By Vin Nitido, Trico CEO and GM
From all of us at Trico, we wish you a happy and joyful holiday season. The holidays are an opportune time to look back at a busy year – and to look ahead to 2019.
Everyone at Trico strives to provide reliable power and excellent service to our Members at the lowest cost possible. While the past year has not been without challenges, I believe overall, it’s been a positive one.
Our line crews did a great job maintaining and upgrading our system. With very few outages this year, our system reliability was at the top of our industry.
In total for 2018, Trico retired more than $3 million in capital credits – $1.5 million was returned to Members in June. An additional $1.7 million in capital credits will be retired in December.
The 10 MW Avión Community Solar Project is close to completion. When finished, it is expected to produce over 30,728 MWh per year, which is enough to power approximately 3,059 average residential homes.
I hope you and your loved ones have a wonderful holiday and new year! We look forward to a busy and productive 2019.