Indian Electric Cooperative Inc

Indian Electric Cooperative Inc

730297135
EIN
1939
Founded
Cleveland, OK 74020 United States
Address
iecok.com
Web
3397160
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Description

Indian Electric Cooperative, Inc.

Indian Electric Cooperative, Inc. is a nonprofit, member-owned distribution cooperative providing electric service to seven north-central and northeastern Oklahoma counties, including Pawnee, Osage, Creek, Payne, Noble, Kay, and Tulsa.

History

Incorporated on August 1, 1939, Indian Electric Cooperative was founded to address the need for electricity in rural areas, which were often underserved by traditional utilities at the time. The cooperative's early development involved intensive efforts to gather support and signatures from local residents, who were eager to access electricity. Initially named Consumers Electric Cooperative, the organization later changed its name to Indian Electric Cooperative due to a naming conflict and because it served the heart of what was once known as Indian Territory[3].

Operations

Indian Electric Cooperative serves nearly 14,000 members, providing electricity to 20,080 homes and businesses through a network of 3,516 miles of distribution lines, covering a service territory of 2,500 square miles[1][2]. It employs approximately 79 people and operates with headquarters in Cleveland and a district office in Fairfax[2].

Governance and Structure

The cooperative is governed by a board of directors, with each director serving a three-year term. Members have equal voting rights and participate in district and annual meetings. This structure allows for community involvement and ensures that the needs of local members are represented[2].

Mission and Community Impact

Indian Electric Cooperative's mission is to enhance the quality of life for its members by promoting a positive economic, political, social, and regulatory environment. It also dedicates resources to energy distribution, conservation, and innovation, aligning with the values of a nonprofit organization. In 2021, it returned $5.1 million in capital credits to members[2].

Partnerships

As part of the Touchstone Energy Cooperatives network, Indian Electric Cooperative benefits from resources and partnerships that support local engagement and service quality. This national network of more than 700 local systems across 46 states emphasizes high standards of service and community-focused operations[5].

[1] https://www.okl.coop/cooperatives/my-cooperative/indian-electric/ [2] https://www.iecok.com/about-us [3] https://www.iecok.com/the-iec-story [4] https://www.bbb.org/us/ok/cleveland/profile/electric-companies/indian-electric-cooperative-inc-1025-29000631 [5] https://www.iecok.com/touchstone-energy-cooperatives

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