Central Colorado Power Co. - Stock Certificate
Inv# US1081 Stock
Stock printed by American Bank Note Company, New York.
The US state of Colorado has vast wind energy resources and the installed electricity capacity and generation from wind power in Colorado has been growing significantly in recent years. The growth has been sustained due to a combination of falling costs (69% reduction from 2009 to 2018), continuing federal incentives (similar to those supporting most other resource development), and the state's aggressive renewable portfolio standard that requires 30% of the state's electricity to come from renewable sources by 2020.
Wind power accounted for 14.2% of total electricity generated in Colorado during 2015. Its share increased to more than 17% for years 2016 thru 2018. As of the end of 2018, more than three times as much power is produced by wind within the state as is produced from all other renewable sources combined.
The cities of Pueblo, Brighton, and Windsor, Colorado are home to four Vestas manufacturing facilities which together employ about 3,500 people as of 2018. Overall, it is estimated that each wind turbine deployed supports about 30 jobs over the course of its lifetime through its manufacturing, supply chain, construction, and operation.
Colorado voters approved Amendment 37 which required the state's largest utilities to obtain 3 percent of their electricity from renewable energy resources by 2007, and 10 percent by 2015. More recently, in 2010, the state approved a renewable portfolio standard that requires 30% of the state's electricity to come from renewable sources by 2020.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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