CEO’s Message – January 2025
Balancing Electricity Supply & Demand
Electricity is essential for nearly every aspect of daily life—so much so that we rarely think about how it’s produced and delivered to our homes. You might be surprised to learn that behind the scenes, a network of experts is working daily—and even by the minute—to anticipate how much electricity you need before you even use it.
We’re all connected to the electric grid, so ensuring the right amount of electricity for all involves a complex process of forecasting energy demand, planning for capacity, and securing enough supply to meet every member’s needs.
Powerful Sources
First, electricity must be generated at a power plant using either traditional sources, such as coal and natural gas, or from renewable sources such as hydro.
At Wells Rural Electric Company (WREC), we work closely with Bonneville Power Administration, our wholesale power partner, to secure enough electricity for our communities. We use a diverse mix of energy sources to generate the power we deliver to your home or business. By pulling from a variety of sources—hydro, nuclear, other renewables, and market purchases—WREC has options to ensure reliable power at a competitive cost.
WREC is beginning a new relationship with PNGC Power, which is also a cooperative, so we can pool resources and expertise with other utilities to continue delivering affordable power for you.
Electricity supply changes throughout the day because demand fluctuates based on consumers’ needs. For example, WREC knows we need more electricity in the mornings, when members start their day and, in the evenings, when members cook dinner, run appliances and watch TV. Demand also increases based on weather patterns, such as extremely warm or cold temperatures.
Looking Ahead
As the energy sector undergoes rapid change, all consumers need to understand the basics of electricity supply and demand.
Electricity use in the United States is expected to rise to record highs this year and next, with the demand for electricity expected to at least double by 2050. At the same time, energy policies are pushing the early retirement of always-available generation sources, which will undoubtedly compromise reliable electricity.
WREC remains committed to providing safe, affordable, and reliable energy to the members we serve. That’s why we are preparing now for increased demand and other challenges that could compromise our local electric supply.
Balancing electricity supply and demand is a complex job, which is why we have a network of partners in place to manage the electricity we need and keep the electric grid balanced.
As we begin a new year, your board of directors and employees renew our dedication to ensuring your access to safe, reliable, affordable and environmentally responsible electricity now and into the future.
Best wishes,
Thad S. Ballard
CEO
