News & statements

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Feb. 13, 2017

The utility owners of NGS voted Feb. 13, 2017, to extend operations to the December 2019 end of its lease, if an agreement can be reached with the Navajo Nation. This would preserve, for almost three years, continued employment at the plant and additional revenues for the Navajo Nation and the Hopi Tribe. The decision by the utility owners of NGS is based on the rapidly changing economics of the energy industry, which has seen natural gas prices sink to record lows and become a viable long-term and economical alternative to coal power.

Read the SRP press release.

 

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