Poudre Valley Rural Electric Association (PVREA) had record attendance today at the Cooperative’s Annual Meeting. Over 1,800 gathered at Embassy Suites in Loveland to hold its annual membership business meeting and celebrate 80 years of providing power to Northern Colorado.
PVREA was founded in 1939 by local farmers and families who desired to improve their quality of life by bringing electricity to the rural area. The first office location was established in Severance, Colorado by 550 memberships who paid five dollars apiece for their membership with the Co-op. The Co-op’s first Annual Meeting was held in 1940.
Today, over 43,000 homes and businesses make up PVREA’s membership, each of which are invited to the Co-op’s Annual Meeting. This year’s theme of the meeting was “Solid Foundation, Bright Future” where the Co-op celebrated its rich history and foundation in the local community, while also discussing how the Co-op is meeting challenges and engaging in opportunities and innovation.
“While we’re proud of our 80-year anniversary and celebrating the history, we’re also focused on the future of this Co-op on behalf of our members,” President and CEO Jeff Wadsworth commented, “As our industry evolves and the expectation from our members change, we’re diving into innovative projects and progressive business practices to meet those challenges.”
Wadsworth expanded on the Co-op’s innovation in his report to the membership where he touched on their renewable energy projects, electric vehicles, and proactive member communications. PVREA Board Chair Steve Anderson presented the Co-op’s recent trip to Guatemala through the philanthropic organization National Rural Electric Cooperative Association International who works to improve the quality of life for rural communities in developing economies by providing access to reliable and affordable electricity.
Members also received reports from the Colorado Rural Electric Association, PVREA’s trade association, and Tri-State Generation and Transmission, PVREA’s wholesale power supplier. The membership also enjoyed various community booths, bucket truck rides, electrical safety demonstrations, breakfast and entertainment.
The Cooperative’s 2018 Annual Report can be found online at www.pvrea.coop.
*This article was updated on 4/15/2019 to report a more accurate figure of 1,800 in attendance at the Annual Meeting.