Central Electric Cooperative, Inc.

Introduction

Central Electric Cooperative, Inc. (CEC) is a not-for-profit, member-owned electric cooperative operating in central Oregon. Established in 1941, CEC provides electric utility services to its members across several counties, including Deschutes, Crook, Jefferson, Grant, Linn, Wasco, and Lake.

Mission and Purpose

The mission of CEC is to make electric energy available to its members at the lowest cost consistent with sound economy and good management. This commitment aligns with the cooperative's purpose of enhancing the quality of life for its members by providing reliable and competitively priced electricity.

Governance

CEC is governed by a nine-member Board of Directors elected from its membership. The cooperative adheres to the seven principles of cooperatives, including voluntary and open membership, democratic member control, members' economic participation, autonomy and independence, education, cooperation among cooperatives, and concern for community.

Service Area and Operations

CEC serves a 5,300 square-mile service territory, with an electrical system that includes 24 substations and over 4,111 miles of energized power lines. The cooperative obtains its wholesale electricity from the Bonneville Power Administration (BPA), which is primarily sourced from hydroelectric dams, making the electricity provided virtually carbon-emission-free.

Financial Structure

CEC's financial structure is typical of a not-for-profit electric cooperative, where any earnings in excess of operating expenses are reinvested in the cooperative or returned to members as capital credits. This approach ensures that members benefit directly from the cooperative's success.

Community Involvement

CEC is actively involved in community development initiatives. Programs such as Project Helping Hand and partnerships with local organizations aim to provide assistance to members facing financial difficulties and support community development.

Tax Status

Central Electric Cooperative, Inc. is designated as a 501(c)(12) organization, which includes entities with a mutually beneficial nature. However, donations to CEC are not tax-deductible.

Conclusion

Central Electric Cooperative, Inc. is a prominent member-owned electric cooperative in central Oregon, committed to delivering reliable and affordable energy while fostering community growth and involvement. Its unique structure and mission set it apart from other utility companies, prioritizing member interests and environmental sustainability.