Kaua‘i Island Utility Cooperative was one of eight electric utilities recognized as “Power Players of the Year” by the Smart Electric Power Alliance (SEPA).
“This year’s Power Players Award winners showcase innovative projects, partnerships, individuals and ideas transforming our industry,” said SEPA president & CEO Julia Hamm. “This innovation and leadership is more necessary now than ever.”
SEPA is a nonprofit organization that helps address the most pressing issues encountered in the smart transition to a carbon-free energy system by 2050, by providing education, research, standards and collaboration around a clean and modern energy future.
KIUC earned its award in the category of Electric Cooperative of the Year for demonstrating industry leadership through unique innovation in an effort to significantly accelerate the transformation to a clean and modern energy system.
In its award announcement, SEPA said “KIUC is unique in the world in achieving 100% renewable on nearly a daily basis.” SEPA further noted “KIUC’s transition to renewables has resulted in more stable and lower rates, as members are increasingly buffered from the financial impacts of volatile oil pricing and benefit from a majority of their power being supplied via long-term power purchase agreements that are competitively- or lower-priced compared to fossil fuel.”
“We’re proud to receive this national recognition and will continue to focus on innovation as we forge our path to 100% renewable,” said KIUC’s President and Chief Executive Officer, David Bissell.
The eight winners were selected from a record-breaking competitive field of over 100 nominees and recently announced finalists. More information on the 2021 SEPA Power Players Awards can be found at: https://sepapower.org/knowledge/sepa-announces-2021-power-players-award-winners/