LPEA's decision to exit its contract with Tri-State next year was driven by a desire for more affordable and more renewable energy sources that benefit the local economy. The move brings lower annual costs for LPEA in the long term, though there are some initial infrastructure investment costs.
Tri-State's rates were set to rise significantly in the coming years due to its continued reliance on coal-fired generation and long-term contracts. In contrast, after exiting, LPEA was able to negotiate more flexible, competitive energy supply agreements, including investing more heavily in renewable energy sources like solar, wind, and even hydro. These changes allowed the cooperative to reduce its wholesale energy rates and provide financial relief to its members.
Thank the current LPEA staff and board for their work on this by reelecting board incumbents John Witchel and Joe Lewandowski.
Doug Walker
Durango
