What Wolverine Power Cooperative does

The cooperative generates revenue through wholesale electricity sales to its member cooperatives under long-term power supply agreements, with all margins returned to members through reduced rates—a not-for-profit model structurally eliminating external profit extraction. A complementary sub-brand, Wolverine Power Marketing Cooperative (WPMC), operates as a licensed Alternative Electric Supplier serving large commercial and industrial customers in Michigan's electric choice market via customized pricing portfolios. Wolverine has received federal funding including a New ERA (Empowering Rural America) grant and a USDA Rural Energy for America grant, and benefits from FERC-regulated transmission operations. Revenue is not publicly disclosed. Recent operational milestones include a record peak demand of 780+ MW set in June 2025 and the addition of Thumb Electric Cooperative as the cooperative's eighth member-owner in 2024.

Name

Wolverine Power Cooperative

Legal name

Wolverine Power Supply Cooperative, Inc.

Website

https://wolverinepowercooperative.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Wolverine Power Cooperative is a not-for-profit, member-owned generation and transmission cooperative that delivers wholesale electricity—currently 60% carbon-free—to eight member distribution cooperatives serving nearly 300,000 rural homes and businesses across more than 40 Michigan counties.

Ownership category

akta.pro rank

Product category

Wholesale Electric Power Generation and Transmission

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Nuclear Electric Power Generation (221113), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

Keywords

• Wholesale power supply
• Electric generation cooperative
• Renewable energy programs
• Transmission infrastructure services
• Rural electric distribution

Headquarters

HQ city

Cadillac

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Wholesale Power Supply: Wolverine operates as a not-for-profit generation and transmission cooperative. Revenue is generated through wholesale electricity sales to member cooperatives, with all margins returned to members through lower rates. The cooperative model ensures cost-competitive pricing.
2. Commercial and Industrial Electric Choice Market: Wolverine Power Marketing Cooperative (WPMC) serves large commercial and industrial customers in Michigan's electric choice market through flexible pricing structures and customized portfolios.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Wolverine Power Cooperative is a not-for-profit, member-owned generation and transmission cooperative that generates and procures wholesale electricity from diverse sources (nuclear, natural gas, wind, solar) and supplies it to eight member-owned distribution cooperatives in Michigan. The cooperative operates power plants (Alpine, Hersey, Sumpter), holds long-term power purchase agreements (Palisades Nuclear, Rail Splitter Wind Farm, Deerfield Wind, Gemstone Solar, Gaylord Solar), and provides member-focused programs including community solar subscriptions, net metering, and grid services such as black start capability and fiber communications.

Product overview

Wolverine Power Cooperative is a not-for-profit, member-owned power generation cooperative that operates as a single unified platform delivering wholesale electricity to eight member cooperatives in Michigan. The cooperative's core offering is power supply—generating and purchasing electricity from diverse sources including nuclear (Palisades), natural gas (Alpine, Hersey, Sumpter plants), wind (Rail Splitter, Deerfield), and solar (Gaylord, Gemstone, SpartanSolar programs). Supporting products include renewable energy programs for member-consumers (Community Solar, Net Metering, Large Renewable Options), the Wolverine Power Marketing Cooperative for commercial/industrial customers, and infrastructure services like black start capability and fiber communications. The cooperative serves nearly 300,000 rural homes and businesses across Michigan's lower peninsula and is on track to provide 100% carbon-free energy by 2030.

Differentiator

Problem solved

Functional benefit

Products and services

• Wholesale Power Supply Not-for-profit, member-owned power generation and transmission cooperative delivering 60% carbon-free, reliable, competitive wholesale electricity to eight cooperative members in Michigan.
• Palisades Nuclear Power Purchase Agreement Long-term power purchase agreement for 800 MW of nuclear generation from Palisades Nuclear Power Plant in southwest Michigan, capable of powering more than 800,000 Michigan homes and representing 6% of Michigan's energy.
• Alpine Power Plant Natural gas-fueled electric generating facility in Elmira Township, Otsego County, west of Gaylord, Michigan, producing 410 MW of generation capacity.
• Hersey Power Plant

