Holy Cross Energy (HCE) offers a voluntary program to support renewable energy generation in which members may select their fuel source: wind, local hydro, and local solar. A total of 48,556 MWh were purchased by 2,351 HCE members in 2021. In addition, HCE’s members installed an additional 290 small renewable energy generators (such as solar panels) by the end of 2021, bringing the total number of local renewable installations to 2,233. The 42,835 kW of distributed renewable generation produced about 112,515 MWh during the calendar year.
In 2007, House Bill 1281 added to the existing renewable standards (RES) for investor-owned utilities and required that electric cooperatives like HCE supply 10% of retail sales from renewable sources by 2020, with the required percentages increasing over time. HCE sold a total of 1,210,410 MWh to its retail customers in 2021, resulting in a requirement to have 121,041 MWh in RES eligible generation. Exceeding the requirement, 612,467 MWh (48% of all purchases) of HCE’s retail electric sales came from eligible renewable sources, excluding renewable sales to customers under the voluntary pricing program. Renewable Energy Credits equal to those sales are retired on an annual basis using the RES Standards and are not used for any other purpose.
Additionally, HCE filed a Clean Energy Plan (CEP) with the Colorado Public Utilities Commission, which received approval in 2022. This plan outlines a pathway that is above and beyond the CEP statutory threshold of 80% emissions reductions from 2005 levels, in alignment with HCE’s 100X30 goal.