Title
United Power Issues Social Responsibility Report
/sites/default/files/styles/news_card_553x430_/public/newsline/Sustainability/SRReport_news.jpg?h=45932144&itok=TPq6iSJ2
Thursday | September 28, 2023
Card Teaser
Informational report highlights cooperative transparency.

Social Responsibility reportUnited Power announces the publication of its first Social Responsibility report. The report recaps the cooperative’s accomplishments, performance, and progress in four defined areas – social, governance, safety and risk, and environmental. The inaugural report was approved by the United Power Board of Directors during the September board meeting, marking a significant milestone in the member-owned cooperative’s ongoing commitment to transparency, sustainability, and responsible management.

Each area of concentration is important to the overall operational and financial health of the cooperative, and utilities that measure performance in these areas consistently rank among the best in the country. The comprehensive report showcases United Power’s values of responsibility, integrity, and reliability, while outlining specific actions taken to support these tenets.

“We are excited to feature the many initiatives and accomplishments of the cooperative in this report,” stated Mark A. Gabriel, United Power President and CEO. “While annual reports highlight the prior year’s performance and the cooperative’s financial position, the Social Responsibility report provides our members a deeper understanding of the actions we are taking to further our mission to provide the best possible service.”

Key highlights from United Power’s inaugural Social Responsibility report include:

  • Social Impact. The report highlights the cooperative’s efforts to create a positive impact within the communities it serves. This includes both cooperative- and employee-supported initiatives; the promotion of tolerance, acceptance, and inclusion in the workforce; and the careful attention to the integrity of data and information.
  • Governance Excellence. The co-op’s governance structure and practices are outlined, highlighting the cooperative regulatory model, member engagement in director elections, and the cooperative’s corporate behavior and codes of conduct around financial transparency, accountability, and ethical conduct.
  • Safety and Risk Management. The report outlines the many ways the cooperative is building and maintaining a resilient and safe infrastructure to protect the communities it serves. Through a comprehensive wildfire mitigation and vegetation management strategy, a strong safety culture, and broad-based approach to addressing risk, the cooperative is actively working to ensure the safe and reliable delivery of electricity.
  • Environmental Responsibility. The cooperative’s innovative energy programs are highlighted, showing the depth of the co-op’s commitment to providing sustainable, flexible, and affordable power for members. Through efficiency measures and programs to make emerging technologies more readily accessible, United Power is paving the way for the evolving energy landscape.

Electric cooperatives have a long history of measuring success in these operational areas and are guided by a set of principles that emphasize social responsibility and transparency. United Power’s Our Cooperative Roadmap is the long-range action plan addressing how the co-op will tackle the challenges of the evolving utility landscape. The Social Responsibility report, which will be updated annually, will allow members to gain a greater understanding of the cooperative’s goals and accomplishments.

Title
Practical EV Driving
/sites/default/files/styles/news_card_553x430_/public/news/EV_plugin.jpg?h=45932144&itok=UKkauilg
Monday | September 25, 2023
Card Teaser
National Drive Electric Week is Sept. 22 - Oct. 1.

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. 

Title
Co-op Here to Stay
/sites/default/files/styles/news_card_553x430_/public/news/BucketTruck_Sept2023.jpg?h=45932144&itok=EnJL7rmy
Monday | September 25, 2023
Card Teaser
It is important that members know the upcoming power supply transition will not impact your membership with the cooperative.

United Power Announced Three New Power Purchase Agreements in July

United Power recently announced three new power purchase agreements in advance of its upcoming exit from its current wholesale power contract with Tri-State Generation and Transmission in May 2024. The cooperative has reviewed dozens of power supply proposals over the past several months to determine the most fiscally and socially responsible partners moving forward. Finding and securing established partners in the energy industry will not only ensure sufficient power supply is available for United Power’s growing load, but having multiple agreements also presents added flexibility for the cooperative’s power mix.

