Kenergy Corp. · Henderson, KY United States
Company Description
Phone: 270-826-3991
Fax: 270-826-3999
Toll Free: 800-844-4832
View Kenergy Corp. Locations On A US Map
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This link will open in a new window Kenergy kens energy, as the Scots might say. Electric distribution cooperative Kenergy serves more than 51,000 customers in 14 counties (Breckinridge, Caldwell, Crittenden, Daviess, Hancock, Henderson, Hopkins, Livingston, Lyon, McLean, Muhlenberg, Ohio, Union and Webster) in Western Kentucky. Kenergy serves its customer base of households, commercial enterprises, and industries via more than 6,700 miles of power lines. The customer-owned company is part of Touchstone Energy Cooperatives , a national alliance of more than 600 local, consumer-owned electric utility cooperatives. To read the full description, subscribe now.
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Key Kenergy Corp. Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| Employees | 155 |
Kenergy Corp. Executives
5 executives listed for Kenergy Corp.'s Henderson, KY location.
| Title | Name & Bio | Contact |
| President and CEO | Sanford Novick | Network |
| VP Operations | Gerald Ford | Network |
| VP Finance and Accounting | Steve Thompson | Network |
Competition
Competitive Landscape for Kenergy Corp.
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 Kenergy Corp. Competitors
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