Most consumers would not define active involvement with their electric company as a way of providing great value to the community, but PVREA is not an ordinary utility company. We’re a co-op, and our business model, guided by the Seven Cooperative Principles, is meant to serve the members and provide a value to the community in which it operates – not to make a hefty profit for investors five states away.
One of the best values you get as a member is the democratic right to vote in board elections and hear the state of your cooperative at the Annual Meeting. In fact, your co-op’s Annual Meeting exudes all seven of the Cooperative Principles.
Voluntary and Open Membership
Cooperatives are member owned - you’re not a customer, you’re a member of PVREA.
Democratic Member Control
One member, one vote. Each membership can vote in board elections by mail or at the Annual Meeting. The members decide
who guides and governs their co-op.
Members’ Economic Participation
Members can review in the Annual Report (which is on the following pages) and hear at the Annual Meeting how the co-op is handling funds and utilizing technology to maintain reliable electricity - not to mention noting the capital credit retirements to members from the previous year.
Autonomy and Independence
PVREA is a private organization run by its members – we’re not an arm of the government. The Annual Meeting is the co-op’s opportunity to review finances, goals, and other business with members.
Education, Training and Information
The Annual Meeting serves as a great (and fun) way to get together with neighbors, learn where the electric industry is going, and how your co-op is staying ahead of the curve with technology and innovation. We also have several booths where you can learn about the programs and services available to you, ask us questions, and check out other non-profit organizations in our community.
Cooperation Among Cooperatives
Besides PVREA, other co-ops report to members at the Annual Meeting, such as the Colorado Rural Electric Association, our statewide trade association, and PVREA’s wholesale power provider, Tri-State Generation and Transmission.
Concern for Community
We’ve always wanted the Annual Meeting to also include our local community. Each year we have local, non-profit organizations participate in our Annual Meeting by showcasing their business at various booths.
This year marks PVREA’s 79th Annual Meeting. Even 79 years ago, when PVREA held its first Annual Meeting in 1940, the goal of the Annual Meeting was the same then as it is today - the opportunity for members to come together, be updated on the successes and challenges of their local co-op and the democratic right to vote for the Board of Directors.
We hope to see you at your co-op’s 2018 Annual Meeting on April 7 at the Embassy Suites in Loveland.
President & CEO