Not-for-Profit Co-op Delivers $2 Million to Local Community

• Poudre Valley REA returns $2 million in previous profits to current and former members
• Electricity consumer who purchased energy from PVREA in select years received member credits by check or bill credit

(October 14, 2025 – Fort Collins, CO) – Poudre Valley REA (PVREA) has retired $2 million in previous profits, returning funds to current and former members as part of its not-for-profit business model.

Individual members who received service from PVREA in 1994, 1995, 2006, and 2024, or any combination of those years, were issued their member credit(s) by check or bill credit in September.

“Returning previous profits sets us apart from other utilities in every sector,” said PVREA President and CEO, Jeff Wadsworth. “When paired with our consistently low rates, this payback highlights the remarkable value we provide to our members.”

As a not-for-profit electric cooperative, PVREA operates at-cost to serve their members, not to satisfy investors or generate profits. Paying out member credits illustrates the cooperative’s not-for-profit business model in action.

“Our payback also brings tangible benefits to our communities by reinvesting funds into local businesses, school districts, and other organizations focused on serving PVREA’s members,” Wadsworth added.

How Member Credits Work

Members of PVREA invest in their cooperative each time they pay their monthly electric bill. Annually, PVREA calculates margins after all expenses are paid and allocates the remaining funds to each member based on their electric consumption. This allocation represents a member’s ownership stake in the cooperative.

Each year, the PVREA Board of Directors assesses the financial condition of the co-op and determines what amount of members credits are eligible for retirement, or to be paid out.

Current PVREA members received their member credit retirement as a bill credit on their September billing cycle if under $600 or as a check if over $600. Former PVREA members were mailed a check in September if their member credit retirement was more than $50.

Learn more about member credits at: https://pvrea.coop/for-members/residential-services/member-credits/