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A small company sees opportunity in revolutionizing Colorado’s energy supply
Energy News Network: Guzman Energy burst onto the utility scene in the Rocky Mountains in 2016 as an electrical cooperative based in Taos, New Mexico, sought to get out of its contract with a coal-heavy wholesale supplier in order to develop its local solar potential.
To make that possible, Guzman paid the $37 million exit fee required by Tri-State Generation and Transmission, the wholesale supplier, and began delivering electricity purchased from the energy markets to the co-op. Today, Kit Carson Electric Association is on track to develop solar resources sufficient to meet all its daytime needs by 2020.
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