Our members set our priorities and we deliver
As a cooperative, every member has a voice and a vote in where we’re going and how we’re getting there. And since our members own and govern our cooperative, Tri-State is about service to our members. That means rolling up our sleeves to do the hard work, turning our cooperative priorities into reality.
It’s our members who have set our energy transition path, and our members are the beneficiaries of our ongoing efforts to lead the industry in that transition. And because we’re a cooperative, they have a say every day, every step of the way.
But our members are more than our directors on our board, they’re also members of our family. So there’s a lot more that we do to support their needs and goals, than supply electricity.
Margins to members, not shareholders
One of the unique benefits of being part of a cooperative is patronage capital. With a cooperative, paying your utility bill doesn’t turn into shareholder profits – it’s invested back into services and infrastructure for members. Our members own our co-op, our assets and have equity in our association. Over time, we pay back what’s not needed to our members as patronage capital. These returns really add up: Tri-State has returned patronage capital every year for nearly 40 years, and returned $100 million to our members in the last four years.
Our rates have been stable for five years, but now we’re working hard to lower our rates. At the same time, we remain committed to maintaining the reliability our members need, the increasingly clean generation they want, and the opportunities for engagement they expect as cooperative members.
Through the years, Tri-State members have pooled their resources so that we can make investments that allow us to serve them better. Not only do we actually generate the power our members need but we also own and maintain transmission, so members don’t pay extra to bring that power to their systems.
This capacity will be increasingly valuable in the future as more renewable resources come online and our coal resources in Colorado and New Mexico retire. We plan for the future and we’re confident we can meet our members’ needs. Working together means our cooperative is able to make smart decisions and investments to ensure reliable power not only today, but for years to come.
Supporting in times of need
Tri-State and our members work together to develop the infrastructure necessary to deliver power to members' service territories as their loads grow and change.
We supply renewable energy to our members and works with our members to ensure they can pursue their local renewable energy goals.
Tri-State supports our members on compliance issues, including renewable energy standards where applicable, and reliability compliance.
We provide a wide range of training opportunities for member system employees.
We support our members' communities and local events, - whether that's welcoming a new member solar array or sponsoring local fairs.
We deliver education opportunities for learners of all ages, like K-12 electricity basics and safety, or talking with community leaders about cutting-edge tech and our energy future.