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 Shaw
Number of Employees 100
Contact Information

2106 Jefferson St

Jefferson City, Missouri 65109-2066

www.cepc.net

(573) 634-2454

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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