Tri-State ordered to provide payout fees to members looking to leave
A federal agency has issued an order in the ongoing faceoffs between the Tri-State Generation and Transmission Association and its members in Colorado and three other states, clearing the way for a potential reshaping of a significant chunk of the region’s energy landscape.
The Federal Energy Regulatory Commission adopted a formula for showing electric cooperatives what it would cost them to end their contracts with the wholesale power provider. The parties are poring over this week’s 247-page order and crunching numbers.…