BNET Industries
Last Fiscal Year Sales:$75.0M
- Private
- US
Dow Jones Description
Central Electric Power Cooperative exists to serve the needs of its member cooperatives by providing excellent electric generation and transmission systems and long-term rate stability in a competitive environment. Central will provide additional services needed to maintain and improve economic opportunities and the quality of life in central Missouri . For over 50 years, Central Electric has provided electric energy reliably and economically. Central Electric is part of an extensive network of Missouri electric cooperatives. Together, these cooperatives form the third largest electric network in Missouri , serving a demographic area that covers 80% of Missouri . Central's power is purchased from Associated Electric Cooperative, Inc. (AECI), which ranks as the nation's sixth lowest-cost bulk power supplier among electric cooperatives. In addition, Central Electric operates a 72 MW coal-fired power plant in Chamois. With a demand of over 723 megawatts and annual sales exceeding 3.2 billion kilowatt-hours, Central Electric is a major electric supplier to more than 165,800 residential, commercial and industrial members. Central and its member distribution cooperatives are non-profit corporations. After the cost of operations are paid, remaining revenues above costs for each operating year are credited to the member-owners and are retired as funds are available.
CEO, General Manager
Don ShawNumber of Employees 100
Contact Information
2106 Jefferson St
Jefferson City, Missouri 65109-2066
(573) 634-2454
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Don Shaw | CEO, General Manager |
| Ralph Schulte | Chief Operating Officer |
| Randy Carrender | Chief Financial Officer |
| Jack F. Wolfe, JR. | Director of the Electric Cooperatives |
| Nancy Gibler | Director of Business Development |
| Kenny Nilges | Manager of Information Technology |
| Mark Newbold | Human Resources Manager |
| Tim Backes | Power Plant Manager |
| Jeffrey M Lewis |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | CEO, General Manager | Current |
| Associated Electric Cooperative Inc. | Director | Current |
| Central Electric Power Cooperative Inc. | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Chief Operating Officer | Current |
| Central Electric Power Cooperative Inc. | Manager of Engineering & Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Chief Financial Officer | Current |
| Central Electric Power Cooperative Inc. | Manager of Finance | Current |
Mr. Wolfe has been the president and CEO of Mid-Carolina Electric Cooperative, Inc. in Lexington, SC since 1975. He has also represented South Carolina's electric cooperatives on the NRECA Board of Directors since 1999, serving as secretary treasurer in 2005, vice president from 2005 to 2006 and currently serving as president. Mr. Wolfe serves as a director of The Electric Cooperatives of South Carolina, Inc. and the Central Electric Power Cooperative and has chaired a variety of statewide committees.
| Organization | Position | Status |
|---|---|---|
| Mid-Carolina Electric Cooperative, Inc. | CEO | Current |
| Mid-Carolina Electric Cooperative, Inc. | President | Current |
| South Carolina LLC | Director of the Electric Cooperatives | Current |
| Central Electric Power Cooperative Inc. | Director of the Electric Cooperatives | Current |
| National Rural Utilities Cooperative Finance Corporation | Board of Directors | Current |
| The Electric Cooperatives of South Carolina, Inc | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Director of Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Manager of Information Technology | Current |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Human Resources Manager | Current |
| Central Electric Power Cooperative Inc. | Human Resources Executive | Former |
| Organization | Position | Status |
|---|---|---|
| Central Electric Power Cooperative Inc. | Power Plant Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Lewis, CPA | Current | |
| Central Electric Power Cooperative Inc. | Current | |
| Blue Cross and Blue Shield | Current | |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| University of South Carolina | Bachelor of Business Administration Degree In Accounting | Former |
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