Tri-State Generation and Transmission Association, Inc.’s Post

#ICYMI Earlier this month we announced a new financing initiative with our partner Tri-State Generation and Transmission Association, Inc., called the Electrify and Save On-Bill Repayment Program, to provide rural consumers greater access to electrification and energy efficiency improvements. Participants of this program have the ability to repay the investment cost of clean energy upgrades over time through their monthly utility bill. Unlike traditional loan programs, unique underwriting criteria (rather than traditional loan underwriting criteria) assesses the member’s bill pay history, which will qualifying a broader base of participants. “With this opportunity, members of electrical co-ops that are Tri-state customers can easily update their heating and cooling to more energy efficient options without upfront costs, saving them money and supporting the state we love for generations to come,” Governor Polis said. Read more from Alamosa News: https://lnkd.in/gRR8eU35

☀️ Look Out! ☀️ Illinois homeowners! If you've been contemplating harnessing the power of the sun but are still on the fence, here's your nudge to take action! 📅 Important Deadlines Ahead! Our weekly "Look Out!" series is back, and this time, we're shedding light on upcoming deadlines for state incentives and programs. Act now before these opportunities slip away! Make sure to check out our blogs on our website to be filled in on how these programs and incentives work! ⏰ Time is of the Essence: Don't Delay! As of January 2024, utility provider rate hikes are in full swing. The longer you wait, the less you'll save. Seize the moment and lock in your solar savings before it's too late. 💡 Net Metering Program Alert! Crucial update: The Net Metering Program is scheduled to phase out this year, 2024. This means if you delay, you might miss out on one of the biggest benefits of going solar that can significantly impact your financial stability. 📱 Stay Connected for More Insights Stay tuned for more crucial insights and tips in our weekly "Look Out!" series! #ilenergyinfo #sunpower #IllinoisHomes #solarsolutions #greenenergy #solarenergy #solarpower #Illinois #illinoissolar #solar #solarpower #countdown #solarpanels #savings

@NERC - Rising peak demand along with 83 GW of planned retirements create blackout risks for most of US over the next 10 years. Call PRI at 847-673-1959 to smooth out your energy experience & strategy. #prospectresources #energy #power

@NERC - Rising peak demand along with 83 GW of planned retirements create blackout risks for most of US over the next 10 years. Call PRI at 847-673-1959 to smooth out your energy experience & strategy. #prospectresources #energy #power

What's next for #inclusiveutilityinvestments? Check out how we're working with Massachusetts Municipal Wholesale Electric Company (MMWEC), Massachusetts Clean Energy Center, American Public Power Association (APPA), and others on expanding this critical program to increase access to clean energy improvements.

In a rapidly evolving energy landscape, Connecticut's pursuit of performance-based regulation (PBR) represents a bold and forward-thinking step towards achieving state policy goals and making electricity more affordable. This move, as outlined in the recent decision by the Connecticut Public Utilities Regulatory Authority (PURA), reflects the state's determination to adapt to changing technologies, customer expectations, and the increasing adoption of distributed energy resources. PBR is not without its challenges, and there are valid concerns expressed by utilities like Eversource Energy about the potential ramifications of lowering the utility return on equity and replacing it with performance incentives. However, it's important to recognize that PBR offers utilities an opportunity to earn from improved performance, aligning their interests more closely with those of customers and state policy objectives. PURA Chair Marissa Gillett rightly points out that PBR provides utilities with a level of certainty they have never had before. It outlines clear expectations and guidance on how to demonstrate performance, which can be more valuable than the traditional focus on cost recovery in rate cases. This clarity can lead to better decision-making and more effective resource allocation. Connecticut's ambitious approach to PBR, building on the work done in states like Hawaii, is commendable. The state aims to address high electricity rates while recognizing the need for infrastructure investments to achieve policy goals. This approach acknowledges that regulatory goals often involve inherent tensions, and it attempts to strike a balance between these competing interests. While concerns about the impact on utility revenues are valid, it's essential to recognize that PBR can incentivize utilities to optimize their operations and prioritize customer needs. This can lead to cost savings and better service quality in the long run. Connecticut's commitment to a comprehensive PBR framework, with discussions on performance metrics and incentives, demonstrates its dedication to continually improving the regulatory model. It also acknowledges the importance of adapting PBR to suit different market structures, which is essential for its success. The debate about control over outcomes and financial stability is a natural part of transitioning to PBR. It is crucial to find the right balance that ensures utilities can earn a competitive return on equity while aligning with state policy goals. Guardrails and mechanisms can help manage uncertainty and protect against unintended consequences. #seetheopportunityineverydifficulty #utilities #CTPURA #CT #PBR https://lnkd.in/eMbrgsfq

🔔 Attention Massachusetts Commercial Property Managers! 🔔 💡Eversource is increasing their electric supply rates starting January 1st. 💡 💡National Grid has already increased their rates, starting December 1st.💡 📈 Ready to take action? Let's talk! Book a meeting with me and meet the Gridwealth consulting team @ https://lnkd.in/duhxWrDx 📈 🔋We can help you A.) minimize your costs and maximize your energy efficiency and B.) turn your energy usage into a profitable asset🔋 At Gridwealth, we specialize in transforming energy challenges into opportunities. Your energy bill doesn't have to be a burden; it can be a strategic asset driving profitability. 🔗 Read more about the Eversource announcement: https://lnkd.in/dyE7bN5z 🔗 View the National Grid winter rate increase: https://lnkd.in/dshWD_RA

If any of my contacts are debating home improvements for reducing energy usage I would recommend now factoring in the Demand Felxibility Service: https://lnkd.in/gDaa5Wiv In the last event I managed to earn £20 and help balance the grid removing demand from Gas Power stations, there were over 20 DFS events last winter so this should help lower the ROI on my solar panels and battery. It's going to be interesting over the next 24 months to see how this disruption plays out but the technology is already having an effect: https://lnkd.in/g_sgYYrF For those friends lucky enough to live in Scotland there are grants and interest free loans for the improvements: https://lnkd.in/gRWKWpm7 Having recently moved to England I had to take a personal loan but the repayments are half of what our bills were prior to the improvements and after a few years will be paid off.

The North Carolina Utilities Commission approved a 14.6% rate increase for central and western North Carolina customers over the next three years. Starting this January, rates will rise 8.3% followed by 3.3% in 2025 and 3% in 2026. These increases are to be used to build out further infrastructure and help low-income customers, both of which are needed. However, your business should not have to pay the price. Offset these increases with savings from a UMS utility bill analysis. We are here to help. #rateincrease #UMS #savings #utilitiesincreases #energynews #billassistance

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