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Date Title Location Agenda Minutes
02/27/2024 February 27, 2024 Board Meeting 2211 elk river road
Steamboat Springs, CO 80487-4956
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01/23/2024 January 23, 2024 Board Agenda and Minutes 2211 elk river road
Steamboat Springs, CO 80487-4956
Agenda Minutes
12/19/2023 December Meeting Minutes 2211 elk river road
Steamboat Springs, CO 80487-4956
Agenda is not available Minutes
12/08/2023 December 8, 2023 Special Meeting Minutes 2211 elk river road
Steamboat Springs, CO 80487-4956
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11/28/2023 November Meeting Minutes 2211 elk river road
Steamboat Springs, CO 80487
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10/24/2023 October Meeting Minutes Agenda is not available Minutes
09/26/2023 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/22/2023 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/11/2023 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/25/2023 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/18/2023 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/07/2023 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/27/2023 June Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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05/23/2023 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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04/25/2023 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/28/2023 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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02/28/2023 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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01/24/2023 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/20/2022 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/22/2022 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/26/2022 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/25/2022 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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09/27/2022 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/23/2022 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/26/2022 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/28/2022 June Meeting Minutes 3715 Highway 40
Craig, CO 81625
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06/28/2022 2022 Annual Meeting Minutes YVEA Craig office
Craig, CO 81625
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05/24/2022 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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05/20/2022 May Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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04/26/2022 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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03/22/2022 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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02/22/2022 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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01/25/2022 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/21/2021 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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11/30/2021 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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10/27/2021 October Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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10/26/2021 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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09/28/2021 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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09/22/2021 September Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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08/24/2021 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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07/28/2021 July Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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07/27/2021 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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06/22/2021 June Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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06/22/2021 2021 Annual Meeting Minutes Steamboat Springs office
Steamboat Springs, CO 80487
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05/25/2021 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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04/27/2021 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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03/23/2021 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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02/23/2021 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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01/26/2021 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/22/2020 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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11/24/2020 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80487
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10/27/2020 October Meeting Minutes 255 W. Osborne St.
Baggs, WY 82321
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09/22/2020 September Meeting Minutes 255 W. Osborne St.
Baggs, WY 82321
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09/22/2020 2020 Annual Meeting Minutes Valley Community Center
Baggs, WY 82001
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08/26/2020 August Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/25/2020 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/28/2020 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/23/2020 June Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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05/26/2020 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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04/28/2020 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/24/2020 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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02/25/2020 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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01/28/2020 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/12/2019 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/26/2019 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/22/2019 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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09/24/2019 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/27/2019 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/31/2019 July Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/30/2019 July Special Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/23/2019 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/25/2019 June Meeting Minutes Steamboat Springs High School 45 Maple Street
Steamboat Springs, CO 80523
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06/25/2019 2019 Annual Meeting Minutes (Approved) Steamboat Springs High School
Steamboat Springs, CO 81625
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05/28/2019 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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04/23/2019 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/26/2019 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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02/26/2019 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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01/22/2019 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/18/2018 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/27/2018 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/02/2018 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/01/2018 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/31/2018 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/17/2018 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/03/2018 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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09/25/2018 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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09/19/2018 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/28/2018 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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07/24/2018 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/22/2018 June Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/20/2018 June Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/20/2018 2018 Annual Meeting Minutes Craig Clarion Inn
Craig, CO 80523
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05/16/2018 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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04/18/2018 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/21/2018 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/20/2018 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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02/21/2018 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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01/17/2018 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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12/19/2017 December Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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11/28/2017 November Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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10/24/2017 October Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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09/26/2017 September Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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08/22/2017 August Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
Agenda is not available Minutes
07/25/2017 July Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
Agenda is not available Minutes
06/22/2017 2017 Annual Meetings Minutes Steamboat Springs campus
Steamboat Springs, CO 80523
Agenda is not available Minutes
05/18/2017 May Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
Agenda is not available Minutes
04/18/2017 April Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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03/28/2017 March Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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02/21/2017 February Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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01/24/2017 January Meeting Minutes 2211 Elk River Road
Steamboat Springs, CO 80523
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06/23/2016 2016 Annual Meetings Minutes Hayden High School Auditorium
Hayden, CO 80523
Agenda is not available Minutes
When can I expect the next rate change?

