YVEA members to meet Saturday

Cooperative to decide whether to deregulate from Wyoming agency

Past Event

Yampa Valley Electric annual meeting

  • Saturday, June 19, 2010, 9 a.m.
  • Hayden High School, 495 W. Jefferson Ave., Hayden, CO
  • Not available

More

Agenda

■ Report of members present and announce quorum for meeting

■ Call to order

■ Invocation

■ Call for Teller Committee

■ Secretary’s report-notice and prior minutes

■ Approval of minutes

■ Treasurer’s report

■ Chairman of the board report

■ President and general manager report

■ Conduct election for director districts 4, 5 and 7

■ Conduct vote on Wyoming deregulation

■ Call for unfinished business

■ Call for new business

■ Adjourn

— Yampa Valley Electric Asso­ciation members will elect a board member and decide whether to deregulate from the Wyoming Public Service Commission on Saturday.

Members of the rural electric cooperative are invited to the meeting, which starts at 10 a.m. at Hayden High School in Hayden. It is expected to last about two hours and includes refreshments before the meeting, prizes and giveaways and lunch afterward.

“The key things will be the president’s report and the chairman of the board, they will talk on … what happened last year and what they see in the future, then there will be some financial conditions of the association stressed,” YVEA spokesman Jim Chappell said.

The meeting will include a board member vote, as well. Incumbent Dean Brosious is running unopposed for District 4, and incumbent Pat McClelland is running unopposed for District 7. Three candidates are vying for the District 5 seat, which includes the Hayden area. Incumbent Sam Haslem is being challenged by Patty Bruchez and Dan Trevithick.

Members also will vote on whether to deregulate from the agency that regulates utilities in Wyoming, where YVEA has some members. Wyoming updated its law several years ago to allow cooperatives to change rates without the Public Service Commission’s permission, Cha­­p­pell said. YVEA already is deregulated from the Colorado Public Utilities Commission, he said.

If members approve the change, when YVEA decides to raise or lower rates, it can advertise them and make the change 30 days later. The change would affect only Wyoming.

“There is some financial advantage, small, but some financial advantage for the co­­op­erative,” Chappell said.

Deregulation would require less travel to Cheyenne and less paperwork, he said. Chappell noted that YVEA’s electricity rates are still the lowest in Colorado among rural electric cooperatives.

He encouraged members to attend Saturday’s meeting and weigh in.

“We would love to see people there,” Chappell said. “It is their electric cooperative.”

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