CKenergy Electric Cooperative Inc.

CKenergy Electric Cooperative Inc. is a nonprofit electric cooperative operating in the United States, specifically in several counties of Oklahoma, including Blaine, Caddo, Canadian, Comanche, Custer, Dewey, Grady, Kiowa, Roger Mills, and Washita. It was formed in 2016 through the merger of Kiwash Electric Cooperative and Caddo Electric Cooperative.

History

CKenergy Electric Cooperative Inc. has its roots in the not-for-profit electric cooperative model, which has been providing power to communities since the 1930s. The cooperative’s mission is to offer safe, reliable, and affordable electricity to its members while emphasizing community service over profit.

Operations

CKenergy serves as a locally owned and governed entity, with a democratically elected board of directors composed of members from its service area. The cooperative provides various community-focused programs, including donations to local organizations, Operation Round-up, Senior Scholarships, and sponsorships for youth programs like the Youth Power Energy Camp and a Youth Leadership Tour to Washington, D.C.

Financial Overview

As of recent data, CKenergy Electric Cooperative Inc. reported a revenue of approximately $87.2 million, with total assets valued at $211 million and liabilities of $132 million. The cooperative generates nearly all its revenue from program services, primarily electricity provision to its members[4].

Community Involvement and Programs

CKenergy supports its members with energy efficiency and conservation rebates and programs. It also offers tools for members to track electricity usage and manage their bills effectively. The cooperative fosters community engagement by returning surplus funds to members as Capital Credits, a hallmark of cooperative operations.

Technology and Infrastructure

The cooperative has implemented advanced systems like Automatic Metering Infrastructure (AMI) and AVL (Automatic Vehicle Location) systems to enhance field operations, crew support, and safety during service disruptions. This technology allows for real-time monitoring of crew locations and statuses, improving response times and operational efficiency[5].

CKenergy Electric Cooperative Inc. serves approximately 14,915 cooperative members across its extensive service territory covering about 7,300 square miles, with an average of 3.30 members per mile of line.

[1] https://ckenergycoop.squarespace.com/s/Annual-Report-2019.pdf [2] https://www.ckenergy.coop/contact [3] https://www.ckenergy.coop/electric-service-new-member-information [4] https://projects.propublica.org/nonprofits/organizations/474815587 [5] https://www.ifs.com/customer-success/customer-stories-directory/ckenergy-electric-cooperative-customer-story