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.

Arkansas' Largest Private Companies Through the Years

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The largest Arkansas-based, Arkansas-owned private companies ranked by reported or estimated revenue (in millions) for fiscal year listed. read more >

Energy Revenue Changes Little; Truman Arnold Cos. Departs List

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This year's list of private energy companies hews very closely to the previous year's, with a few major changes. The biggest change is that this year, Truman Arnold Cos., which last year was the largest company on the list with annual revenue of $3 billion, is missing completely. read more >

Movers & Shakers: Robert Johnson Joins Staff at Garver

2 months ago –

Robert Johnson has joined the energy group staff of Garver LLC in North Little Rock as a senior project manager. Johnson has 30 years of experience in engineering and was employed with Arkansas Electric Cooperative Corp. from 1983 to 2013. read more >

Stone Ward Picks Up $1M Account

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Arkansas Electric Cooperative Corp. has hired Little Rock advertising agency Stone Ward as its agency of record. read more >

Arkansas Elecric Cooperative Companies Promote Maria Smedley (Movers & Shakers)

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Maria Smedley has been promoted to vice president of human resources at the Arkansas Electric Cooperative Corp. and Arkansas Electric Cooperatives Inc. in Little Rock. read more >

Entergy Pushes for Arkansas Approval of ITC Merger

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The filing is part of a multi-state regulatory process required to complete the $1.78 billion spinoff, which was announced in December 2011. read more >

Movers & Shakers (Aug. 6, 2012)

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New hires, promotions and awards for the week of Aug. 6, 2012. read more >

Energy Companies See Revenue Jump

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The recession seems far off for Arkansas' private energy companies, with almost all of those represented on Arkansas Business' list of the state's largest private companies having significant jumps in revenue since last year. read more >

Nonprofit Cooperatives Serve Thousands Across State

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Each year, hundreds of thousands of Arkansans use cooperatives, nonprofits with unique models allowing customers to join the companies as members. read more >

Cooperatives Get Wind Power

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While talking about the role of cooperatives in Arkansas, Arkansas Electric Cooperative Corp. of Little Rock told Whispers that it would soon add wind power to its diverse energy portfolio. read more >

Michael Henderson: Finalist, Large Private Companies Category

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Michael Henderson is one of a trio of men who oversee the three arms of Electric Cooperatives of Arkansas. read more >

CFO of the Year Finalists (Large Private Company): Michael Henderson

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Michael Henderson is one of a trio of men who oversee the three arms of Electric Cooperatives of Arkansas: Arkansas Electric Cooperative Corp., a utility group that builds power plants and generates electricity; Arkansas Electric Cooperatives Inc., a utility that serves five states; and Electric Research & Manufacturing Corp., which produces and sells single- and triple-phase transformers. read more >

Arkansas Business