2020 Annual Meeting Election Results
(June 26, 2020) AFTON, WY –
Lower Valley Energy’s 2020 Annual Meeting, the cooperative’s first ever virtual Annual Meeting, was held yesterday at the Lower Valley Energy Afton office. District seats 1, 6 and 7 were up for election.
Senator Dan Dockstader was re-elected for the District 1 seat.
Incumbent Scott Anderson of District 6 retained his seat.
Long-time employee and Board of Director Linda Schmidt of District 7 chose not to run for her open seat. Ray Elser ran uncontested for the District 7 Board of Director seat and won.
Lower Valley Energy wishes to thank the candidates who ran for the Board of Director seats. Board elections and representation are a hallmark of the cooperative model.
Reports were presented by Board Chairman Fred Brog, Board Secretary/Treasurer Senator Dan Dockstader, and President/CEO Jim Webb. Lower Valley Energy generated $52.6 million in electric revenues and $10 million in natural gas revenues for a total of $62.6 million in 2019. The cooperative exceeded its target with margins of $4.7 million. As a pillar of the cooperative model, Lower Valley Energy returned $4.2 million in margins back to members.