Hulett Grants Powder River Energy Franchise to Provide Electricity

Five-year agreement allows utility to operate and maintain electric system in town

Published on Feb. 11, 2026

The Town of Hulett, Wyoming has granted a five-year franchise to Powder River Energy Corporation (PreCorp) to construct, operate, and maintain an electric system within the town limits. The ordinance outlines the terms and conditions for PreCorp to provide electricity to the town and its residents, including requirements for infrastructure placement, maintenance, and a 2% franchise fee on gross revenue.

Why it matters

This franchise agreement ensures Hulett residents will have a reliable electricity provider for the next five years, while also providing the town with a revenue stream from the franchise fee. The ordinance also establishes guidelines for PreCorp's operations within public rights-of-way to minimize disruptions.

The details

The ordinance grants PreCorp, a non-profit Wyoming utility, the right to build, operate, and maintain electric transmission and distribution infrastructure in Hulett. PreCorp must provide 48-hour notice for scheduled work, restore any public property damaged, and comply with the town's reasonable rules and regulations. In exchange, PreCorp will pay Hulett a 2% franchise fee on gross revenue from electricity sales within the town.

  • The ordinance was passed on third reading on February 4, 2026.
  • The franchise agreement takes effect immediately and lasts for 5 years.

The players

Powder River Energy Corporation (PreCorp)

A non-profit electric utility company organized and existing under the laws of the State of Wyoming.

Town of Hulett

A municipal government in Crook County, Wyoming that has granted PreCorp a franchise to provide electricity within the town limits.

Ted Parsons

The mayor of the Town of Hulett.

Melissa Bears

The town clerk of the Town of Hulett.

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What’s next

The franchise agreement will be in effect for 5 years, after which the Town of Hulett can consider renewing or renegotiating the terms with PreCorp.

The takeaway

By granting this franchise, the Town of Hulett has secured a reliable electricity provider for its residents and established a revenue stream to support municipal operations, while also setting guidelines for PreCorp's use of public rights-of-way.