At their May meeting, the board of directors of Poudre Valley Rural Electric Association voted to reduce the cost of electricity supplied by renewable sources. The new rates go into effect June 1. The rate reduction is possible because of reduced wholesale electricity costs from supplier Tri-State G&T.
The old rate was $0.50 per 100 kilowatt hour block. The new rate is $0.09 per 100 kilowatt hour block. If a house uses 800 kWh per month they can upgrade their home from coal generated electricity to wind generated electricity for a cost of $0.72 per month.
PVREA Green Power program has been operating since 1999. In May of 2010, consumers purchased blocks of green power totaling more than one million kWhs.
Consumers wishing to learn more can visit http://www.pvrea.com/programs/greenpower/index.html or contact customer service at 970-266-1234
Tri-State is currently working with a subsidiary of Duke Energy on a 51-megawatt wind farm in Kit Carson County. Tri-State is also working with First Solar and Southern Company on a 30-megawatt solar farm in north eastern New Mexico that will incorporate 500,000 solar panels. Estimated completion for both projects in December 2010.