Adams-Columbia Electric Cooperative · Friendship, WI United States
Company Description
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This link will open in a new window With a name that harkens back to Christopher Columbus and the Founding Fathers, Adams-Columbia Electric Cooperative provides power to more than 36,000 member-owners in 12 counties in central Wisconsin. The rural distribution cooperative operates nearly 5,300 miles of transmission and distribution lines. Adams-Columbia Electric was formed through the merger of Adams-Marquette Electric Cooperative and Columbus Rural Electric Cooperative in 1987. The utility expanded further through its 1992 acquisition of Waushara Electric Cooperative. The cooperative covers a 2,500 sq. ml. geographic service area. To read the full description, subscribe now.
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Key Adams-Columbia Electric Cooperative Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| Employees | 115 |
Adams-Columbia Electric Cooperative Executives
14 executives listed for Adams-Columbia Electric Cooperative's Friendship, WI location.
| Title | Name & Bio | Contact |
| Chairman | Kendal Nichols | Network |
| Vice Chairman | Gene Alexander | Network |
| CEO | Martin Hillert | Network |
Competition
Competitive Landscape for Adams-Columbia Electric Cooperative
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Adams-Columbia Electric Cooperative Competitors
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