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  • The Watts Up with PRECorp monthly podcast Season 1 has launched. Go to https://precorp.coop/podcast-watts-precorp for more information.
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Wholesale power rate increase update

Tuesday | September 2, 2025
All News

The Basin Board of Directors is slated to take a final vote on the 2026 rates at its September or October meetings. That plan would amount to approximately a 9.8% increase in the cost of power from its member cooperatives. This is a $7 to $10 increase per month on average residential usage. This will vary based on individual usage. These estimates are preliminary, however, and are subject to change.

Basin has cited a variety of reasons for seeking the additional revenue. The primary reason is the Bismarck-based power generator is raising capital to build new generation stations in its service territory. These stations are needed to supply adequate power for the growing appetite for electricity in the central United States.

Secondarily, Basin is required to provide adequate power generation resources to satisfy regional grid stability requirements. In times of maximum demand, Basin must literally overbuild infrastructure to meet the highest possible demand.

Basin is also faced with increasing costs to build generation and transmission facilities. For instance, the Dry Fork Station in Gillette was constructed at a cost of $800 per megawatt produced. Today, generation facilities are running about $2,800 per megawatt.

PRECorp officials recognize these challenges Basin is confronting, but is advocating for a softer impact on its members.

Some of the softening strategies include the predictable distribution of Basin capital credits to cooperatives, which would alleviate the pressure at the local level. Additionally, PRECorp is calculating a cost of power adjustment for 2026. This adjustment would compensate members for actual power costs in 2025.

Details and specific numbers remain under review.

PRECorp CEO Brian Mills hosted a telephone town hall meeting August 27 for members.

View Facebook video

Another town hall is set for Thursday, November 20, at 6:30 p.m. to offer additional details.

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    • About Us
      • What is a Co-op?
        • Overview
        • By the Numbers
        • Cooperative Principles
      • Strategy Map
      • Service area map
      • Contact Information
      • Board of Directors
      • CEO & Executive Staff
      • Partners & Links
        • Other Partners
      • News & Press Releases
      • Publications
      • Legal Publications
        • Rules & Regulations
        • Tariffs
      • Employment Opportunities
      • Podcast: Watts Up with PRECorp
    • Member Center
      • How to Pay Your Bill
      • Understanding Your Bill
      • Request a new service
      • SmartHub
      • Annual Meeting
        • Past Annual Meetings
      • Energy Assistance
        • Energy Share of Wyoming
        • Low Income Energy Assistance Program (LIEAP)
      • Capital Credits
      • Operation Round Up
      • Forms
      • Member Services
        • Budget Billing
        • Heat Rate (HR)
        • Rate Calculators
        • Home Efficiency Loan Program (H.E.L.P.)
        • Time of Use rate (T.O.U.)
        • PREPay Program
        • Coop Connections Discount Card
      • Construction & Engineering Standards
      • High Load Moves
      • Stakeholder Updates
    • Community
      • Sponsorship
      • PRECorp Foundation
      • Student Scholarships
      • Safety
        • Generator Safety
        • Safety Quiz
      • Environmental Stewardship
      • Tree Trimming
      • PRECorp Local Action Network (P.L.A.N.)
      • Live Streaming Sports Broadcasts
    • Energy Center
      • Programs & Products
        • Budget Billing
        • SmartHub
        • Heat Rate (HR)
        • PREPay Program
        • Time of Use rate (T.O.U.)
        • Tempest weather station
        • Home Efficiency Loan Program (H.E.L.P.)
        • Electric Vehicles (EV's)
        • Coop Connections Discount Card
        • Rate Calculators
        • Renewable Energy Credits (RECs)
        • Green Tags
      • About Touchstone Energy
      • Together We Save
      • Money-saving ideas
    • Join the Team
    • Outage Center
      • Outage Map
      • Safety
      • Restoration Process
      • Social Media & Weather