I support Doug Fults for LPEA Board in my District 2, as well as incumbents Guinn Unger and Rachel Landis.
In 2017, I ran with Guinn and Rachel for a very different LPEA board. Back then, there was no discussion about investigating alternatives to our electricity. Our Tri-State contract then and now locks us in (until 2050) to primarily coal-generated, high-priced electricity.
Over the years since, co-op member-owners, aware of dropping costs of clean energy, elected a future-oriented board majority.
Here we are, three years later, and our board has made great progress. Guinn, Rachel and other directors suggested and staffed the Long Term Strategy Committee and the Power Supply Committee. They developed protocols for analysis and hired expert consulting firms to find answers on which to soundly base our co-op’s future.
The results of this careful analysis were clear. Enchantment Energy and Rio Energy evaluated our current Tri-State contract to estimate how much exiting would cost, and found that exit could definitely be financially beneficial to LPEA.
Another company, Energy Strategies, provided the other key piece of the puzzle – how much would alternative electricity sources cost on the open market?
Both answers indicated that LPEA would save money on the open market, even while paying an exit debt. Exciting news!
This April, the Colorado Public Utilities Commission will adjudicate our probable exit price. Then we’ll know if we can lower our rates.
Keep the ball rolling – vote for Rachel, Guinn and Doug.
Kim MartinHesperus
