Tri-State set to pay $70M in aid to Craig, Moffat County to offset closing power plant, coal mines
By Mark Jaffe | The Colorado Sun
Moffat County and the city of Craig are in line for $70 million in aid from the utility shuttering the local power plant and the coal mines that supply it, under a settlement filed with the Colorado Public Utilities Commission.
Tri-State, which provides wholesale power to 41 rural electric cooperatives in four states, also agreed to locate a new natural gas-fired unit in Moffat County and transfer a water storage right to the county.
“This community assistance agreement is a win for our community now and into the future,” Moffat County Commissioner Melody Villard said in an email.
The settlement, part of Tri-State’s Electric Resource Plan, must still be approved by the PUC. The electric resource plan lays out the utility’s proposal for deve...