Midwest Energy, Inc. · Hays, KS United States
Company Description
Phone: 785-625-3437
Fax: 785-625-1496
Toll Free: 800-222-3121
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This link will open in a new window Some rural residents of the Sunflower State rely on Midwest Energy for their power and gas needs. The utility serves approximately 48,000 electricity customers and 42,000 natural gas customers in central and western Kansas. It also has some power generation operations; it purchases most of its electric supply from wholesale marketers. The company's Midwest United Energy subsidiary is a competitive natural gas supplier in four states, and its WestLand Energy unit sells propane to Kansas consumers; it has sold its telecommunications business. Midwest Energy was formed in 1981 when the Central Kansas Electric Cooperative acquired investor-owned Central Kansas Power. To read the full description, subscribe now.
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Key Midwest Energy, Inc. Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $173.3 |
| Employees | 274 |
Midwest Energy, Inc. Executives
70 executives listed for Midwest Energy, Inc.'s Hays, KS location.
| Title | Name & Bio | Contact |
| President and General Manager | Earnie Lehman | Network |
| VP Operations | Dennis O'Dell | Network |
| VP Finance and CFO | Tom Meis | Network |
Competition
Competitive Landscape for Midwest Energy, 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 Midwest Energy, Inc. Competitors
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