No one single fuel source is sufficient to generate the electricity needed to supply our members. And with frequent price fluctuations, varying fuel availability, and continual regulatory and legislative changes, it is essential to have a supply mix that is as diverse as it is economical.

Wolverine is committed to securing long-term power supply for our members through a diverse mix of energy resources. From base load coal to peaking natural gas to renewable wind energy power purchase agreements (PPA) to power purchased from the market, Wolverine’s energy portfolio is diverse and reliable for years to come.

These peaking power plants are designed to operate at times when demand for electricity is at its peak. They are capable of producing approximately 1,000 of the total 1,360 megawatts of generation.

As a not-for-profit wholesale electric cooperative, Wolverine is member-owned, member-governed, and member-controlled. Our members are focused on keeping prices affordable for their member-consumers, which keeps us focused on our costs to keep rates competitive.

Unlike investor-owned utilities, electric cooperatives aren’t in business to make profits for shareholders. We exist to provide safe, reliable, and affordable energy to our members in the communities they serve.

Wolverine is committed to keeping our rates competitive for our members by accomplishing the following:

1. Abiding by the not-for-profit business model
2. Possessing a diverse power supply mix
3. Owning and operating assets
4. Negotiating cost-effective long-term purchase power agreements
5. Advocating for effective energy policy
6. Investing in critical infrastructure and innovative technology

1. Investor-Owned Utility (IOU)
   A stockholder-owned power company that generates, transmits, and often distributes electric energy for a profit. They primarily serve densely populated areas.
2. Municipal Electric Utility
   An electric utility owned by a city, borough, or other incorporated community. As a public entity, municipal electric systems can levy taxes, issue government bonds, and adopt and enforce rules and regulations. They also serve densely populated cities from the very large to very small.
3. Rural Electric Cooperative
   An electric utility owned and governed by members who use its services. Democratically controlled and operated on a not-for-profit basis, cooperatives primarily serve more rural or less populated parts of the country.

We all know that energy prices have been on a roller coaster ride for years. Prices fluctuate all the time, which can have a dramatic impact on our pocketbooks.

Fortunately, Wolverine is well-positioned to continue to serve our members reliably and cost-effectively for many years to come. The diverse nature of our supply mix and our efforts to reduce costs will help to keep future rates stable. Wolverine’s diverse supply mix also allows us to use less expensive sources of energy when other fuels or supplies experience price increases.