Quantifiable outcome

• Powering nearly 300,000 rural homes and businesses across over half of Michigan's lower peninsula
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• EDP RenewablescoreStrategic or Co-development Partner · 10 December 2025Wolverine utilized its relationship with EDP Renewables, owner of Rail Splitter Wind Farm, to expand its renewable portfolio. Wolverine now has all 100 MW of Rail Splitter in its portfolio for the next decade through a long-term contract. EDP had additional 75 MW available which Wolverine added to its portfolio.
• Hoosier EnergycoreStrategic or Co-development Partner · 29 April 2025Wolverine and Hoosier Energy partnered to support the restart of Palisades Nuclear Power Plant. Both cooperatives are receiving New ERA funding from RUS to help cover power purchase agreements for restarting the idled Palisades nuclear plant. The partnership created a foundation for additional collaboration including capacity trading and the Rail Splitter Wind Farm transfer.
• Holtec InternationalflagshipStrategic or Co-development Partner · 12 September 2023Historic long-term agreement signed in September 2023 for the restart of Palisades Nuclear Power Plant in southwest Michigan. Wolverine will purchase power from the 800-megawatt plant under Holtec's leadership. This marks the first time in American history that a nuclear plant could reopen. Palisades restart is targeted for 2026.
• ClēneracoreStrategic or Co-development Partner · 14 October 202120-year Power Purchase Agreement between Wolverine and Clēnera's affiliate Gemstone Solar LLC for 150 MW of solar energy. Gemstone Solar is located in Cass County, Michigan, scheduled for commercial operation by end of 2023. Clēnera, a developer of large-scale solar and storage projects and subsidiary of Enlight Renewable Energy LTD (TASE: ENLT), manages construction and operation.
• RES AmericascoreStrategic or Co-development Partner · 9 January 201520-year power purchase agreement for 114 MW of wind energy from the Deerfield Wind Energy project in Huron County, Michigan. RES Americas developed and constructed the project providing up to 200 jobs during peak construction and 6 permanent jobs. Over 215 local landowners participate through royalty payments.
• Exelon GenerationcoreStrategic or Co-development PartnerWolverine signed a 20-year power purchase agreement with Exelon Generation for 153 MW of new wind generation in Michigan's Thumb region, propelling Wolverine to the top of Michigan's renewable energy leadership.
• Algonquin Power & Utility CorpminorStrategic or Co-development PartnerRES Americas entered joint venture with Algonquin to continue development of the Deerfield wind power project, with Algonquin as partner in the overall project structure.
• Michigan Electric Transmission Company (METC)coreTechnology or IntegrationWolverine collaborated with METC to develop one of Wolverine's power plants as a black start resource capable of restarting the grid during blackouts. The partnership enables Northern Michigan to independently restore its own grid area without waiting for Southern Michigan restoration.
• J. Ranck ElectricminorImplementation/ SI/ Consulting PartnerJ. Ranck Electric of Mt. Pleasant was contracted to build the 200-kilowatt SpartanSolar array at PIE&G headquarters in Onaway, Michigan. This was their fourth SpartanSolar installation for Wolverine.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Basin Electric Power Cooperative: One of the largest US generation and transmission (G&T) cooperatives, serving member distribution cooperatives across the Dakotas, Montana, Wyoming, and surrounding states. Directly comparable to Wolverine as a member-owned wholesale power cooperative with diversified generation, federal funding access, and long-term PPA-driven member relationships.
• Dairyland Power Cooperative: Generation and transmission cooperative serving member distribution electric cooperatives across Wisconsin, Minnesota, Iowa, and Illinois. Closely mirrors Wolverine's rural cooperative model, diversified baseload + renewable portfolio, and wholesale supply model.
• East Kentucky Power Cooperative: Generation and transmission cooperative serving 16 member distribution cooperatives across Kentucky. Operates an owned-and-contracted generation portfolio (coal, natural gas, hydro) with growing renewables — directly comparable to Wolverine's G&T structure and member-cooperative supply model.
• Hoosier Energy: Indiana-based generation and transmission cooperative that partnered with Wolverine on the Palisades nuclear restart and Rail Splitter Wind Farm transactions. Operates a similar member-distribution model across rural Indiana and Illinois, providing a direct structural and strategic peer.
• PowerSouth Energy Cooperative: Generation and transmission cooperative serving member distribution electric cooperatives across Alabama and northwest Florida. Operates a diversified owned generation fleet (natural gas, hydro, biomass, solar) with a wholesale member-supply model structurally identical to Wolverine's.
• Oglethorpe Power Corporation: Generation and transmission cooperative serving 38 member distribution electric cooperatives in Georgia. Operates a mix of owned generation and PPAs (including nuclear via Plant Hatch and Plant Vogtle stakes), making it one of the most directly comparable G&T cooperatives with nuclear exposure.
• Associated Electric Cooperative: Generation and transmission cooperative serving six member distribution cooperatives across Missouri, Iowa, Kansas, and Oklahoma. Operates a large owned generation fleet and bulk transmission system — directly comparable scale and structure to Wolverine.
• Seminole Electric Cooperative: Florida-based generation and transmission cooperative serving member distribution electric cooperatives. Operates a mixed portfolio of natural gas, coal-to-gas conversions, and solar PPAs, providing a comparable member-owned G&T utility model in a different geographic market.
• Old Dominion Electric Cooperative: Generation and transmission cooperative serving member distribution electric cooperatives across Virginia, Maryland, and Delaware. Provides a directly comparable not-for-profit G&T utility model with a diversifying clean-energy portfolio.

Broad incumbents

• Consumers Energy: Investor-owned Michigan utility serving the same lower peninsula geography as Wolverine's members with overlapping generation (natural gas, nuclear at Palisades prior) and renewables. Broad incumbent competitor in Michigan's electric choice market where Wolverine Power Marketing Cooperative also operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wolverine Power Cooperative