Central Iowa Power Cooperative

• Private
• US

Dow Jones Description

Central Iowa Power Cooperative (CIPCO) is a generation and transmission cooperative serving 12 rural electric cooperatives and one municipal electric cooperative in the state of Iowa. An electric cooperative is a customer-owned utility established to provide electric service to rural America where each customer is a member with special rights. CIPCO's service territory stretches 300 miles diagonally across the state from the Mississippi River on the east to Shenandoah in the southwest. CIPCO's member distribution cooperatives deliver power to farmsteads, industrial parks, commercial businesses, urban residences, manufacturers and much more! Working together, CIPCO and its member cooperatives provide electrical service to over 311,700 Iowans. CIPCO is organized as a cooperative which gives each of its 13 cooperatives membership status within the organization. As such, a representative from each of the member cooperatives is elected to the CIPCO board of directors which serves as the governing body. The board of directors of CIPCO in turn selects a Chief Executive Officer who is responsible for the staffing and day-to-day operations of CIPCO. CIPCO supplies all power requirements for its member systems, and as their power provider CIPCO is dedicated to delivering quality, reliable service at the lowest possible cost.

CEO

Number of Employees 120

Contact Information

Peer Companies

• Korea Electric Power Corp.
• Constellation Energy Group Inc.
• Exelon Corp.
• National Grid Plc.
• Southern Co.
• All Companies