In August, they will celebrate 83 years of “keeping the lights on” for homes and businesses along the Front Range.
IREA was established as a cooperative and remains one to this day, and the relationship it has with its members is unlike that offered by investor-owned, municipal, and other types of utilities. They like to call this “the co-op difference.”
largest electric cooperative
IREA was established in 1938 by a group of local residents. Since then, they have grown to more than 165,000 members, making them the largest electric cooperative in Colorado and one of the largest in the U.S.
They are partners to the communities they serve, donating to and supporting hundreds of charitable programs and local nonprofits.
provide reliable service
IREA is owned by them and their other members, and each member has a say in how they do business
IREA is owned by them and their other members, and each member has a say in how they do business. Every four years, members elect a district representative to serve as their voice on their board of directors.
No other business model offers such a direct relationship between the utility and the people it serves.
Not-for-profit
IREA is not beholden to stockholders or investors. The margins are invested back into the grid and, whenever possible, capital credits are returned to members. They have not increased general rates since 2013, and do so only when absolutely necessary.
They look forward to continuing to provide reliable service at affordable rates.
