NEWS CLIPS
COLORADO CO-OPS TOP NATIONAL LIST
T
wo Colorado electric cooperatives are among the top cooperatives in the country. The National Cooperative Bank recently listed Colorado-based electric co-op power supplier Tri-State Generation and Transmission Association, Inc., and Denver-based ag bank CoBank on its Co-op 100 list. The NCB Co-op 100 list remains the only annual report of its kind to track profits and successes of cooperative businesses in the United States, as it ranks co-ops across various sectors by revenue earned in 2019. The report, released in October during National Co-op Month, highlights
Keep Up to Date on New Innovations at Electric Co-ops New pilot programs, case studies and advanced products are always being added at Colorado’s electric co-ops. For those who are interested in these new and innovative approaches to providing Coloradans with today’s electricity, the CREA’s digital Energy Innovations newsletter is a great way to stay current on these developments. The monthly newsletter is free and provided to all interested readers who sign up for a subscription. To sign up, simply send your name and email address to info@ coloradocountrylife.org. The newsletter will arrive in your inbox the last week of the month.
education and promotion of the cooperative sector. Electric co-ops, specifically, account for about 25% of the NCB Co-op 100 for 2020. Collectively, the 24 electric co-ops on the 2020 list had $22.3 billion in revenue last year, showing that electric cooperatives and related organizations continue to be major economic contributors in their communities.
How Americans Use Electricity The latest data from the U.S. Energy Information Administration shows the combined use of clothes washers and dryers, computers, dishwashers, small appliances and other electrical equipment (noted as “all other uses” below) accounts for nearly 40% of electricity consumption in American homes.
15.8%
Space Cooling
39.0%2
12.1%
All other uses
Water Heating
5.2%
Lighting
16.3%1
Space Heating
4.2%
TVs & related equipment
7.4%
Refrigerators & Freezers
COLOR ADO COUNTRY LIFE JANUARY 2021
Source: EIA, Annual Energy Outlook 2020
1 Includes consumption for heat and operating furnace fans and boiler pumps. Includes miscellaneous appliances, clothes washers and dryers, computers and related equipment, stoves, dishwashers, heating elements, and motors.
2
14
Electric cooperatives and generation and transmission cooperatives are making strategic infrastructure investments to give communities they serve the flexibility to adapt to future energy needs, noted National Rural Electric Cooperative Association CEO Jim Matheson in a recent statement. A cooperative, electric or otherwise, is a business organized, owned and controlled by the people who use its products, such as your local electric cooperative, which you are a consumer-member of. Today, one in three Americans is a part of a co-op.