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COLORADANS please call Gov. Hickenlooper (303) 866-2471 to ask him to SIGN Senate Bill 252 to increase the renewable energy mandate for rural electric providers and protect REA members from escalating coal costs. Note these amazing costs in Tri-State's coal basis:
"A review of the Tri-State 2013 annual report reveals some alarming trends. Over the last 5 years ending 2012:
*Prices to regional coops per unit of energy have risen 4% annually
*Tri-State's power costs per unit of energy have risen at an annual rate of 6.7%
*Net income of a percentage of revenues has declined from over 10% to 4%
Also indicated in the report, Tri-State recently purchased complete ownership of the ColoWyo coal mine near Craig Generating Station. As a result, Tri-State's fuel costs in 2012 increased by $22 million.
Finally, according to Fitch ratings. Inc, 'Tri-State's coal fired resources still account for 67% of it energy mix.' " ~ R. Tazelaar, Coop Member, Winter Park CO
PLEASE CALL THE GOVERNOR (303) 866-2471 IF YOU WANT PRICE AND CLIMATE SECURITY FOR COLORADO'S REA MEMBERS FACEBOOK or TWITTER
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