Grand Valley Power has announced plans to deliver 60 percent of its electricity from renewable sources by 2030.
“As a locally owned cooperative, we have always been good stewards of our environment. With cost-effective advances in clean, renewable energy technology, we’ll be able to meet this 60 percent target by 2030 while maintaining rate stability and our excellent reliability standards,” said Tom Walch, chief executive officer of Grand Valley Power. “This is one of the best ways we can deliver value to our consumers.”
A not-for-profit electric cooperative based in Grand Junction, Grand Valley Power serves 18,000 customers in the Mesa County area.
Grand Valley Power has increased the proportion of electricity it supplies from renewable energy sources. The cooperative met the state renewable energy standard of
10 percent in 2010, a decade ahead of the requirement. Grand Valley Power currently has more than 30 percent renewable energy in its power supply mix.
Walch said Grand Valley Power will achieve its 60 percent target with wholesale power supply purchases from Xcel Energy, Western Area Power Administration hydropower, cooperative-owned generation and distributed generation resources.
The announcement comes at a time when home- and business-owners are increasingly interested in having renewable energy and reducing carbon emissions, he added.
For more information about Grand Valley Power log on to www.gvp.org.