Cooperative Energy
Cooperative Energy is a Mississippi not-for-profit, member-owned generation and transmission cooperative that generates and transmits wholesale electricity to 11 member distribution cooperatives serving approximately 456,000 homes and businesses across 55 counties.
- Company typePrivate
- Founded1941
- HeadquartersHattiesburg, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Cooperative Energy does
Cooperative Energy is a not-for-profit, member-owned generation and transmission (G&T) electric cooperative headquartered in Hattiesburg, Mississippi. Founded in 1941 as South Mississippi Electric (SME) and renamed Cooperative Energy in 2016, the company is the only wholesale G&T cooperative in Mississippi and supplies electricity to 11 member-owned distribution electric cooperatives across 55 of the state's 82 counties, ultimately serving approximately 456,000 homes and businesses. Its diversified generation portfolio totals 2,304 MW from 17 natural gas-fired units, 153 MW from 11 solar sites, 125 MW of capacity from a 10% ownership stake in the 1,250 MW Grand Gulf Nuclear Station, and supplemental wholesale hydropower procured from the U.S. Department of Energy's Southeastern Power Administration (SEPA). Power is transmitted across 1,902 miles of transmission lines and integrated into MISO. Recent major capital projects include the R.D. Morrow, Sr. Generating Station repowering from coal to natural gas using a Siemens Energy SGT6-9000HL turbine (commercial operation March 2023; 572 MW) and Delta's Edge, a 100 MW solar facility in Carroll County developed with Cubico Buffalo Holdings I, LLC (commercial operation November 2023), which together with a 52 MW Lamar County solar project (Origis Energy USA, December 2017) anchor a meaningful shift in the generation mix.
The company's revenue model is wholesale electricity sales to its 11 member distribution cooperatives at cost-based rates, with any residual margins (capital credits) returned to members — over $400 million in capital credits were returned through 2015. As a not-for-profit cooperative under member-elected board governance, Cooperative Energy operates more like a regulated utility than a venture-backed company. Beyond core generation and transmission, the company has built an economic development platform including the SiteInvest site readiness program (developed with Burns & McDonnell), Cooperative Competes grants of up to $50,000, dedicated economic development staff, and partnerships with the Mississippi Development Authority, designed to attract industrial load to its service territory. Additional service lines include a Student Co-Op engineering program, Home Energy Savings programs (Comfort Advantage rebates, automated metering, energy audits), an electric vehicle program (GoEV!), and integrated vegetation management across 26,000 acres of right-of-way. Total assets stood at $2.3 billion at year-end 2024 and 2024 sales to members reached a record 10,227,219 MWh.
Cooperative Energy firmographics
Firmographics- Name
- Cooperative Energy
- Legal name
- Cooperative Energy
- Website
- https://cooperativeenergy.com
- Company type
- Private
- Founded year
- 1941
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Cooperative Energy is a Mississippi not-for-profit, member-owned generation and transmission cooperative that generates and transmits wholesale electricity to 11 member distribution cooperatives serving approximately 456,000 homes and businesses across 55 counties.
- Ownership category
- akta.pro rank
Cooperative Energy industry classification
Industry- Product category
- Wholesale Electric Power Generation and Transmission
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Fossil Fuel Electric Power Generation (221112), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)
- akta.pro secondary industries
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Captive & Embedded Gas-Fired Power Generation (Industrial/Commercial CHP) (EUALALAB), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
Keywords
Where Cooperative Energy is headquartered
LocationHeadquarters
- HQ city
- Hattiesburg
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Cooperative Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D
Revenue model
- Wholesale Electricity Sales: Cooperative Energy generates and transmits electricity to 11 member-owned distribution electric cooperatives. Revenue is derived from wholesale electricity sales to member systems, with rates reflecting only the cost of supplying wholesale energy. As a not-for-profit cooperative, any remaining funds (capital credits) are returned to members.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Wholesale power rates for member cooperatives |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Cooperative Energy product offering
Product offeringCore offering
Cooperative Energy is Mississippi's only generation and transmission (G&T) wholesale electric cooperative, generating and transmitting electricity to 11 member-owned distribution electric cooperatives. The company operates a diversified portfolio including 17 natural gas-fired units (2,304 MW), 11 solar sites (153 MW), a 10% ownership share of the Grand Gulf Nuclear Station (125 MW), and wholesale hydropower. Power is delivered across 1,902 miles of transmission lines serving approximately 456,000 homes and businesses in 55 of Mississippi's 82 counties.