The YVEA Board of Directors considers necessary rate changes each year. We anticipate another rate change in mid-2025 to match the proposed rate increase from our wholesale electricity provider, Xcel Energy. Xcel Energy has indicated to us that we should anticipate rate increases for the foreseeable future. Xcel has large projects coming online in the coming years, like Colorado Pathways, which will increase their costs.

How can I conserve energy to help reduce my monthly bill?

If you visit https://www.yvea.com/energy-efficiency/residential-energy-tips/ we have tips and tricks on how members can help fight energy waste. During our colder months, we see the two biggest energy wasters: electric heat tape and space heaters. Our Energy Hero page offers advice on how best to use these two products while also helping to lower your winter bill.

What is YVEA doing about increased rate hikes from Xcel Energy?

We cannot control the costs Xcel passes on to us, their business decisions, or any other factors that come from power supplier rate increases. The vulnerability this creates for our membership motivated us to request proposals for new power suppliers and sign a fifteen year contract with Guzman Energy.

Is YVEA doing anything to reduce its expenses to help alleviate the financial impacts on our members with these rate increases?

In 2023, YVEA began to search for a new power supplier, with the goal of bringing rate stability to our members while still providing safe and reliable power to your home and business. Our decision to transition to Guzman Energy to provide wholesale power was guided by the “Four Rs” – Rates, Reliability, Renewables and Relationships. We have listened to you, our members, and this agreement will ensure that we deliver reliable and affordable electricity that incorporates more renewable sources and helps us stabilize rates. While this is exciting news, there will be a lengthy transition period of approximately five years before we officially convert from our current wholesale provider Xcel Energy. We did not make this decision lightly. We invested thousands of hours evaluating and modeling this transition and concluded that this is the right decision to serve YVEA members and create a reliable energy future.

What does the System Access Cost cover?

The System Access Cost is a fixed monthly charge that recovers some of the fixed costs that come directly from serving an individual member, regardless of how much electricity is used. These costs include the cost of the meter, wire, and other equipment used to deliver electricity to the home or business, as well as billing expenses, such as meter reading, bill preparation, and postage. Even if you do not use any power from us, there is still a cost to operating and maintaining the grid that serves you. The system access cost covers these costs.

What does YVEA do with its profits?

As a not-for-profit co-op, we give our profits back to our members, which happens in the form of Capital Credits.  Our profit margins are not going towards bonuses or dividends to shareholders – it goes back to our members, the ratepayers.

Why is YVEA raising rates?

In 2023, YVEA performed a Cost of Service Study (COSS), which showed us whether each customer class (residential, commercial, and industrial, for example) are adequately covering the costs of service, fuel, labor, equipment, etc. to serve those members. Based on the study and the 2024 rates from our power suppliers, we are raising rates to distribute costs equitably to our members. Several factors went into this decision. Here are the main drivers for the rate increase:

  • Power Supply Costs:  Xcel Energy has been raising their wholesale energy rates and transmission costs, and according to our COSS study, we needed to raise our rates in order to help cover energy costs. Wholesale power costs comprise almost two-thirds of all YVEA expenses, so any increase significantly impacts YVEA’s rates.
  • Maintaining and Investing in Our Infrastructure, which includes:
    • Construction Workplan –Every year, we invest millions of dollars back into the system, which improves our system reliability for all members
    • Wildfire Mitigation – As our summers see less precipitation, we need to make sure our system helps aid in the prevention of wildfires. This includes tree trimming projects, installing more electronic reclosures, and upgrading our system so we can switch to Fire Protection Mode as quickly as needed.
    • Investing in a responsive grid – We are continually upgrading our system to decrease outages’ frequency, duration, and response time, and the only way to achieve this is by investing in digital technologies. We are building a smarter grid that will help to provide even greater reliability to our members.
  • The Rising Cost of Doing Business: Just like our members, we are seeing increased costs affecting how we operate, and our dollar is not going as far as it once was. For us to continue to successfully run YVEA and deliver safe, reliable, and affordable power, we need to take these costs into account when budgeting for materials purchased, maintaining our fleet, hiring and retaining skilled staff who can help us maintain and support our infrastructure, and the increased cost of living, to name a few of the factors that make up the rising costs of doing business.
What are the new rates?

