Arkansas Electric Cooperative Corporation · Little Rock, AR United States
Company Description
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This link will open in a new window Having access to power is the natural state in the Natural State, thanks to Arkansas Electric Cooperative Corporation (AECC), the sole wholesale power provider for 17 Arkansas electric distribution cooperatives. The company operates power plants with 2,977 MW of generating capacity, owns transmission assets, and purchases wholesale power to meet its members' demands. Affiliate Arkansas Electric Cooperatives, Inc. (AECI) provides administrative and maintenance services to the distribution companies. The distribution utilities, which serve 490,000 customers throughout more than 60% of Arkansas' land area, along with AECC and AECI, are collectively known as the Electric Cooperatives of Arkansas. To read the full description, subscribe now.
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Key Arkansas Electric Cooperative Corporation Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | October |
| 2008 Sales (mil.) | $668.6 |
| 2008 Employees | 240 |
Arkansas Electric Cooperative Corporation Executives
11 executives listed for Arkansas Electric Cooperative Corporation's Little Rock, AR location.
| Title | Name & Bio | Contact |
| President and CEO | Gary Voigt | Network |
| VP Engineering, Construction, and Operations | S. Maurice Robinson | Network |
| VP and CFO | Michael Henderson | Network |
Competition
Competitive Landscape for Arkansas Electric Cooperative Corporation
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 Arkansas Electric Cooperative Corporation Competitors
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