February 29, 2024

The Value Of Electricity: Beyond The Meter

PVREA News
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Electric cooperatives became a vital part of our country by not only delivering electricity but by empowering communities and fostering a spirit of collaboration. Let’s explore some of the unique advantages you have as a member of your local electric co-op, Poudre Valley REA.

COST-CONSCIOUS POWER

When it comes to electricity, we know cost is a primary concern for most members. At the end of 2023 the average residential electricity rate in Colorado was 14.61 cents per kilowatt-hour (kWh). As we’ve progressed into 2024, we continue to see news of rising electricity costs from most utilities across the state.

We take great pride in the fact our members pay, on average, far less for their electricity than consumers of other electric utilities in Colorado at 11.99 cents per kWh. We anticipate this to remain true in the years ahead despite the inflationary pressures we see around us.

LOCAL FOCUS, GLOBAL IMPACT

Cooperatives are owned and operated by the communities we serve. This fosters a deep understanding of local needs and priorities, leading to targeted investments, programs, and services unique to members’ needs. Easily explore our energy solutions here.

We often work together to make a positive difference at home and abroad. When mother nature disrupts service, lineman jump into action to restore power quickly and safely — whether that’s for their own members or for members of another co-op in need.

Your co-op combines forces with other cooperatives across this nation to electrify communities here as well as across the globe. Doing so continues our tradition of lighting up the dark while enhancing the quality of life for people throughout our nation and the world.

COMMUNITY OWNERSHIP, EMPOWERED FUTURE

Cooperatives give members a voice in their electric utility. This democratic approach fosters a sense of ownership and responsibility, giving you the choice to actively participate in your cooperative as we look to the future. Be on the lookout for your Board of Director election ballot arriving in your mailbox in early March.

One tangible way you can get involved is by attending our annual meeting on April 6 at the Embassy Suites in Loveland. Learn more on our annual meeting page.

Another meaningful way to get involved is to join our Cooperative Voices network to stay informed and take action on legislative issues at the state and federal levels that may impact our cooperative — visit our Cooperative Voices page to get involved.

BEYOND THE WIRES

The impact of your co-op extends far beyond powering homes and businesses. We are deeply embedded in where we serve, supporting local communities, educational programs, and infrastructure improvements.

We also offer energy efficiency rebates, incentives, and information to empower our members to save money and reduce their use. Apply for your next rebate online through our rebates page here.

As we continue to navigate the evolving energy landscape, Poudre Valley REA, as a not-for-profit electric cooperative, is poised to continue to provide great value to the diverse needs of our communities and members for generations to come.

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