CO-OPFACTS

Facts at a Glance

900 distribution and 60 G&T cooperatives serve:

  • 34 million people in 46 states.
  • 13 million businesses, homes, schools, churches, farms, irrigation systems, and other establishments in 2,500 of 3,128 counties in the U.S.
  • 11 percent of the nation’s population.

To perform their mission, electric cooperatives:

  • own assets worth $70 billion,
  • own and maintain 2.3 million miles, or 44%, of the nation’s electric distribution lines, covering three quarters of the nation’s landmass,
  • deliver 7.9 percent of the total kilowatt-hours sold in the U.S. each year,
  • generate 4 percent of the total electricity produced in the U.S. each year,
  • employ nearly 60,000 people in the United States.
  • During 1997, electric cooperatives paid more than $707 million in state and local taxes.

Compared with other electric utilities:

  • Co-op sales grew twice as fast as the total electric industry average in 1998.
  • Co-ops serve an average of 6 consumers per mile of line and collect annual revenue of approximately $7,900 per mile of line,
  • Investor-owned utilities average 33 customers per mile of line and
  • collect $61,000 per mile of line,
  • Publicly owned utilities, or municipals, average 43 consumers and
  • collect $71,000 per mile of line.

Cooperative businesses are special because they are owned by the consumers they serve and because they are guided by a set of seven principles that reflect the best interests of those consumers.

More than 100 million people are members of 47,000 U.S. cooperatives, enabling consumers to secure a wide array of goods and services such as health care, insurance, housing, food, heating fuel, hardware, credit unions, child care or utility service.


We love this! Thanks for sharing, Rappahannock Electric Cooperative!Despite the 20 years that have passed, the impact that David Koogler had on Dwayne Haskins as his 'lunch buddy' never faded. Last week, Dwayne flew back to Virginia from California to meet with David and thank him, “I just wanted to let him know that I appreciate him,” Haskins said. “He took time out of his day that he didn’t have to take [as a lunch buddy] to help motivate me and get me to where I am today.”Read more about their reunion here: bit.ly/3CeINtQ #WeAreREC ... See MoreSee Less
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CO-OP LEADER RECOGNIZED. Greg W. White, retired President & CEO of Northern Neck Electric Cooperative, was visibly touched when this surprise video played at the Virginia, Maryland & Delaware Association of Electric Cooperative’s 77th annual meeting earlier this week in Virginia Beach. White was honored with the 2021 Electric Cooperative Leadership Award for his stellar 40-year career in the cooperative network. #servantleadership #vmdaec #nnec #leadershipFor more on this story, visit: vmdaec.com/pr/Greg-white-honored-for-decades-of-co-op-leadership/ ... See MoreSee Less
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4 days ago

Cooperative Living Magazine
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4201 Dominion Blvd.
Glen Allen, Virginia 23060
804-346-3344
www.vmdaec.com
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