Board meetings, strategic plans, and buyer signals from Jason F Kracht’s organization
Aug 20, 2026·BoardMeeting
Board
Board of Directors of White River Electric Association, Inc. Minutes
The board conducted an annual election of officers, reviewed financial reports including July bills and checks, and discussed safety and outage reports. Key operational items included a match donation for the Rio Blanco County Fair Indoor Exhibitors, an authorization for uncollectable account write-offs, and approval for insurance coverage for 2027. The board reviewed junior livestock purchase recaps and authorized the procurement of a new substation transformer and replacement meters. Additionally, the board approved a contract for the transfer of transmission facilities to Tri-State Generation and Transmission Association, Inc., and reviewed management reports regarding cyber training and power purchase costs.
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Board of Directors of White River Electric Association, Inc. Work Session
The board reviewed financial reports, safety statistics, and outage data. Discussions included a request for a waiver of the Net Metering Policy, which was ultimately denied. The board authorized a donation to the CARE 527 PAC, appointed delegates for an upcoming regional meeting, and discussed planning for a cybersecurity exercise. Management provided updates on various projects, including transmission reconstruction, insurance claims, and grant applications with the Town of Meeker, as well as an update on the upcoming annual meeting. An executive session was held to address confidential and legal matters.
Jul 16, 2026·BoardMeeting
Board
Board Of Directors Of White River Electric Association, Inc. Special Meeting
The board meeting primarily focused on the General Manager's annual performance review. The General Manager provided an opening statement discussing the organization's financial standing, relationships with lawmakers, and operational challenges such as wildfire recovery and industry regulation changes. The board conducted an executive session to appraise the General Manager's performance, specifically acknowledging leadership during the Elk and Lee fires, disaster recovery efforts, and financial management. Discussion also included personnel conflict resolution, succession planning, and future compensation strategies. The board concluded by awarding a performance bonus to the General Manager.
Jun 25, 2026·BoardMeeting
Board
Board Of Directors Of White River Electric Association, Inc. Regular Meeting
The board meeting covered several operational and administrative topics. Discussions included financial reports, safety and outage metrics, the development plan for the 512 O&M project, and the appointment of election officials. The board approved funding for private property reclamation, an employee leasing agreement, and travel certifications. Management provided updates on artificial intelligence initiatives, the status of ongoing transmission projects, insurance claims, and solar array maintenance. Additionally, the board held an executive session to discuss confidential legal and financial matters and received reports regarding activities from associated industry organizations.
Extracted from official board minutes, strategic plans, and video transcripts.
