Our Vision in a Rapidly Evolving Energy Industry
The electric utility industry is undergoing a significant refocus on everything from technology to power supply. The delivery model of today will look vastly different in the next decade. Grid technology is improving, energy markets are evolving, and member demands and expectations are changing. United Power must be prepared to adapt quickly and respond proactively to shifts in an ever-changing environment. We recognize the wealth of opportunities - and challenges - that come with these changes.
Our mission as your local electric cooperative is to safely and responsibly deliver reliable electricity and excellent service to our members. To continue delivering on that promise, we must identify the range of potential futures that we need to prepare for, harness our strengths, recognize where growth and investments are required, and develop innovative approaches to proactively address challenges.
It is, therefore, critical United Power ensures all the pieces work together to optimize financial investments, operating efficiencies, and resources. The intent of our cooperative roadmap is to document organizational objectives to create an alignment from the Board of Directors to every employee and, in turn, our members.
Guiding Principles
The following principles guide our decisions and were used in the development of our cooperative roadmap. These are the lenses through which we evaluate options such as reimagining our power supply, integrating new technologies, preparing for future markets, and supporting the needs of the workforce.
Empower and Engage Our Membership and Community
Engage with our members in meaningful ways. Support our members where they live. Support economic development in the communities where we serve.
Provide Flexible, Affordable, Sustainable Power and Services
Explore power supply options. Offer Energy-as-a-service (EAAS) programs for our members.
Continuously Optimize Our Electric Distribution System
Expand our electric distribution system capacity, considerate of aggressive growth. Execute targeted maintenance, considerate of reliability. Implement design and operational practices, considerate of the future, safety, and risk.
Achieve Business Agility and Resilience Through IT/OT Synergy
Expand system operations capabilities. Progress Advanced Metering Infrastructure (AMI) and Meter Data Management (MDM) solutions. Advance technology, infrastructure, enterprise processes, and enterprise systems.
Recent Roadmap Posts
United Power Named a Finalist for $261 million in New ERA Investment
United Power Signs Power Purchase Agreement with NextEra Energy Resources
Brighton, CO – On Dec. 19, 2023, the Federal Energy Regulatory Commission (FERC) issued a Final Decision that affirms in part, reverses in part, modifies in part, and clarifies in part an Initial Decision issued by a FERC administrative law judge in September 2022 addressing contract termination methodology and procedures for members exiting from Tri-State Generation and Transmission Association, Inc. (Tri-State). This is an important next step in United Power’s path to exit Tri-State by May 1, 2024.
“While we are still reviewing FERC’s order, we are pleased to see that it supports a variation of the balance sheet approach methodology we proposed versus a contract damages or lost revenues approach,” said Mark A. Gabriel, President and CEO of United Power.
In a Dec. 8 settlement with Tri-State, both utilities agreed to cooperate in good faith to provide the information necessary to calculate the amount of the contract termination payment. “To that end, we intend to work together to determine the appropriate adjustments and offsets so that Tri-State can timely file its compliance filing, and we can file an executed withdrawal agreement. United Power is focused on efforts to ensure a positive future for our members,” Gabriel added.
United Power has taken steps to resolve disputes with Tri-State and to reach areas of alignment and agreement to timely facilitate its departure. Most recently, United Power dismissed state court litigation against Tri-State, and filed motions to withdraw its appeal and intervention in two separate matters before the DC Circuit Court. In September, United Power made an immediate payment to Tri-State for Reserved Issue 3 in the Stated Rate proceeding consistent with the guidance in FERC’s final order.
United Power Signs Power Purchase Agreement with Whetstone Power