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La Plata Electric Association history
La Plata Electric Association company history timeline
The first meeting of the cooperative was held on August 22, 1939, and called to order at 8 p.m. at 854 Main Ave. in Durango.
In 1939, forward-thinking citizens in the region celebrated years of research, planning, and consultation with the official incorporation of the electric cooperative, La Plata Electric Association, Inc. (LPEA).
LPEA entered into an Installation Loan Contract with the REA to fund construction of the system on August 10, 1940, and by the following February, the lines were energized and life was changed forever for rural families.
Bill Hudson began sharing his opinions in the Pagosa Daily Post in 2004 and can’t seem to break the habit.
April 27, 2017 – LPEA passed Board Resolution 2017-05, requesting an increase of 5% to 10% of allowable distributed energy in the Tri-State contract.
January 17, 2018 – LPEA’s Long Term Strategies Committee formed.
August 23, 2019 – The CoPUC ordered Tri-State to respond to a series of questions.
September 4, 2019 – Tri-State’s Board passed a resolution putting a mortarium on granting any exit charges and/or “go shop” letters until Tri-State’s reconstituted contract committee created an exit charge methodology.
December 13, 2019 – The CoPUC issued another Decision, this time establishing a procedural schedule for LPEA’s and United Power’s cases.
March 10th, 2020 – LPEA and United Power filed their respective Rebuttal Testimony.
April 16, 2020 – Tri-State requested that it be allowed another round of testimony to belatedly introduce an exit charge methodology (which is not the norm for CoPUC cases).
September 11, 2020 – FERC accepts (but does not approve) Tri-State’s buy down payment (BDP) methodology.
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La Plata Electric Association competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| BAYFIELD ELECTRIC COOPERATIVE | 1940 | $50.0M | 20 | - |
| A&N Electric Cooperative | 1940 | $77.2M | 175 | - |
| COLEMAN ELECTRIC | 1937 | $50.0M | 33 | - |
| Douglas Electric Cooperative Inc | 1939 | $50.0M | 36 | - |
| Access Energy Cooperative | 1938 | $50.0M | 40 | - |
| Park Electric Cooperative | 1939 | $50.0M | 20 | - |
La Plata Electric Association history FAQs
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La Plata Electric Association may also be known as or be related to LA PLATA ELECTRIC ASSOCIATION INC and La Plata Electric Association.