Denver-based firm to provide key power block for co-op’s future needs

Brighton, CO — United Power, Inc. (United Power), an electric cooperative serving Colorado’s northern Front Range, and Guzman Energy (Guzman), a wholesale power provider dedicated to developing portfolios that meet their clients’ needs for economical, reliable power, announce the signing of a 15-year contract to deliver wholesale power to the cooperative. 

The power supply agreement features fixed wholesale power pricing that provides the cooperative predictable and stable power supply costs. Under the agreement, Guzman will deliver approximately one-third of the cooperative’s power needs, beginning in May 2024.

“As we move forward with our plan to diversify our power portfolio, this contract is an important part of our strategy,” stated Mark A. Gabriel, President and CEO of United Power. “Guzman has an excellent track record of providing economical resources for cooperatives, and their commitment to integrating renewables will help us control costs while still keeping our eye on environmental impacts.”

United Power’s planned exit from its current power contract will take place May 1, 2024. The move was motivated by a desire to stabilize power costs and provide greater flexibility to the cooperative and its members.

“Wholesale power continues to be United Power’s largest expense, accounting for over 70% of our costs,” stated Gabriel. “Having more predictable power purchase costs will offer many benefits to United Power members today and into the future.”

“We are proud to contribute to United Power’s efforts to reduce power supply costs, gain greater control over generation mix, and contribute to more local, sustainable energy,” said Robin Lunt, Chief Commercial Officer at Guzman Energy. “We look forward to continued opportunities to support United Power and other cooperatives’ success.” 

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 Cooperative 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, Twitter, LinkedIn, YouTube, and Instagram.

About Guzman Energy

Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies, and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward. Visit www.guzmanenergy.com.

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Brighton, Colo. – United Power, one of the nation’s fastest growing electric distribution cooperatives, issued a Request for Proposals (RFP) on June 23 for additional wholesale electric power products. The RFP seeks projects of up to 300 MW to supplement the general wholesale power contracts the cooperative has already secured in advance of its exit from its current power supplier next May. Resources sought through this RFP are targeted for deployment and/or purchase in 2025-29. 

“This newest RFP continues our commitment to building a comprehensive power supply, not just for when we exit, but as we grow into the future,” stated Mark A. Gabriel, President and CEO of United Power. “We are very interested in not only purchasing power, but in developing new, cleaner generation that is sourced locally. This will help to assure we continue to provide the reliability our members expect, while keeping costs as low as possible.”

Open to both new and existing resources, the RFP is soliciting power sources that will help the cooperative meet longer term environmental goals as well as the expected system growth. Additionally, the RFP seeks strategic partnerships with developers who can plan and execute distributed energy resources on United Power’s local distribution system. 

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 and includes the north metropolitan development corridors along Interstate 25, Interstate 76, State Highway 85, and E-470. As a result of its geographic location, United Power’s system is experiencing significant demand and energy growth, averaging approximately 6% annually. 

United Power has contracted with The Energy Authority (TEA), a national energy marketing and risk management services provider, to issue the RFP and administer the RFP process. Commitments of intent to participate in the RFP are due by July 10. Respondents must submit proposals via TEA’s RFP Marketplace (rfpmarketplace.teainc.org) by July 24. 

Questions about the RFP or RFP process may be directed to UPIRFP@teainc.org.

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 Cooperative 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, Twitter, LinkedIn, YouTube, and Instagram.

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Adams County District Court grants Tri-State’s motion for continuance 

Brighton, CO – District Judge Roberto Ramírez issued an order on June 11 that continued the jury trial between United Power, Inc. (United Power) and Tri-State Generation and Transmission Association, Inc. (Tri-State) that was set to begin later this month on June 26. 

“It is disappointing for the members of United Power that the breach of contract trial between United Power and Tri-State has been delayed,” said Mark A. Gabriel, United Power President and CEO. Tri-State asked for a continuance after flooding the court with numerous filings in an attempt to slow the judicial process. As Judge Ramírez noted in reluctantly granting Tri-State’s request to postpone a trial date to which it had agreed to more than a year ago, “The Court agrees with United Power that the bulk of the litigated issues pending before the Court are based on filings associated with Tri-State.”

The case centers around two key issues: whether Tri-State illegally added three non-utility members in order to escape state regulation and whether Tri-State’s failure to provide United Power with a fair exit fee in a timely manner is a breach of contract that precludes Tri-State from enforcing the parties’ contract, allowing United Power the right to withdraw from Tri-State at no cost and with the potential for a substantial damages award against Tri-State.

“Sadly, Tri-State has pursued a strategy of delay in both the state courts and at the Federal Energy Regulatory Commission (FERC),” continued Gabriel. “This pattern results in uncertainty for both organizations, raises the costs for United Power members, and delays the time in which our members can get lower cost, cleaner energy for homes and businesses.”

United Power is leaving its wholesale power supplier May 1, 2024 based on FERC requirements. “We are leaving Tri-State next year regardless of the Adams County proceedings,” Gabriel said, adding “this critical case does not go away even with our departure nor does Tri-State’s liability for our members’ substantial damages. Stalling is not to anyone’s benefit.”

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 Cooperative 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, Twitter, LinkedIn, YouTube, and Instagram.

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