GreyStone Power Corporation · Douglasville, GA United States
Company Description
View GreyStone Power Corporation Locations On A US Map
This link will open in a new window
This link will open in a new window By the power of GreyStone, customers in northwestern Georgia are not in peril of darkness. GreyStone Power is an electric membership cooperative that provides transmission and distribution services to more than 101,000 residential, commercial, and industrial customers in eight counties west of Atlanta (Bartow, Carroll, Cobb, Coweta, Douglas, Fayette, Fulton, and Paulding). The utility operates more than 5,400 miles of power lines. GreyStone Power offers natural gas services through a partnership with Gas South and also offers banking, residential and commercial security, and surge protection operations. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key GreyStone Power Corporation Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $218.9 |
| Employees | 268 |
GreyStone Power Corporation Executives
16 executives listed for GreyStone Power Corporation's Douglasville, GA location.
| Title | Name & Bio | Contact |
| Chairman | Calvin Earwood | Network |
| Vice Chairman | John Walton | Network |
| President and CEO | Gary Miller | Network |
Competition
Competitive Landscape for GreyStone Power 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 GreyStone Power Corporation Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!