2017 Annual Meeting to be Held June 24th in Ashton, Idaho
Fall River Electric’s 2017 annual meeting will be held at North Fremont High School in Ashton on Saturday, June 24, 2017!
A FREE breakfast will be served from 8am to 10am featuring eggs, pancakes, sausage, bacon, hash browns, and assorted beverages.
Over a dozen exhibitors will be on-hand at our Health and Energy expo. Bring the kids too! Free bounce houses and rides on the Fall River Propane train.
The annual business meeting will start at 10am where you’ll hear from CEO/General Manager Bryan Case and each of the candidates running for three Board of Director positions. The annual audit report will be presented and the final results of the board election will be announced.
The business meeting will wrap up with thousands of dollars in FREE prizes to be given away to members in attendance.
*Free gifts are given one per membership NOT one per person.
2016 Annual Meeting in Teton Valley Drew Nearly 1,000 Members and Families
A crisp, partly cloudy early summer morning greeted owner-members and their families on June 11, 2016 at Teton High School in Driggs. A free breakfast of pancakes, bacon, sausage, eggs, hash browns, and a favorite beverage was served to members both young and young-at-heart.
Booth exhibitors were on-hand offering free information on health, wellness, energy conservation, and more. Kids enjoyed the play area along with rides on the Fall River Propane “train”.
At the annual business meeting, board President Jay Hanson provided an update on consolidation plans with Lower Valley Energy and CEO/General Manager Bryan Case reported on a number of key statistics from the year prior including:
- The pay-out of over $1.2M in Patronage Capital –
- Reimbursement of $315,541 to members who took on energy conservation measures –
- Long-term debt owed by the Cooperative was reduced by $6M and the equity ratio was increased to 35.4% making for a financially stronger coop –
- Voluntary contributions from members and others provided funds to bury power lines at the Texas Slough thus reducing trumpeter swan mortalities –
- Fall River Propane expanded their services to Star Valley and Alpine WY & Swan Valley, ID –
Members also re-elected three incumbents to the Co-op’s Board of Directors including Debbie Smith, Ron Dye, and Doug Schmier.
The meeting concluded with members winning several thousands of dollars in free prizes including a Nest thermostat to Gisela Kunz of Driggs, a restaurant Tour of America won by Holly Hunt of Victor, a $100 energy bill credit awarded to John Michelbacher of Driggs, and Jim Douglas of Tetonia won the smoker courtesy of Fall River Propane.
Here are the draft minutes from our 2016 annual meeting: DRAFT MINUTES – 2016 ANNUAL MEETING
Fall River Electric Cooperative’s 2013 Meeting Celebrated 75 Years!
More than seventy five years ago, 90% of our rural ancestors were “living in the dark,” cooking on wood stoves, hauling water in buckets from a nearby well, putting perishable food in a stream or an icebox, and fearing the destruction that their gas or kerosene lamps could cause if accidentally knocked over inside their home or barn.
In 1938, a group of rural neighbors in the Ashton, Idaho area got together and formed Fall River Rural Electric Cooperative, Inc. This new nonprofit organization was one where everyone who received power from the Co-op was consider an owner, could vote for members to represent them on a board of directors, had a say in how the business was operated and had access to a locally based, friendly staff who was interested in answering their questions and concerns. Today, more than seventy five years later, those same objectives and benefits of membership continue.