Debt drives Kit Carson rate hike amid faltering sales
Kit Carson Electric Cooperative plans a $13 monthly bill rise after four years of rising debt and shrinking energy sales. Debt grew 34 percent to about $85 million, with $12 million tied to a fiber optic project. Operational costs rose less than revenues, while mine closures trimmed load. CEO Reyes cites decreasing sales and loss of Chevron mine as key factors, with no layoffs planned.
MENTIONED IN THIS ARTICLE
Kit Carson Electric Cooperative
Co-Op
Luis Reyes
Chevron
Questa
Informa
Taos News Volume 56 Issue 45 Taos New Mexico Department
The Taos News issue details edition information for Taos New Mexico including department sections and page count. Copyright notice shows 2015 retention.
MENTIONED IN THIS ARTICLE
Taos
New Mexico
The
Kit Carson Electric Seeks $37 Million exit fee from Tri-State
Tri-State Generation and Transmission asks Kit Carson Electric Co op to pay 37 million dollars to exit its power-supply contract. A court transcript shows the figure disclosed at a hearing last month despite claims of confidentiality. Co op CEO Luis Reyes says exit costs are not in the new rate design and negotiations with seven suppliers are ongoing.
MENTIONED IN THIS ARTICLE
Kit Carson Electric Cooperative
Tri-State Generation and Transmission
Tri-State
Taos News
Co-op
Luis Reyes
Reyes
Lee Boughey
Tri- State
Kit Carson
Taos Driver Pleads Guilty in Vehicular Homicide
Henry Sanchez, 23, of Taos Pueblo, apologized in a Taos courtroom after pleading guilty to vehicular homicide in the death of 20-year-old Monique Sandoval. He received a 364 day jail sentence and urged learning from the tragedy to educate the community about drunk driving.
MENTIONED IN THIS ARTICLE
Taos
Henry Sanchez
Taos Pueblo
Monique Sandoval
Land Office aims fivefold hunter fee for state land access
State Land Commissioner Aubrey Dunn seeks at least 1 million annually for hunters access to state trust land, a hike from the current 200,000. The Game and Fish Department now pays 200,000 to grant access to about 8 million acres statewide for the 2016-2017 season, with Taos County containing tens of thousands of acres near Rio Grande del Norte National Monument.
MENTIONED IN THIS ARTICLE
Aubrey Dunn
State Department of Game and Fish
Taos County
Rio Grande del Norte National Monument
Also Mentioned on This Page
Bosque
Pefiasco
Carly Gonzales
Isaiah Rodarte
Bloomfield
Kathleen Murrill Lee
Guadalupe Lopez
Cerro
Antonio A. Santistevan
Esther M. Santistevan
Jeanine Rose Thompson
O Prado
WeePoeKwin
J.R. Logan
Bove
Athena Dunleavy
Brewster
Taos High School
Dunleavy
Eli Collignon
Dylan Cox
Abby
Teddy
Jonathan Brewster
Katharine Egii
Land Office
Hunters
Page
Nusenda Credit Union
Nusenddea
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