July 19 2016: SMPA Pays Over $1 Million in Member Dividends Back to Members
At its June meeting, the San Miguel Power Association (SMPA) Board of Directors elected to return member dividends (also called “capital credits”) to the membership in the amount of $1 million. An additional $214,000 from SMPA’s wholesale power provider, Tri-State Generation and Transmission, will be distributed as well.
Electric co-ops like Tri-State and SMPA operate at cost— collecting enough revenue to run and expand the business but with no need to raise rates to generate profits for shareholders. When the co-op has money left over...
Thursday, September 1 - Ames to the Gondola & Alta Lakes
9:00 AM - 2:00 PM
Upgrading underground and overhead circuits. This work will improve service reliability of the area.
Tuesday, September 6 - Benchmark, Hanglider, Wilson Peak, Snowdrift, Palmyra, Polecat, Autumn Lane, and Hoodpark
9:00 AM - 9:30 and then 1:00 PM - 1:30
Brief (<5 min) outages as power is switched to allow for equipment replacement.
Check https://www.facebook.com/SanMiguelPower for updates on any ongoing unplanned outages.