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Mountain News: Bad real estate loans lead to bank closure



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"With transportation and consolidation prominent issues in the Wood River Valley," says The Express , Hickenlooper's advice could likely find an audience."

Challengers want to change co-op

STEAMBOAT SPRINGS, Colo. - Two incumbents on the board of Yampa Valley Electric Association have challengers. The challengers are running in tandem, arguing that the co-operative is not as aggressive in promoting renewables and energy efficiency as it can and should be.

"I can see a day when... we could power our town ourselves," said Susan Holland, one of the challengers. She tells the Steamboat Pilot & Today that electricity can be generated locally by installing small hydroelectric plants on local streams, harvesting the methane gas at the county landfill, and burning beetle-killed trees to produce electricity.

Scott McGill, an incumbent, tells the newspaper that the challengers are naïve to think that the co-operative can substantially reduce its reliance upon coal-burning power plants.

Larry Covillo, the co-op's general manager, says that 90 per cent of Yampa Valley Electric customers do not support paying higher rates to support a rebate program for either energy efficiency or renewable energy programs.

The co-op does provide free energy audits and compact fluorescent light bulbs. But McGill said that it's not fair for some customers to subsidize other customers.