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Basin Electric Power Cooperative's annual meeting

(KFYR)
Published: Nov. 6, 2019 at 10:25 PM CST
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During its annual meeting, Basin Electric Power Cooperative's CEO says he doesn't expect fees to increase for customers in the next year.

The company also announced plans to invest heavily in its Bakken infrastructure over the next decade.

"It isn't just like natural gas fired power plants, it's also also the infrastructure needed for transmission. And so all of those things combined, you could see something along those lines, probably $800 million or more dollars that we'd need to spend to meet that load growth up there," said Paul Sukut, CEO.

He says the company is growing at twice the national average rate for a utility.​