In 2015, Platte River completed a planned maintenance outage of Rawhide Energy Station Unit 1. It was part of an aggressive plan to ensure that Rawhide Unit 1 continues to operate safely, reliably, and efficiently – all while maintaining environmental compliance.
Events in 2015 allowed Platte River to shift its focus from simply diversifying its energy supply portfolio to taking a broader look at all aspects of generation resource management. Platte River employs an adaptive strategy to cost-effectively maintain reliability, manage risks, and ensure regulatory compliance.
In 2015, Platte River Power Authority stayed steadfast to its mission of providing safe, reliable, environmentally responsible, and competitively priced energy and services to our member owners.
Learn more about Platte River and its charge to deliver safe, reliable, environmentally responsible, and competitively priced energy and services to its owner municipalities.
Despite achieving a net income below the target budget, Platte River’s financial position remains stable. An increase in the firm resale power service rate for 2016 was approved by the board of directors, yet Platte River continues to be the lowest-cost wholesale electric supplier in Colorado.
Efficiency Works™ gives customers a single place to go for assistance with improving energy efficiency and saving money. In 2015, the program saw a record in customer participation.
Platte River has completed an 18-month project to connect Headquarters, the Laporte Substation, and Rawhide Energy Station through fiber optic cables. Fiber optics will reduce cost, increase reliability, and is more secure than the old microwave communication framework.
Platte River believes in participating in efforts that enhance the quality of life in the communities we serve. In 2015, our employees participated in several events benefiting local non-profits.
Platte River is a joint action agency and political subdivision of the State of Colorado. Learn about Platte River’s eight member board of directors and the senior management team.
Platte River provides wholesale electric generation and transmission to Estes Park, Fort Collins, Longmont, and Loveland. Read about energy market statistics, retail customers, and energy sales by city.
A new security policy and team illustrates Platte River’s commitment and ability to protect personnel and assets. This policy strives to provide a common language for efficient communication between management, employees, and functional groups regarding Platte River’s security posture.
In 2015, Platte River participated in GridEx III, a nationwide tabletop exercise for cyber security preparation. It helped Platte River test its incident response capabilities and coordinate responses with other entities.
In August 2015, the Environmental Protection Agency (EPA) released the Clean Power Plan Final Rule (CPP). While the U.S. Supreme Court has stayed the plan due to pending legal challenges, Platte River is preparing to comply with the CPP regulations if the stay is lifted and the plan is implemented.
Platte River is dedicated to bettering itself, as well as its industry. In 2015, Platte River received a peer review from the North American Transmission Forum (NATF), and an audit from The North American Electric Reliability Corporation (NERC). Learn more about the NATF and NERC, and see how Platte River performed.
Familiarize yourself with the language Platte River uses in this annual report by reviewing this glossary of terms.
Citizens of our owner communities, our employees, and the environment are always at the heart of what we do. Learn more about Platte River’s mission, vision, and values.
Platte River Power Authority’s management is responsible for the preparation, integrity, and objectivity of the financial statements and related information included in this Annual Report.