JMEC News:

ESPAÑOLA — Tri-State Generation & Transmission Association, Inc. (Tri-State), has submitted a filing to the Federal Energy Regulatory Commission (FERC) for a rate increase of 6.36 percent. Tri-State is the wholesale electricity provider to Jemez Mountains Electric Cooperative, Inc. (JMEC).

If the rate request is approved, the increase would go into effect Jan. 1, 2024, and apply to JMEC members’ power cost only. For the average JMEC residential user of about 650 kWh per month, that increase would equal about 3.5 percent or $3.58 per month. Power costs are a pass-through cost from Tri-State to JMEC’s members and not marked up by JMEC.

Tri-State has not increased its wholesale rate for its 42-member electric cooperatives in seven years, with the wholesale rate flat from 2017 into 2021, and then reduced a total of 4 percent in March of 2021 and 2022, remaining lower in 2023. Tri-State expects a ruling on the rate request from the FERC within 60 days. 

About Jemez Mountains Electric Cooperative, Inc.

Incorporated in 1948, Jemez Mountains Electric Cooperative, Inc. (JMEC) serves more than 27,500 members and consumers in five northern New Mexico counties – McKinley, Rio Arriba, San Juan, Sandoval, Santa Fe – in three service districts – Española, Jemez Springs, Cuba – spread out over 7,000 square miles and 4,142 miles of transmission and distribution lines. It is the largest electric cooperative in the state of New Mexico and includes in its territory Native American lands including those of the Jicarilla Apache Nation, The Navajo Nation as well as the pueblos of Jemez, Nambe, Ohkay Owingeh, Pojoaque, San Ildefonso, Santa Ana, Santa Clara and Zia.