Longtime Yampa Valley Electric Association President and General Manager Larry Covillo will retire in March after more than 32 years with the rural electric co-op that serves much of Northwest Colorado.
Covillo announced his pending retirement during YVEA’s October board meeting, according to a news release. Covillo’s last day will be March 4, 2013. The board will soon begin the process of hiring Covillo’s replacement.
Covillo began working for YVEA in October 1980 as an employee in its engineering department. He was named chief engineer in 1989, and he assumed general manager duties upon the retirement of James Golden in February 1994.
“YVEA is continuing to prepare for the future energy needs of our members,” Covillo said in the news release. “The association has purchased property on the west side of town for a new headquarters facility. The board has agreed to pursue a community solar garden and other renewable energy sources. And the association has committed to a 20-year power extension contract that will help to keep rates somewhat stable for many years to come.”
Covillo is expected to leave Steamboat. He plans to retire somewhere he can play golf year-round, the release states.