Grand Valley Power Sets 60 Percent Clean Energy Target
GRAND JUNCTION, COLO.– (February 7, 2019) --- Grand Valley Power, a not-for-profit electric cooperative in Western Colorado, has adopted one of the most aggressive environmental targets of any electric cooperative in the nation - to deliver a 60 percent clean energy mix to its 18,000 consumers by 2030.
The percentage of clean, renewable energy in Grand Valley Power’s energy supply mix has been expanding since 2008. In fact, the cooperative met Colorado’s statutory Renewable Energy Standard (10 percent renewable energy by 2020) – a decade ahead of the requirement. Grand Valley Power currently has over 30 percent renewable energy in its power supply mix.
“We continue to be committed to providing safe, reliable and affordable energy to our consumers. As a locally-owned cooperative, we have always been good stewards of our environment. With cost-effective advances in clean renewable energy technology, we’ll be able to meet this 60 percent target by 2030 while maintaining rate stability and our excellent reliability standards. This is one of the best ways we can deliver value to our consumers,” stated Grand Valley Power’s Chief Executive Officer, Tom Walch.
The announcement comes at a time when home- and business-owners are increasingly interested in having renewable energy and reducing carbon emissions. Having a diverse energy mix can present advantages to cooperatives including lower emissions and meeting the expectations of members who value renewable energy.
Grand Valley Power will achieve this target with wholesale power supply purchases from Xcel Energy, Western Area Power Administration hydropower, cooperative-owned generation and distributed generation resources.
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