What is Intercounty Electric Cooperative Association?
Intercounty Electric Cooperative Association is a member-owned utility provider dedicated to serving over 24,000 members spread across ten counties. The cooperative's comprehensive service portfolio extends beyond traditional electric utility provision to include renewable energy options, detailed energy audits, and a variety of community programs designed to elevate the quality of life for its members. Their commitment is further demonstrated through safety presentations, utility bill assistance, and rebates for energy-efficient upgrades, all aimed at promoting community and rural development while meeting the diverse needs of their clientele.
How much funding has Intercounty Electric Cooperative Association raised?
Intercounty Electric Cooperative Association has raised a total of $15M across 1 funding round:
Grant
$15M
Grant (2021): $15M with participation from USDA Rural Development
Key Investors in Intercounty Electric Cooperative Association
USDA Rural Development
USDA Rural Development is a government agency focused on improving the economy and quality of life in rural America, often providing grants and loans for infrastructure and community projects.
What's next for Intercounty Electric Cooperative Association?
The recent major strategic investment signals a period of accelerated growth and enhanced service delivery for Intercounty Electric Cooperative Association. This capital infusion is expected to bolster their renewable energy initiatives and expand community development programs, reinforcing their mission to serve and uplift their member base. The cooperative is poised to leverage this financial backing to further strengthen its infrastructure and broaden its impact within the rural communities it serves.
See full Intercounty Electric Cooperative Association company page