*Other rate classes that are changing are Large General Service Demand, Primary Transmission, EV Charging, and Street Lighting have changed, in addition to these rates. Please visit the 2024 Redline Rate Sheets page for more details.

What if I want to only vote by paper ballot?

For 2024, members will be given a choice of how they vote. Every member will receive a paper ballot and a personalized link with instructions for voting online. Members can choose which way they would like to vote. Additionally, there will be a QR code on the paper ballot envelope with an individual access code so members can vote electronically if they missed the email with instructions.

Will this new electronic voting be secure?

Yes! Here are a few ways we work with our third-party vendor, Survey Ballot Systems (SBS), to ensure a safe and secure election:

  • Our forms are SOC 2 compliant (this is a security and compliance standard that offers guidelines for service organizations to protect sensitive data from unauthorized access, security incidents, and other vulnerabilities).
  • Regular vulnerability assessments are performed, including daily malware scans for all web platforms.
  • Highly skilled and certified engineers oversee secure infrastructure management.
  • 24/7 monitoring and rapid response from the third-party vendor, promptly assisting with any possible concerns.
  • SBS has third-party audits performed to ensure accuracy.
  • Industry-leading Symantec TLS encryption and authentication safeguard.
  • Data co-location in redundant data centers guarantees power grid distribution protection.
  • Online elections are hosted in Flexential's data center, ensuring a highly secure private cloud availability.
Why did YVEA decide to add this new way to vote?

There were a few reasons behind why our Board of Directors wanted to move to this new alternative:

  • Accessibility: We realize not all members have the time to mail back a ballot or drop off a ballot. This electronic way allows more people to vote on the Board of Directors without having to leave home.
  • Participation: On average, we have seen a little more than 10% of our membership vote in these elections. We see great importance for all members to have a say in who their elected officials are, and we hope this will increase voter turnout. Electronic voting will protect the cooperative business model's basic principle and empower members with continued local control over their electric coop.
What is YVEA’s new way of voting?

YVEA will now offer three ways to vote:

  • Mail paper ballots back to our third-party vendor
  • Submit their ballot electronically to our third-party vendor
  • Drop off paper ballots once registration opens at 3:00 pm on the day of the Annual Meeting
How Big Can I Build My Solar System?
  • The system size limits are set by the type of service the member now has or would qualify for with new construction.
  • Generators cannot exceed a nameplate of 10 KW for small general services and 25 KW for medium and large general services.
What Happens to My Solar System During a YVEA Power Outage?
  • During an outage, YVEA requires that member-owned solar systems shut down.
  • This is because they could pose a significant safety hazard to line crews troubleshooting outages and restoring power.
  • If the solar system is attached to a battery and has a YAMP-approved transfer switch, the battery may continue to provide power during an outage.
What Is Involved in the YVEA Final Inspection Process?
  • Once the installation is complete, the installer will contact YVEA and let us know that the system is ready for inspection. A member-signed (electronic or manual signature) Certificate of Completion will be sent to YVEA for signature.
  • The YVEA Approving Authority will coordinate a time and date to test the system to verify outage monitoring capability, the AC disconnect location and operation, the power production of the system, adequate signage, and any voltage rise on the system.
  • The net meter will be installed which will measure excess power production as well as consumption. A copy of the completed Certificate of Completion will be provided to the member or installer.
November Tip of the Month – LED Holiday Lights

Trim your holiday energy costs by choosing energy-efficient LED lights this holiday season

