About CVE

CVE Vision Statement

Central Valley Electric is a member-focused electric cooperative dedicated to personalized quality service for its members and the economic vitality of our community.

Co-op History

Central Valley Electric was incorporated June 23, 1937 and energized its first lines in October 1938. CVE received its first loan from the Rural Electrification Administration (REA) for $90,000.

Central Valley Electric is "Member Owned" and its sole function is to provide reliable power at the lowest possible cost coupled with the best in customer service.

Our members are represented by a seven-member board of trustees who are elected to serve three year terms. Just as in the past, the future will hold many challenges for the board, management and employees. It is CVE's goal to meet those challenges and to keep members needs as our number one priority.

Service Areas

CVE's service area primarily covers the rural areas of Eddy, Chaves and parts of Lea and Otero counties. Service begins 35 miles north of Roswell and extends south of Artesia to Brantley Lake and then southwest to just north of Carlsbad Caverns.

To the west the co-op's service area covers Eddy and Chaves counties and a small portion of southeastern Otero county. To the east the service area covers Eddy and Chaves counties and extends into a small segment of west-central Lea county.

The very northern and western parts of Artesia and all of the small communities of Hope, Lakewood and Loco Hills are served by the cooperative.

Central Valley Electric Cooperative does not provide electric service service inside the the corporate areas of Roswell, Dexter, Hagerman or Lake Arthur.

Cooperative Principles

Open and Voluntary Membership

Membership in a cooperative is open to all people who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender, or economic circumstances.

Democratic Member Control

Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Representatives (directors/trustees) are elected among the membership and are accountable to them. In primary cooperatives, members have equal voting rights (one member, one vote); cooperatives at other levels are organized in a democratic manner.

Members’ Economic Participation

Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for any or all of the following purposes: developing the cooperative; setting up reserves; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.

Autonomy and Independence

Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control as well as their unique identity.

Education, Training, and Information

Education and training for members, elected representatives (directors/trustees), CEOs, and employees help them effectively contribute to the development of their cooperatives. Communications about the nature and benefits of cooperatives, particularly with the general public and opinion leaders, help boost cooperative understanding.

Cooperation Among Cooperatives

By working together through local, national, regional and international structures, cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.

Concern for Community

Cooperatives work for the sustainable development of their communities through policies supported by the membership.

YEARS IN BUSINESS

4137

MILES OF LINE

15225

METERS SERVED

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CVE Vision Statement