OPALCO signed a record 20-year, full-requirement contract with Bonneville Power for supplying power, locking into a tiered rate structure that guaranteed the Co-op its full share of clean hydro-power at the region’s relatively low rates (Tier I), and introducing the promise of market rates (Tier II) for load growth in the future. Co-op General Manager Randy J. Cornelius told members, “We can forestall paying market rates by managing our load through energy efficiency and conservation behaviors. If we all pitch in, do what we can to make our homes and businesses more energy efficient, the savings will be significant.”
Co-op Signs 20-Year Contract with Bonneville Power
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