LED Holiday Lights

  • Are more energy efficient. They consume 75% less energy than incandescent bulbs.
  • Last longer. LEDs last approximately 50,000 hours. Compared to 1,000 hours for standard bulbs.
  • Are safer. LED lights remain cool to the touch even when on for hours. In contrast, traditional holiday lights become hot to the touch after they’ve been lit for several hours. This may lead to a risk of house fires.
  • Remember to limit the number of connected strings to the manufacturer’s recommendations and do not overload your outlets.
  • Never install lights with broken bulbs.
  • Use the right ladder for the job.
  • Make sure the bulbs you use are UL-listed. Outdoor bulbs must be rated for external use.
  • Use the correct extension cords.
December Tip of the Month – Time to Plug in Your Heat Tape
  • Many members in our cold climate use heat tape to prevent ice from forming on roofs and gutters and to prevent pipes from freezing. Yet, most members do not realize how these increase their electric bills
  • In our cold climate, heat tape is one of the top five high-energy users. Heat tape consumes energy based on its wattage and length. 100’ of heat tape can use up to 30 kWh per day, which equals 900 kWh per month and can add up to $100 to your monthly electric bill.
  • Wait until the first snow to energize the heat tape, and mark your calendar to turn off your heat tape at the end of the winter season. To reduce the energy usage of heat tape, do not run it continuously. YVEA recommends installing timers on all heat tape circuits. Operate them from 6 am to 5 pm. This may seem counter-intuitive, but the best time to run heat tape is during the day.
January Tip of the Month – Be Energy Smart!

Be Energy Smart!

Space Heater kWh Usage

  • A portable space heater can use as much as 36 kWh per day.
  • That equals 1,080 kWh per month.
  • Remember to unplug when not in use.

Heat Tape kWh Usage

  • Just 100 feet of heat tape can use as much as 30 kWh per day.
  • That equals 900 kWh per month.
  • YVEA recommends setting hourly timers to run from daylight hours 6 a.m. to 5 p.m. to be most effective.

Electric Baseboard Heater kWh Usage

  • (1) 6-foot electric baseboard heater can use as much as 36 kWh per day.
  • That equals 1,080 kWh per month.
February Tip of the Month – Smart Thermostats

Smart Thermostats Are Now Available for Line Voltage Electric Heating

Check out the Mysa smart thermostat to see how much you can save.

A smart thermostat is a Wi-Fi-enabled device that automatically adjusts heating and cooling temperature settings in your home for optimal performance and savings.

  • Turn electric baseboard thermostats off or down when you leave home.
  • When you are home, keep your thermostat set as low as possible. Use a sweater or blanket to help you stay warm.
  • Closer curtains and blinds after the sun sets.
  • Set up vacation mode to lower your home's internal temperature when you are away for extended periods.
  • Do not heat rooms you are not actively using. Close the door and turn the thermostat off.

Visit the Rebates Webpage for more about smart thermostats and Energy Hero rebates on the programmable thermostats

March Tip of the Month – Electric Resistive Heating

Space heating uses more energy and costs more money than any other system in your home, typically making up about 45 to 55% of your utility bill.

Follow these tips to help you manage the amount of kilowatt hours your electric resistive heaters use.

  • Use programmable thermostats.
  • Limit the use of space heaters and turn them off when you are not home.
  • Make sure you seal all air leaks and your home is well insulated.
  • Install window film, honeycomb blinds, or drapes on all windows.
April Tip of the Month – The Laundry Room

Your washer and dryer account for approximately 13% of your utility bill.

Washers: 90% of the energy used during washing is for heating the water

  • Set your water heater temperature to 120 degrees
  • Use cold or warm water instead of hot for washing
  • Use cold water on all rinse cycles
  • Use high-efficiency detergents
  • Use the fastest spin cycle
  • Avoid the sanitary cycle

Dryers: Account for approximately 6% of residential electricity use

  • Clean the lint filter after every load
  • Regularly clean the dryer duct
  • Dry like items together
  • Use the “auto” not “timed” drying cycles
  • Select a model with a moisture sensor
May Tip of the Month – Home Energy Savings

It’s a great time to be smart about how your devices use energy. Being energy aware with your devices means decreasing their standby power loss (also called phantom load) when you are not using them. Here are some tips on how to do that:

