IREAâ€™s government affairs team works with elected officials to implement policies that lead to reliable service and support lower electric rates.
Energy Imbalance Market
A new study by Vibrant Clean Energy, commissioned by IREA and Holy Cross Energy, finds that by enabling more efficient and transparent transmission coordination across Colorado, the average residential electricity customer could save $255 per year by 2040 compared to today. This amounts to an annual statewide electricity cost savings of $1.76 billion. The coordination of electric grid investments across Colorado would also facilitate integration to Western electricity markets and create 70,000 new jobs while reducing annual greenhouse gas emissions (GHG) from the electricity sector by 73% from 2005 levels.