Colorado Co-ops Top National List

Two Colorado electric cooperatives are among the top cooperatives in the country.

The National Cooperative Bank recently listed Colorado-based electric co-op power supplier Tri-State Generation and Transmission Association, Inc., and Denver-based ag bank CoBank on its Co-op 100 list.

The NCB Co-op 100 list remains the only annual report of its kind to track profits and successes of cooperative businesses in the United States, as it ranks co-ops across various sectors by revenue earned in 2019.

The report, released in October during National Co-op Month, highlights education and promotion of the cooperative sector. Electric co-ops, specifically, account for about 25% of the NCB Co-op 100 for 2020. Collectively, the 24 electric co-ops on the 2020 list had $22.3 billion in revenue last year, showing that electric cooperatives and related organizations continue to be major economic contributors in their communities.

Electric cooperatives and generation and transmission cooperatives are making strategic infrastructure investments to give communities they serve the flexibility to adapt to future energy needs, noted National Rural Electric Cooperative Association CEO Jim Matheson in a recent statement.

A cooperative, electric or otherwise, is a business organized, owned and controlled by the people who use its products, such as your local electric cooperative, which you are a consumer-member of. Today, one in three Americans is a part of a co-op.