  1. Unplug your devices: If you do not use an appliance or device often unplug them until the next time you need to use it.
  2. Use Power Strips: This allows you to control the power usage of multiple devices with the flip of one switch. Also, check out
  3. Advanced Power Strips. They make it easy by turning off idle electronics for you.
  4. Turn your device off: Turn off your device rather than leaving it in idle or sleep mode.
  5. Make Smart Upgrades: Consider purchasing Energy Star appliances. They have a lower standby consumption than your average device and use less energy year-round.
June Tip of the Month-Electric Water Heater kWh Usage
  • An electric water heater uses approximately 14 kWh hours per day.
  • That equals 405 kWh per month.
  • This equates to approximately $45 on your monthly electric bill.

Save energy and money by lowering your water heater thermostats to 120 degrees Fahrenheit. This will also slow mineral buildup and corrosion in your water heater and pipes.

Consider insulating your water heater tank, which could reduce standby heat losses by 25 to 45 percent and save you about 4 to 9 percent in water heating costs. You can find pre-cut jackets or blankets available for around $20.

Source: Energy Gov. website

Electric Water Heater Graphic

July Tip of the Month-Summer Energy Savings

Summer Energy Savings

While our YVEA service territory is known as an outdoor paradise with moderate temperatures and lots of sunshine, summers can get warm during the day. Stay cool and comfortable this summer with these no-cost and low-cost energy efficiency tips.

  • Close blinds and drapes during the day to keep heat out.
  • If you have air conditioning, set your thermostat to 78 degrees when you are home. Set it to a higher temperature when you are away.
  • Turn off lights, ceiling fans, and any portable fans when you leave a room.
  • Plant trees and shrubs to shade the exterior of your home.
  • Use solar lighting to brighten up your outdoor space. It’s low maintenance and uses the sun to generate electricity.
August Tip of the Month – Building Envelope

Why should I care about my home’s Building Envelope?

Understanding your home’s Building Envelope is critical to controlling your energy costs.

It is the physical barrier that separates the unconditioned space from the conditioned space of your home. This barrier needs to be resistant to hot and cold air, moisture, light, and noise.

A properly defined and insulated Building Envelope is critical for your comfort and your home's energy efficiency.

building envelope In today’s home building, we strive to “build it tight and ventilate it right”. This method helps prevent your home’s heating and cooling systems from fighting the exterior temperature. It also reduces the “drafty” feeling in your home and lowers the chance of mold or mildew growth. A “tight” Building Envelope, with a well-designed ventilation system uses less energy and gives better control over your home’s temperature, air quality, and humidity levels.

YVEA’s Energy Hero Program has a series of DIY resources on our website to help you identify and define your home’s unique Building Envelope. You can also call Mike Beyer at 970-879-1160 for more information.

The area inside the red dotted line represents the space that is conditioned. A well-insulated home should be air-sealed and have insulation around the exterior of all conditioned spaces.

September Tip of the Month – YVEA offers rebates on Residential and Commercial Energy Assessments
  • YVEA offers Energy Assessment Rebates for residential and commercial Energy Assessments. A limited number of Energy Assessment Rebates are available for all members in the YVEA service territory.
  • Fill out the Energy Assessment Rebate Form to receive a $250 bill credit and up to 10 free LED bulbs
  • All Energy Assessment rebates must be performed by a certified professional. Members must provide the assessment report.
October Tip of the Month -Smart Thermostats

Smart Thermostats Are Now Available for Line Voltage Electric Heating

Check out the MYSA smart thermostat to see how much you can save.

A smart thermostat is a Wi-Fi enabled device that automatically adjusts heating and cooling temperature settings in your home for optimal performance and savings.