United Power tried to no avail to negotiate more contract flexibility and lower costs on behalf of its members. These costs are above market value, accounting for more than 70% of the cooperative’s operating expenses. Further, the existing contract locks United Power into a restrictive generation mix and prevents it from obtaining more than 5% of its total load from locally generated sources, such as utility-scale solar farms, gas-capture facilities, or even residential rooftop solar. The cooperative’s  power purchase agreements announced in July demonstrate the freedom available by exiting its current wholesale power contract next year. 

Two of the three agreements will facilitate a large portion of United Power’s expected load when the cooperative exits its current contract. The cooperative’s load is presently the largest among Colorado distribution co-ops — at more than 630 megawatts (MW) — despite serving the smallest geographic footprint. The third agreement is an innovative battery storage solution that will help mitigate costs when power demand is high — also known as peak demand. 

“The energy industry is entering a period of revolutionary change,” said Mark A. Gabriel, United Power’s President and Chief Executive Officer. “We have always put our members first and will continue to do so while advancing our position as an industry-leading distribution cooperative. Leaving our restrictive wholesale power contract affords us the flexibility and freedom to keeps rates competitive, join national power markets, and attract innovative energy partners.” 

As the exit date approaches, questions about the cooperative’s future have started to circulate. It is important that members know the upcoming power supply transition will not impact your membership with the cooperative. United Power will continue as your power provider. New power suppliers will allow the co-op to better serve its members, who can expect the same commitment to delivering reliable and economical electricity to local homes and businesses. Office locations in Brighton, Coal Creek, and Carbon Valley will also still provide the service and support members have come to expect.  

Guzman to Provide Key Power Block

United Power’s power purchase agreement with the Denver-based power supplier Guzman Energy locks in one-third of the cooperative’s power needs beginning in May 2024. The 15-year agreement features fixed wholesale power pricing that provides prearranged power supply costs and rate stability for members. 

Guzman partners with cooperatives, municipalities, companies, and tribes across North America to customize energy portfolios that make economic and environmental sense.

New Utility-Scale Solar Addition

United Power signed a 25-year power purchase agreement to receive power from Whetstone’s Solar of Alamosa project in Southern Colorado. It will add 30 MW of renewable energy to the co-op’s diverse portfolio of generation resources beginning in 2024. 

The solar farm sits atop one of the state’s highest elevation plateaus and receives some of the highest irradiance in the country. Built in 2012, project upgrades are scheduled throughout 2024 to achieve optimum power output. 

Ameresco’s Largest Battery Project

United Power and Ameresco will partner to connect nearly 80 MW/315 MWh of battery storage capacity throughout the cooperative’s service territory. The groundbreaking project will allow United Power to balance its load while integrating renewable resources. Batteries will be located on eight different cooperative-owned substation sites in Adams, Broomfield, and Weld counties, storing and dispatching power during heavy consumption periods. 

Title
Surviving in Place: Why a Battery Backup?
/sites/default/files/styles/news_card_553x430_/public/news/Battery_Backup.jpg?h=45932144&itok=M9ynIyYv
Thursday | September 21, 2023
Card Teaser
Members who rely on powered medical equipment should have a plan for large disasters and power interruptions.

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.

Title
United Power and Xcel Energy Announce Strategic Relationship for Power Supply
/sites/default/files/styles/news_card_553x430_/public/news/UP_Xcel_PowerAgreement.jpg?h=45932144&itok=rr3lSnjK
Thursday | September 14, 2023
Card Teaser
Xcel Energy to provide United Power and its members with excess low-carbon, renewable electricity.

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.    

###

Title
National Preparedness Month 2023
/sites/default/files/styles/news_card_553x430_/public/news/Storm_Damage.jpg?h=45932144&itok=3hlLyxLW
Wednesday | September 13, 2023
Card Teaser
This year’s theme, “Preparing for Older Adults,” touches how to plan ahead.

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

September Message from Mark. A. Gabriel

Tuesday | September 5, 2023
A message to United Power members from the cooperative's President & Chief Executive Officer.
The Board of Directors proposes the following amendments to United Power's bylaws.