As EPE embarks on 120 years of service for West Texas and Southern New Mexico, we’re wanting ahead to the longer term and the chance to remodel the power panorama. 2020 offered us with unimaginable challenges, however we’re grateful for the resilience and collective help of our prospects, neighborhood and our workers.
To ship the facility essential throughout this time, we’re proud that our frontline staff proceed to enter the sphere on daily basis, supported by different dedicated workers who’ve modified their operations.
To help our neighborhood, we’ve got additionally suspended disconnections actions, linked these in want with supportive businesses, and modified operations to forestall outages in the course of the college day. In all, our companions offered greater than $4.9 million in buyer help packages to greater than 42,000 prospects.
Concurrently, we continued our robust dedication to neighborhood giving and financial growth with greater than $1.Four million in neighborhood contributions to about 140 nonprofits.
Throughout 2020, our prospects set a record-breaking use of electrical energy, which made it abundantly clear that the power useful resource decisions we made beforehand had been the correct ones to satisfy our prospects’ power calls for. This provide contains nearly 500 megawatts (MW) of latest energy—200MW of photo voltaic, 50MW of battery storage, and 228MW of pure fuel.
Newman Unit 6 is a state-of-the-art s alternative unit that can substitute three older, less-efficient, unreliable models which are 60+ years outdated and save 600 million gallons of water per yr.
By 2025, these efforts will permit EPE to scale back carbon emissions by 25%. The Financial Impression Evaluation estimates a complete financial influence to the nationwide economic system of $253 million and a complete regional financial influence of $45.5 million. Our aim is to triple the usage of renewables and enhance reliability concurrently and Newman Unit 6 is essential to the clear power future for all our prospects in each New Mexico and Texas.
Regardless of the logistical obstacles created by the pandemic, EPE’s financial growth division continues to work alongside our companions to market our area as a spot to do enterprise.
There have been over 1,700 jobs introduced in 2020 from companies becoming a member of our market, corresponding to Amazon’s Success Middle. The success of 2020 was on par with the influence EPE made in 2019, which was an total regional financial influence of $889 million, 2,446 jobs created and skilled a labor revenue influence of over $189 million.
EPE will make sure that these new companies, together with each different buyer, can have the electrical service they want and deserve.
Our greater than 1,100 staff members had been additionally valiant of their potential to serve past their formal capability at EPE by constantly doing what they will to assist our neighborhood energy by.
By way of numerous efforts, from donating to our native frontline staff in hospitals, fireplace stations and sister utilities, to surpassing our philanthropic fundraising targets for our annual employee-led United Means donation, to spreading messages of hope and inspiration by social media, our workers – who additionally name this area house – have stepped up in a approach that can by no means be forgotten.
Positioning EPE properly for the longer term, we finalized our change of possession, which included the next advantages, amongst others:
- Native workforce retention and growth alternatives
- Upkeep of a neighborhood headquarters and electrical invoice credit for patrons
- $100 million in financial growth
Trying ahead, EPE plans to implement new applied sciences and buyer packages together with, superior metering methods, predictive upkeep expertise, electrical automobile infrastructure, and extra self- service buyer instruments that can assist place our area as a most well-liked place to reside, work and do enterprise.
Most not too long ago, we launched our on-line retailer, EP Electrical Market, that provides prospects merchandise to avoid wasting power and cash.
For a lot of causes, 2020 was a pivotal time for all of us, however it additionally gave us a chance to mirror on who we’re and what’s most necessary to our prospects.
With our prospects, neighborhood and workers high of thoughts, our new mission – Remodeling the Power Panorama – might be how EPE charts a brand new path ahead for improvements that can drive the financial vibrancy our area deserves.
We now have endured a lot however we’ve got emerged extra dedicated, prouder and extra decided than ever. We all know that if we are able to stand collectively throughout this yr, we are able to rise collectively within the upcoming ones.
Tomblin is creator of “100 Days of Doing Energy Otherwise” and “Suppose Love Management” has labored for greater than 25 years within the power trade, in each aggressive and vertically built-in markets all through america, the Caribbean, the UK and Latin America.
She has expertise within the technology, transmission and distribution sectors in addition to renewable growth, and power providers and gross sales. Ms. Tomblin has labored in all areas of the trade, together with authorized, customer support, regulatory, plant and subject operations, and group transformation.
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