue to manage in a COVID workplace.
• A number of members have reached out to me on a variety of topics, from electric vehicles to renewables and coal, with ideas for the system. I respond to each personally as working at United Power is more than just my vocation but is my avocation as well. I encourage you to contact me with questions, concerns and opinions at www.unitedpower.com/CEO.

The next few years will bring remarkable changes to the energy industry across the country. The cooperative difference means we have a special lens, asking not only what we can do to improve our system but how can we improve the lives of our members. The flexibility of the cooperative model means your input is solicited and valued. Your Board of Directors is a direct pipeline to our organization, and they represent you with passion.

During the next several months we will be having conversations across the communities we serve focused on our 10-Year Working Plan that lays out a vision and priorities for the coming decade. We want to ensure there is an aligned vision for the future as we take advantage of the technologies, societal changes and improved environmental footprint at United Power. We must welcome the changes our members require with open arms as electric vehicles, solar panels, battery storage and yet-to-be-determined technologies expand across our footprint. As a cooperative we are anxious to help our communities thrive and are driven to ensure an even brighter future.

Whether it is providing technical information, working with developers who are expanding housing and business opportunities to our local economy or partnering to bring efficiencies to industry, the cooperative difference is in our DNA. It is why we exist, what we strive for every day and how we live our values.