New credit facility to be used for corporate liquidity and to support its commercial paper program.
Federal regulatory agency notes potential for “significant uncertainty” that could have had cost impacts for all Tri-State utility members.
The settlement sets near-term greenhouse gas emission (GHG) reductions targets for Tri-State.
Tri-State accelerates Responsible Energy Plan transition in 2021, including 4% wholesale rate reduction and entry into two electricity markets.
If approved, the 85-megawatt combined-cycle facility would retire on or about Oct. 6, 2022.
Upgrades to provide capacity for new, renewable generation resources that support Tri-State’s Responsible Energy Plan
To address uncertainties, co-op will work to demonstrate appropriateness of CTP tariff.
This effort would bring the remaining 20% of Tri-State’s member load into an organized market.
More than two dozen parties agree to Phase I settlement, which sets near-term targets for greenhouse gas emission reductions in Colorado.