  1. Set your schedule: Smart thermostats aim to learn your schedule, but you can help it out by setting your schedule via its interface or web app. Over the next week or so, you and your new thermostat will work together to create the right program for your home.
  2. Start Saving: The Department of Energy estimates savings of about 1 percent for each degree of thermostat adjustment per 8 hours and recommends turning thermostats back 7 to 10 degrees from their normal settings for 8 hours per day to achieve annual savings of up to 10%.
  3. Go low: Smart thermostats steer you towards energy efficient temperatures, but you can save even more money by finding ways to keep yourself warm while the house stays cooler. Bundle up and enjoy the savings!
  4. Adjust your temperature: When you’re not following your typical weekly schedule, remember to adjust your temperature accordingly via the companion app.
  5. Use the companion app and web portal: The app is an extension of your thermostat! Use it to lower the temp when you step out for a few hours of errands or coming home later than your usual schedule.
  6. Set up vacations: Use the vacation feature on smart thermostats to easily lower the heat while you’re away. (Be careful – if frozen pipes are a risk in your area, keep your “away” temperature around 55 degrees).
  7. Analyze your energy use: Look at the monthly reports to see how you did. Try to beat your previous month – and other users in your area!
How do I sign up for paperless billing?

In SmartHub, under the My Profile tab, go to My Information. on the left-hand side of the screen, navigate to "Update My Printed Bill Settings".

On the right-hand side, you can toggle your Printed Bill Status to "off".

What are the new rates?

The rate classes that will be impacted are Small General Service, Medium General Service, Large General Service, Outdoor Lighting, and Irrigation. Please see the charts below for more details:

Small General Service
Medium General Service
Large General Service
Irrigation
Outdoor Area Lighting

Why is YVEA raising rates?

In 2022, YVEA performed a Cost of Service Study (COSS), which showed us whether each customer class (residential, commercial, and industrial, for example) is adequately covering the costs of service, fuel, labor, equipment, etc. to serve those members. Based on the study and the 2023 rates from our power suppliers, we are raising rates to distribute costs equitably to our members. Several factors went into this decision. Here are the main drivers for the rate increase:

  • Power Supply Costs: Xcel Energy is raising our wholesale power supply rate by 14% for 2023. Wholesale power costs comprise almost two-thirds of all YVEA expenses, so this increase significantly impacts YVEA’s rates.
  • Maintaining and Investing in Our Infrastructure, which includes:
    1. Construction Workplan –Every year, we invest millions of dollars back into the system, which improves our system reliability for all members
    2. Wildfire Mitigation – As our summers see less precipitation, we need to make sure our system helps aid in the prevention of wildfires. This includes tree trimming projects, installing more electronic reclosures, and upgrading our system so we can switch to Fire Protection Mode as quickly as needed.
    3. Investing in a responsive grid – We are continually upgrading our system to decrease outages’ frequency, duration, and response time, and the only way to achieve this is by investing in digital technologies. We are building a smarter grid that will help to provide even greater reliability to our members.
  • The Rising Cost of Doing Business: Just like our members, we are seeing increased costs affecting how we operate, and our dollar is not going as far as it once was. For us to continue to successfully run YVEA and deliver safe, reliable, and affordable power, we need to take these costs into account when budgeting for materials purchased, maintaining our fleet, hiring and retaining skilled staff who can help us maintain and support our infrastructure, and the increased cost of living, to name a few of the factors that make up the rising costs of doing business.
What does YVEA do with its profits?

As a not-for-profit co-op, we give our profits back to our members, which happens in the form of Capital Credits. So our profit margins are not going towards bonuses or dividends to shareholders – it goes back to our members, the ratepayers.

What does the System Access Cost Cover?

The System Access Cost is a fixed monthly charge that recovers some of the fixed costs that come directly from serving an individual member, regardless of how much electricity is used. These costs include the cost of the meter, wire, and other equipment used to deliver electricity to the home or business, as well as billing expenses, such as meter reading, bill preparation, and postage. Even if you do not use any power from us, there is still a cost to operating and maintaining the grid that serves you. The system access cost covers these costs.

Is YVEA doing anything to reduce its expenses to help alleviate the financial impacts on our members with these rate increases?

When we received word of this larger-than-previously-described increase from Xcel, YVEA was creating our budgets for 2023. All departments and team members were asked to cut their proposed budgets by 15% to help lessen the impact of these rate increases from our power suppliers.

