GUZMAN ENERGY SECURES 15-YEAR CONTRACT EXTENSION WITH KIT CARSON ELECTRIC COOPERATIVE KEY HIGHLIGHTS: This partnership is expected to save KCEC $150 million to $170 million over the lifetime of the contract. Fixed wholesale power rates delivering power cost stability for coop members. Flexibility to add local, renewable power generation resources. Continue to increase KCEC's access to renewable energy. As a result, it is expected that KCEC will exceed the Energy Transition Act, NM statewide renewable energy standard of 50 percent by 2030. Guzman Energy continued investment in the KCEC Community Fund. Guzman Energy "The value that Guzman Energy provides our membership goes beyond cost savings. They have been consistent supporters of our community and share the KCEC Board vision to develop modern, resilient and locally managed renewable energy assets. Guzman Energy is a true partner for energy transition strategy and execution, helping KCEC become one of the cleanest, most cost-effective power distribution cooperatives in America." - Luis A. Reyes, Jr., CEO of KCEC KIT CARSON Electric Cooperative Internet Propane kitcarson.com THIS INSTITUTION IS AN EQUAL OPPORTUNITY PROVIDER AND EMPLOYER GUZMAN ENERGY SECURES 15 - YEAR CONTRACT EXTENSION WITH KIT CARSON ELECTRIC COOPERATIVE KEY HIGHLIGHTS : This partnership is expected to save KCEC $ 150 million to $ 170 million over the lifetime of the contract . Fixed wholesale power rates delivering power cost stability for coop members . Flexibility to add local , renewable power generation resources . Continue to increase KCEC's access to renewable energy . As a result , it is expected that KCEC will exceed the Energy Transition Act , NM statewide renewable energy standard of 50 percent by 2030 . Guzman Energy continued investment in the KCEC Community Fund . Guzman Energy " The value that Guzman Energy provides our membership goes beyond cost savings . They have been consistent supporters of our community and share the KCEC Board vision to develop modern , resilient and locally managed renewable energy assets . Guzman Energy is a true partner for energy transition strategy and execution , helping KCEC become one of the cleanest , most cost - effective power distribution cooperatives in America . " - Luis A. Reyes , Jr. , CEO of KCEC KIT CARSON Electric Cooperative Internet Propane kitcarson.com THIS INSTITUTION IS AN EQUAL OPPORTUNITY PROVIDER AND EMPLOYER