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Craighead Electric Cooperative


FieldValue
nameCraighead Electric Cooperative
logoFile:Craighead_Electric_Cooperative_logo.jpg
founded1937
industryRural electrical cooperative
hq_location_cityJonesboro, AR
num_employees110
website

Craighead Electric Cooperative is a member-owned not-for-profit rural electric utility cooperative headquartered in Jonesboro, Arkansas, United States with district offices in Paragould, and Walnut Ridge, Arkansas. A not-for-profit electric cooperative differs from a for profit investor owned electric company in a number of ways including capital credit refunds. For example, the cooperative in 2006 refunded $679,728 for the years 1976 and 1977.

The Cooperative was organized in 1937 and the first 75 mi of power lines were energized in November 1938. In 1942 the cooperative pooled its resources with the other sixteen Arkansas power cooperatives to form a statewide association, Arkansas Electric Cooperatives, Inc., (AECI). In 1949, it became a member of the Arkansas Electric Cooperative Corporation.

The Cooperative serves portions of seven counties in the state of Arkansas, in a territory generally north and east of Jonesboro: Craighead, Crittenden, Greene, Independence, Lawrence, Poinsett, and Randolph.

The Cooperative has more than 4800 mi of distribution lines, 18 substations, and services 30,000 meters. In 2009, a winter storm damaged roughly 8,000 of the cooperative's utility poles causing power outages to 25,000 customers.

References

References

  1. (28 February 2013). "Craighead Electric Sponsors Energy Efficient Model Home Open House". The Town Crier.
  2. (20 December 2006). "Craighead Electric returns funds to members". Poinsett County Democrat Tribune.
  3. (20 September 2013). "DD-13-14 FEMA Should Recover $7.5 Million of the $43.2 Million Public Assistance Grant Awarded to Craighead Electric Cooperative Corporation, Arkansas". Department of Homeland Security.
  4. (2014). "Electric Cooperatives of Arkansas - Our History". Electric Cooperatives of Arkansas.
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