Top of mind while we were making these cuts was how YVEA would maintain our commitment to providing our members with safe, reliable, and affordable power. We were confident we were able to trim budgets to the point where we could achieve this promise to our members. Further, these budget cuts enabled us to lessen the impact of the passthrough costs of Xcel’s rate hike on our members. While Xcel raised our rates by 14%, thanks to the reduction of our proposed 2023 budgets, we have not needed to raise our rates to match that 14%.

What is YVEA doing about increased rate hikes from Xcel Energy?

We cannot control the costs Xcel passes on to us, their business decisions, or any other factors that come from power supplier rate increases. The vulnerability this creates for our membership motivated us to request proposals for new power suppliers. We are seeking long-term contracts that will provide stability for our evolving cooperative. What we are hoping to gain from this RFP is the chance to either work with our existing power supplier or a new one, to better serve our communities by providing safe, reliable, and affordable energy.

When can I expect the next rate change?

The YVEA Board of Directors considers necessary rate changes each year. We anticipate another rate change in mid-2024 to match the proposed rate increase from our wholesale electricity provider, Xcel Energy.

Did the PCA just start in April 2022?

No. Previously, PCAs did not happen every month. What YVEA would do is hold onto the costs for a few months, and pass collective PCA on to members every few months. We have seen such an increase in the volatility in the commodities market that we saw the need to make this a monthly line item on members' bills.

What causes a PCA?

Several factors can necessitate a power cost adjustment. Here are three of the main factors:

  1. Commodity costs
    • Natural gas is used not only to heat homes directly but also to fuel power plants. When Xcel pays more for these commodity prices, they pass these increased costs on to us. As a not-for-profit company, these increased costs are passed on to our members through a PCA. And we aren't just seeing this with natural gas - any fuel source, whether oil, coal, or natural gas, has risen in commodity price due to more considerable consumer demand.
  2. Weather
    • When we see extreme weather patterns, the demand for fuel increases. As demand increases, the commodity cost will follow.
  3. Other causes
    • We saw that weather wasn't the only cause of rising power costs. Over the past three years, we saw the war in Ukraine, the pandemic, government regulation, and many other factors affect natural gas and fuel prices. We have seen record highs in natural gas prices over the past few years, and we expect to see this trend continue.
Why is this appearing on every monthly bill?

When we pay our wholesale power bill, these cost adjustments are on those bills. Previously, we had accrued these costs throughout the year and applied the costs or credits to member bills periodically. To provide more stability in your monthly costs, we have decided to leave the PCA as a monthly line item on your bill.

How is the monthly PCA calculated?

The PCA calculation is based on the PCA rate $X.XX * kWh usage = $XX.XX.

This will fluctuate from month to month, therefore, the amount of the PCA on your bill will change from month to month.

What is YVEA doing to try and monitor these costs, to keep members informed about potential rate spikes?

In partnership with our power supplier, we monitor storms which could impact fuel costs, similar to the 2021 storm in Texas which led to the February Xcel Power Cost Adjustment. Xcel sends us updates on the cost of natural gas.

When we receive these notices, we do our best to notify our members through email, social media, and on our website. If you are not signed up to receive emails from us, please reach out to Member Services for assistance.

Why am I paying a PCA and a kilowatt rate?

A portion of YVEA’s cost of power is already included in the energy charge or kilowatt hour (kWh) charge. When the cost of power is greater than the amount included in the energy charge, the Power Cost Adjustment reflects that increase. When the cost of power purchased is less, the Power Cost Adjustment appears as a credit on electric bills. If we do not receive a Power Cost adjustment from Xcel, the line item will stay on a member’s bill but will show it as $0. The PCA reflects the true fluctuations in the power we purchase from Xcel.

Why does YVEA have to pay a PCA from Xcel?

YVEA brings energy to your home but does not generate our own power. Instead, YVEA purchases power at wholesale cost and delivers it safely to members’ homes and businesses. The PCA is a separate line item on each bill that reflects the increases and decreases in the power we purchase from Xcel.

