Jeff Conrad, President and CEO of Wabash Valley Power
This November, I’m especially mindful of the blessings in my life – my family, my friends, and the incredible team at Wabash Valley Power Alliance dedicated to serving you. It’s the perfect time to reflect on the work we do together as a cooperative family and thank you for trusting us every day to deliver reliable, affordable energy and prepare for the future.
One of our biggest goals this year as an organization was preparing to serve up to 1,000 megawatts (MW) of new growth. What does that mean? On the hottest days of the summer, when everyone’s air conditioners are running at once, our system collectively uses about 1,800 MW of electricity at its peak. So, adding 1,000 MW over the next five years is significant.
I understand there are concerns about large projects like data centers. This year alone, we received about 150 economic development requests, many of them we would call “mega loads.” When a new home or business is built in REMC territory, our distribution co-op has certain legal obligations to serve under Indiana service territory law. With very large projects, though, we take additional steps. Before they come to a community, we make sure the power is available and can be delivered reliably. We also require strong financial protections and, just as important, support from the local co-op. When done right, these opportunities strengthen local communities and our entire Wabash Valley Power membership. When one member benefits, we all benefit.
As we pursue growth, we remain grounded in three principles:
- Creating meaningful value: Every project must deliver long-term benefits for all our members, not just a few.
- Risk mitigation: Growth is exciting, but it must be carefully managed. We design agreements that protect members from uncertainty, ensuring stability and confidence.
- Responsible solutions: Energy decisions affect more than kilowatts and costs; they shape communities, economies, and futures. That is why we focus on practical solutions.
These principles guide every conversation, negotiation, and agreement. They remind us that growth without purpose is not success; it’s risk. Our focus is always on our co-ops. Like local REMCs, we are not-for-profit. We do not answer to shareholders in faraway places. Growth that brings value, protection, and responsibility sets co-ops apart.
So, as we give thanks for families, communities, and the blessings we share, I am thankful for you, our members. Your trust, partnership, and belief in the co-op model make progress possible. Together, we are not just securing megawatts. We are building a stronger future. And for that, I am grateful.