Arkansas Electric Cooperative Corp.
Arkansas Electric Cooperative Corp. provides power to more than 490,000 members of the state's 17 electric distribution cooperatives. It employs about 250 Arkansans.
It is the second largest electric utility in Arkansas, with 2010 revenue of $589 million. Considered one of the top cooperatives in the nation, AECC reports assets of about $1.3 billion. It provides power to its members through diverse generation assets including three hydropower plants, four oil-based, natural gas plants and two natural gas-only plants. AECC also owns shares of three coal-based plants.
In 1942, electric cooperatives in Arkansas pooled their resources to form a statewide association, Arkansas Electric Cooperatives Inc., and a generation and transmission cooperative, Arkansas Electric Cooperative Corp.
AECC and AECI, along with the state's 17 electric distribution cooperatives, are known collectively as the Electric Cooperatives of Arkansas. Together, they own about 2,672 megawatts of generating capacity.
Power plants and generating stations are located at Gentry, Newark, Ozark, Barling, Augusta, Morrilton, Redfield, Camden, Dumas, Fulton, Wrightsville and Elkins.
Based in Little Rock, AECC is led by president and CEO Duane Highley.
- Bloomberg: Verizon Communications to Shed Regional Offices
- Video: Doug McMillon Talks Changes, US Economy on CNBC
- Governor: Arkansas Will Be in 'Top Tier' of Trading Partners with Cuba
- Georgia-Pacific's Crossett Mill On Front Line of Tissue Wars 3 days ago
- Update: Scott Inman to Leave KATV in Early 2016, Join GenWealth 1 day ago
- Rosewood Brings Retro Style to Hearses 3 days ago
- Update: Tech Park, Richard Mays Settle on Price 8 hours ago
- Developer Eyes New Retail, Loft Apartments for Argenta 11 hours ago