Citizens Electric Partners with TEA Solutions for Portfolio Management Services

Citizens Electric Corporation and TEA Solutions entered into an agreement on March 1, 2025, to support Citizens Electric in their transition away from their current power supplier. The Energy Authority (TEA), headquartered in Jacksonville, FL, provides public power entities with strategic perspective on deriving maximum value from their assets, and offers advisory services, advanced analytics, and renewable solutions. TEA Solutions, a sister company of The Energy Authority, was created to serve community-owned utilities such as cooperatives and will assist Citizens Electric to complete the transition from a single supplier to multiple wholesale energy providers.

"Partnering with experienced experts within the energy sector at TEA Solutions allows Citizens Electric and our members a seamless transition as we exit from our current power supplier," stated Jason Cates, Citizens Electric Chief Executive Officer. "This strategic step will continue to allow for delivery of reliable power and provide us with greater control for our membership."

The Corporation’s partnership with TEA Solutions will provide a variety of services on the power delivery side, including Portfolio Management, Load Forecasting, and RTO Services. This suite of services will ensure that Citizens Electric Corporation has adequate oversight of its power supply portfolio and has an experienced team of specialists working to manage risk in the forecasting and trading markets.

“We are honored to be Citizens Electric's partner of choice as they build their new power supply portfolio," said Joanie Teofilo, President and CEO of TEA Solutions. “This partnership underscores our commitment to helping community-owned utilities deliver reliable and affordable service to their residents."

Citizens Electric remains dedicated to providing its members with reliable, affordable power. Recent changes in the wholesale power market, increasing demands for system flexibility, and rising operational costs with its former wholesale power provider prompted the decision to seek a new provider. On June 1, 2025, Citizens Electric will officially end its membership with Wabash Valley Power Alliance and transition to become a customer, ending on May 31, 2028. TEA Solutions is committed to supporting Citizens Electric in its efforts to deliver sustainable and cost-effective power to its members going forward.

About Citizens Electric Corporation

Citizens Electric Corporation, established in 1947, is a not-for-profit corporation operating as an electric cooperative located in Perryville, Missouri.  Citizens Electric services over 27,000 members in Perry County, Ste. Genevieve County and portions of Cape Girardeau, Bollinger, Jefferson, and St. Francois County.  For more information, visit www.cecmo.com or follow Citizens Electric on Facebook and LinkedIn.

About TEA Solutions

TEA Solutions provides community-owned utilities with a full suite of services to manage and maximize their wholesale energy load. TEA Solutions leverages the talent, systems, and tools of The Energy Authority which provides trading and risk management services to over 70 clients – with combined generating assets of over 25,000 MW.