How can I conserve energy?

If you visit the Residential Energy Tips webpage we have tips and tricks on ways members can help fight energy waste. During our colder months, the two biggest energy users are electric heat tape and space heaters. Our Energy Hero page offers advice on how best to use these two products while also helping to lower your winter bill. Please remember while one day of conservation may help lower bills, making changes that impact your daily use is the true way to help keep utility costs down.

I am on a fixed income, or already have difficulties paying my bill, and I am concerned about this extra cost. How can I make this work with my budget?

There are several options. Your best one is to call our Member Services team at (970) 879-1160. They can work with you on paying your bill. They can advise you on our Budget Billing process, or help you get in contact with local programs and agencies that offer assistance to members when it comes to paying their bills. The bottom line is – don’t wait to ask for help. We want to help our members, so please call us

What are Capital Credits?

At the end of each year, after all of the cooperative’s bills have been paid and all expenses considered, the amount of money that is left over is called a margin. Margins provide equity for the cooperative and are allocated to the members in proportion to their purchases of electricity during the year. Member credits, otherwise known as capital credits, are your share of the margin. Member credits are allocated annually to each member and are retired in accordance with the cooperative’s bylaws.

If you have questions regarding your member credits, please call (888) 873-9832 our Member Services Department, or to find out more about member credits or YVEA, visit our Contact Us page.

What happens to my credits if I move?

You will still receive your member credit checks from previous years of membership with YVEA. When you close your account with us, we ask for your forwarding address so we can mail your member credit retirement checks to your new address.

Why can’t you simply use this money to reduce your rates?

Our co-op uses these funds as working capital to maintain the existing distribution system and to build new infrastructure without having to borrow any money to do so. This is why we allocate funds, and in later years pay out the member credit funds back to you. It's part of your economic participation in the co-op.

What does it mean to “allocate” capital credits?

Every spring, after the previous year's accounting is finalized, any funds remaining after all expenses are paid (margins) are allocated to members who purchased power in the previous year. These funds are called patronage capital and are later paid out as member credits. Members are typically notified of their allocation on their bills in the spring.

What does it mean to “retire” member credits?

Every year the co-op takes a hard look at our financial situation and determines how much the cooperative can retire, or pay out, in member credits. The credits members receive either by check or bill credit, typically in December, are tangible evidence of each member's investment into the cooperative.

How did you determine the amount of my capital credits retirement?

Every spring, after the previous year's accounting is finalized, any funds remaining after all expenses are paid (margins) are allocated to members who purchased power in the previous year. These funds are called patronage capital, and are based on the prior year's electric use - the more electricity you use, the larger your allocation. Your allocations build up over the years and are later paid out as member credits.

What happens to an account with joint membership upon the death of a family member?

Upon the death of either spouse in a joint membership, the name of the deceased person is removed and the membership is then held solely by the surviving spouse. A joint membership is not eligible for an early discounted estate retirement upon the death of one of its members. The Association does not pay allocated capital credits out of the normal rotation other than to estates of deceased individuals, and we do not pay interest on capital credits allocated and not yet retired. To attain a copy of the Deceased Capital Credit Member Form (PDF).

What is an Affidavit of Transfer?

An individual member or both joint members may assign the undistributed capital credits account in writing only to successors in occupancy of all or part of your premises served by YVEA. Use the Affidavit of Transfer (PDF) form to assign the credits. For more information see the Notice (PDF) pertaining to capital credit equity accounts.

Members! Do You Have Unclaimed Capital Credits?

Listed below are the names of those members who have patronage capital refund checks that have either been returned by the postal service as undeliverable or have remained uncashed for more than 3 years. These monies must be claimed within 30 days after this notice. You may claim your funds by calling Yampa Valley Electric Association (970) 879-1160 toll-free (888) 873-9832, or by email. You will be asked to identify yourself, provide your current mailing address and telephone number, and verify the years and/or location of your service with YVEA.

We strongly encourage you to contact us and update your information so that future funds may be distributed.

Unclaimed Capital Credits

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