GVEC

What GVEC does

GVEC (Guadalupe Valley Electric Cooperative) is a member-owned electric cooperative founded on December 2, 1938, in Gonzales County, Texas, serving over 120,000 consumers across 3,500 square miles in 13 South Central Texas counties. Its core operations include electricity generation, transmission, and distribution, supported by smart grid and outage management systems and a self-service customer portal (MyGVEC) with energy usage analytics via the Usage Explorer tool. Beyond electricity, GVEC delivers a diversified beyond-the-meter portfolio: fiber and wireless internet (GVEC Internet), HVAC sales and service, solar and battery storage solutions, licensed electrician services, and Generac generator installation.

The cooperative operates five customer service centers (Gonzales HQ, Schertz, Seguin, La Vernia, Cuero) and supports community programs including the Power Up grant program (over $4.6 million awarded since 2012), Youth Tour, and economic development initiatives. Revenue is generated primarily through recurring monthly electric distribution charges governed by the Cooperative Tariff, supplemented by subscription internet services and adjacent product/service revenue streams. As a not-for-profit cooperative, excess revenues are returned to members through capital credits rather than to external shareholders; $12 million was retired to eligible members in July 2026. Recent strategic moves include the Base Power residential battery partnership (50 MW scaled across the territory by April 2026), a landmark three-party solar PPA with Vitesco Technologies and Big Sun Solar (2.6 MWdc), and a new 2026-2030 five-year strategic plan emphasizing durability and growth.

Name

GVEC

Legal name

Guadalupe Valley Electric Cooperative

Website

https://gvec.org

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

251–500 employees

Short description

GVEC is a member-owned Texas electric cooperative, founded 1938, serving over 120,000 consumers across 13 South Central Texas counties with electricity, fiber internet, HVAC, solar, battery, and electrician services.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

Electric Power Distribution (221122), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industries

Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Community Microgrids & Shared Distributed Generation (EUACALAC)

Keywords

• Electric utility distribution
• Rural electric cooperative
• Fiber internet services
• Solar and battery solutions
• HVAC and electrician services

Headquarters

HQ city

Gonzales

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Distribution Services: Core electricity distribution services to over 120,000 consumers across 3,500 square miles in 13 South Central Texas counties. Revenue from monthly member electricity consumption charges, with rates governed by cooperative tariff.
2. Internet Services: High-speed fiber and wireless internet services offered since 1998 with no data limits and no hidden fees. Covers Cuero, Gonzales, La Vernia, Schertz, Seguin and surrounding areas.
3. Beyond the Meter Services: Additional services including AC/Heating sales and service, solar and battery storage solutions, and electrician services. Offered to both members and the general public.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

GVEC is a member-owned electric cooperative that distributes electricity to over 120,000 consumers across 3,500 square miles in 13 South Central Texas counties. Beyond electricity, GVEC sells fiber and wireless internet, HVAC services, solar and battery storage solutions, and licensed electrician services. The cooperative also operates the MyGVEC self-service portal for account management, outage reporting, and energy usage monitoring.

Product overview

GVEC is a cooperative offering a diversified portfolio of utility and related services. The core offering is electricity service (generation, transmission, distribution) to over 120,000 consumers across 3,500 square miles in South Central Texas. Beyond the meter, GVEC provides internet (fiber/wireless via GVEC Internet), HVAC services, electrician services, and solar/battery solutions. Supporting these are customer-facing digital platforms (MyGVEC portal with Usage Explorer), demand response programs (Peak-Time Payback, GVEC X Base Power Battery), energy efficiency services (audits, rebates), and community programs (Power Up Grants, Youth Tour). The services are delivered through five customer service centers and two operations centers across 13 counties.

Differentiator

Problem solved

Functional benefit

Brands

• MyGVEC: Self-service customer portal and mobile app for bill pay and account management
• Power Up
• GVEC Fiber
• GVEC X Base Power Battery Program
• Peak-Time Payback
• WattWatch

Products and services

• Electricity Service Core electric utility service providing reliable electricity distribution to residential and commercial members across 13 South Central Texas counties, including power transmission, distribution, outage management, and meter services.
• GVEC Internet (Fiber and Wireless) High-speed fiber and wireless internet service for residential and commercial customers in Cuero, Gonzales, La Vernia, Schertz, Seguin and surrounding areas, with no data limits and no hidden fees.
• SmartBiz Internet

Quantifiable outcome

• Over $4.6 million awarded through Power Up community grant program since 2012
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Base PowercoreStrategic or Co-development Partner · 30 June 2025Partnership to deploy a utility-managed fleet of residential battery systems. Expanded in 2026 to deliver 50 MW of residential battery capacity across GVEC's entire service territory, providing affordable whole-home backup power to households.
• Big Sun SolarcoreStrategic or Co-development Partner · 27 July 2023Three-party partnership with Vitesco Technologies and Big Sun Solar to develop a 2.6MWdc solar project adjacent to Vitesco's Seguin manufacturing facility. Big Sun Solar builds, owns, and operates the solar project. GVEC facilitates the power purchase agreement.
• Vitesco TechnologiescoreStrategic or Co-development Partner · 27 July 2023Commercial and industrial customer partnership for solar energy. Vitesco Technologies purchases electricity generated from the 4,800-panel solar installation to offset 13% of its annual energy consumption at the Seguin facility.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Pedernales Electric Cooperative: The largest electric distribution cooperative in Texas, serving the Texas Hill Country with member-owned electricity services. Highly comparable structure, geography, and cooperative model to GVEC.
• Bluebonnet Electric Cooperative: Texas member-owned electric cooperative serving residential, commercial, and industrial customers across multiple counties. Operates with similar cooperative structure, fiber internet services, and beyond-the-meter offerings as GVEC.
• CoServ: North Texas electric cooperative and natural gas distributor serving the DFW metroplex. Comparable member-owned cooperative model with diversified utility services (electric, gas, internet).
• Bandera Electric Cooperative: Texas electric cooperative serving the Texas Hill Country with member-owned electricity, internet, and value-added services. Closely aligned in scale and operational philosophy with GVEC.
• Mid-South Synergy: Texas electric cooperative serving rural Central Texas with member-owned electricity services. Closely comparable in geography, scale, and member-owned cooperative structure to GVEC.

Broad incumbents

• CPS Energy: Largest municipally-owned electric and natural gas utility in the U.S., serving San Antonio and surrounding areas. Operates in an adjacent Texas geography with overlapping customer base with GVEC.
• Austin Energy: Publicly-owned utility serving Austin, Texas with electricity, distributed energy, and demand response programs. Comparable in DER strategy and community engagement, though much larger scale.
• Oncor Electric Delivery: Largest electric transmission and distribution utility in Texas, operating across multiple regions including areas near GVEC. Provides reference benchmark for T&D operations and ERCOT exposure.

Regional players

• Lower Colorado River Authority (LCRA): Texas river authority providing generation, transmission, and water services across Central Texas. Operates in overlapping geography with GVEC and shares the cooperative/utility hybrid service approach.

Emerging players

• Base Power: Distributed residential battery startup partnered with GVEC to deploy 50 MW of utility-managed battery capacity. Comparable as an emerging DER player operating in the same energy ecosystem as GVEC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/GVEC_Tweets
• Facebookfacebook.com/GVECsocial
• LinkedInlinkedin.com/company/gvec
• Instagraminstagram.com/GVECSocial

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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 GVEC