Associated Electric Cooperative Inc. · Springfield, MO United States
Company Description
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This link will open in a new window Associated Electric Cooperative makes the connection between power and cooperatives. The utility provides transmission and generation services to its six member/owner companies, which in turn provide power supply services to 51 distribution cooperatives in three Midwest states. (The distribution cooperatives have a combined customer count of more than 850,000.) Associated Electric operates 9,280 miles of power transmission lines and has more than 5,220 MW of generating capacity from interests in primarily coal- and gas-fired power plants and from wholesale energy transactions with other regional utilities. To read the full description, subscribe now.
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Key Associated Electric Cooperative Inc. Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $908.9 |
| 2007 Employees | 645 |
Associated Electric Cooperative Inc. Executives
22 executives listed for Associated Electric Cooperative Inc.'s Springfield, MO location.
| Title | Name & Bio | Contact |
| President, Board of Directors | O. B. Clark | Network |
| VP, Board of Directors | Emery Geisendorfer | Network |
| CEO and General Manager | James Jura | Network |
Competition
Competitive Landscape for Associated Electric Cooperative Inc.
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 Associated Electric Cooperative Inc. Competitors
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