Jim Elder Announces Candidcay for DMEA Board

Apr 30th @ 8:54 am in News by Scott Staley

Jim Elder

Montrose business owner, Jim Elder, announced his candidacy for the Delta-Montrose Electric Association (DMEA) District 4 DMEA board seat.

“I decided the time to run is now. The key leaders in the community encouraged me to consider filling the vacant seat that will be left by incumbent Mike Sramek.” Elder went on to explain that, “As a business owner with experience in engineering and finance, I can be an asset at DMEA by being fiscally responsible to the member-owners. I have a solid understanding of budgets, balance sheets and business operations.”

Elder is president of Elderado Financial, a financial advisory firm he founded in 1998. The firm and the Elder family relocated to Montrose in 2001. The firm specializes in investment management and financial planning with clients who include: individuals, trusts and businesses throughout the nation.

After attending Colorado State University with a Mechanical Engineering emphasis, Elder began his business life in 1981 when he founded one of Colorado’s largest solar energy engineering design companies. He served public and private sector clients for more than 12 years. Additionally, he organized the local solar businesses and helped form COSEIA, a trade organization that standardized the Colorado solar industry.

Elder is excited about collaborating with the board to address our current issues. “As our western slope goes through these challenging economic times, I will make reducing the rising electric rates a priority.”

Elder moved his family to the western slope citing the “quality of life” that he and his wife Janet found here.  Over the years, Elder has been committed to maintaining that “quality of life” that attracted he and his family by volunteering his time and talents to many local committees and boards in leadership capacities that include: Montrose Rotary Club, and as the Finance Chair on the Board for the Montrose Regional Library District Board of Trustee.

He and wife Janet have been married for 26 years. They have two daughters, Jaimee and Jessica, who are Montrose High School graduates and are attending college.

Farming and working the land has been an interest for the Elder’s over the years. They recently purchased a 30 acre farm in Montrose County.  This experience has given Elder a greater understanding of the agricultural community challenges. He will work to lower electrical rates that are “crucial” and promote a diversified energy policy.

“It’s Your Money & Your Future,” explains Jim Elder and asks you to keep that in mind as you vote for your District 4 representative.  Elder welcomes member suggestions and questions, 970-249-9900 and/or email jim@elderadofinancial.com.