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 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 Arkansas Electric Cooperative Corporation (AECC) is an electrical generation and distribution cooperative founded in 1949 and headquartered in Little Rock, Arkansas. It sells wholesale energy to 17 member cooperatives serving 500,000 custome ...
.
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 Randolph may refer to:
Places In the United States
* Randolph, Alabama, an unincorporated community
* Randolph, Arizona, a populated place
* Randolph, California, a village merged into the city of Brea
* Randolph, Illinois, an unincorporated commun ...
.
The Cooperative has more than 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
External links
Craighead Electric Cooperative
{{Co-operatives
Companies based in Arkansas
Electric cooperatives in Arkansas