Poudre Valley Rural Electric Association (PVREA) held its first ever virtual annual meeting today. Nearly 700 members of the electric cooperative tuned in live to hear reports from President and CEO Jeff Wadsworth and Board Chair Steve Anderson.
Three Board of Director positions were up for election in 2020: two in Larimer County and one in Weld county. The membership elected incumbent Steve Anderson and incumbent Thaine Michie to serve a four-year term in Larimer County. Incumbent Pete Hyland was elected to serve a four-year term in Weld County.
Typically, the annual event garners over 1,800 in attendance, but circumstances with the nation’s declared state of emergency due to COVID-19 caused the co-op to move the meeting to virtual only, held on its website at www.pvrea.coop/annualmeeting.
“We certainly wish we were able to do this annual meeting in person like we’ve done for over 80 years, however with the times we find ourselves in that just isn’t possible,” Wadsworth stated in his opening remarks, “We look forward to next year when we’re be able to meet in person.”
This year’s theme of the meeting was “Membership Amplified” where Wadsworth highlighted four different topics relating to members’ membership with the locally owned co-op: low cost, reliable service, responsible energy, and beneficial electrification.
Wadsworth explained how PVREA’s rates stack up compared to other utilities; among cooperatives served by Tri-State G&T, PVREA’s average residential monthly bill is the lowest. He also noted residential members have encountered no rate increases in the past three years, and the cooperative will not impose any rate increases through 2021. Wadsworth shared key points relating to PVREA’s 80 by 30 goal – to provide 80% carbon-free energy by 2030. Members also learned about beneficial electrification and the services the co-op provides for members.
PVREA Board Chair Steve Anderson presented on the Co-op’s Grassroots Network program, which is a program dedicated to engaging members with elected officials on matters important to the electric utility industry and co-op members. Chair Anderson encouraged members to participate by signing up online or by text.
Members who cast a ballot in this year’s election were entered to win the Home Care Grand Prize Package of outdoor power equipment and smart home gadgets, and those who tuned in to the meeting online were given the opportunity to enter their name for door prizes. In addition, high school seniors whose parents or guardians are members of PVREA were also able to enter the $1,000 Luck of the Draw Scholarship drawing by watching the Annual Meeting online. Winners will be announced on PVREA’s website the following week.
The Cooperative’s 2019 Annual Report can be found online and members can still watch the meeting at www.pvrea.coop/annualmeeting.