Product overview
Cooperative Energy is Mississippi's only wholesale generation and transmission electric cooperative, operating as a not-for-profit, member-owned utility. The company operates a diversified generation portfolio including 17 natural gas-fired units (2,304 MW), solar installations (153 MW from 11 sites), nuclear power (10% ownership of Grand Gulf Nuclear Station), and hydropower from SEPA. Power is transmitted across 1,902 miles of transmission lines to 11 member distribution cooperatives serving approximately 456,000 homes and businesses in 55 of Mississippi's 82 counties. Beyond core electricity generation and transmission, Cooperative Energy offers economic development services through its SiteInvest program and Cooperative Competes grants, student engineering co-op programs, home energy savings initiatives, vegetation management, and electric vehicle programs.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 42% reduction in CO2 emissions since 2005
- +3 more outcomes
Companies that use Cooperative Energy
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles1 record
Cooperative Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cooperative Energy partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor, core and innovative.
- VisionFirst AdvisorsminorPartnership for Comprehensive Incentives Study in Pearl River County. VisionFirst conducted economic development consulting to develop a guidebook for offering local incentives to economic development projects.
- Cubico Buffalo Holdings I, LLCcorePartnership for 100 MW solar facility (Delta's Edge) in Carroll County near Greenwood. Commercial operation began November 2023. Facility incorporates approximately 250,000 panels on 750 acres. Cooperative Energy purchases all power produced.
- GE Research and Prolec GEinnovative100MVA flexible transformer demonstration project at a Cooperative Energy substation. Part of U.S. Department of Energy's Office of Electricity initiative. Represents next-generation hardware to support higher penetrations of renewable power on the grid and improve grid resiliency.
- Origis Energy USAcorePartnership for 52 MW solar facility in Lamar County, Mississippi. Commercial operation began December 2017. Facility incorporates over 206,000 polycrystalline solar modules on 540 acres. Origis Energy developed, constructed, and operates the site while Cooperative Energy purchases all power produced.
- National Renewables Cooperative OrganizationminorCharter member since May 2008. Cooperative organization focused on renewable energy collaboration among electric cooperatives.
- Burns & McDonnellminorDeveloped the SiteInvest program in partnership with Cooperative Energy. SiteInvest helps communities prepare industrial sites for development and investment through a 3-tier assessment process.
- Mississippi Development AuthoritycoreWorks closely with local economic development organizations and the Mississippi Development Authority to recommend sites, offer rate incentives, and find grant programs for eligible economic development projects across Mississippi.
- Southeastern Power Administration (SEPA)minorU.S. Department of Energy agency headquartered in Georgia. Cooperative Energy receives wholesale hydropower from several reservoirs and dams operated by SEPA.
Scale indicators13 records
Recent moves8 records
Expansion highlights5 records
Cooperative Energy competitors and assessment
Company assessmentDirect peers
- Seminole Electric Cooperative: Florida-based generation and transmission cooperative serving member distribution co-ops with a mix of natural gas, coal, and solar assets. Closest structural analog to Cooperative Energy's G&T cooperative model serving a defined state footprint.
- PowerSouth Energy Cooperative: Alabama G&T cooperative (formerly Alabama Electric Cooperative) supplying wholesale power to member distribution systems across the southeastern U.S. Directly comparable to Cooperative Energy in business model, scale, and member-owned governance.
- Associated Electric Cooperative: Generation and transmission cooperative headquartered in Missouri serving member systems across Missouri, Oklahoma, and Iowa. Operates a diversified mix of coal, gas, and renewables — comparable in scale and member-driven governance to Cooperative Energy.
- Oglethorpe Power Corporation: Georgia's largest G&T cooperative, owned by 38 member electric membership corporations. Operates a portfolio of natural gas, nuclear, hydro, and solar assets — directly comparable in structure, generation mix, and member-owned model.
- Basin Electric Power Cooperative: One of the largest G&T cooperatives in the U.S., serving member systems across the Upper Midwest and West. Comparable member-driven wholesale generation and transmission model, though at significantly larger geographic and asset scale than Cooperative Energy.
- Dairyland Power Cooperative: Wisconsin-based G&T cooperative supplying wholesale power to member distribution co-ops across the Upper Midwest. Operates a diversified mix including natural gas, renewables, and a stake in a nuclear plant — structurally comparable to Cooperative Energy's portfolio composition.
- East Kentucky Power Cooperative: Kentucky G&T cooperative generating and transmitting wholesale power to 16 member distribution co-ops. Comparable member-owned structure, similar generation mix transitioning from coal toward gas and renewables, and analogous scale to Cooperative Energy.
Broad incumbents
- Tennessee Valley Authority (TVA): Federal generation and transmission utility supplying power across Tennessee, Mississippi, Alabama, and surrounding states. Overlaps with Cooperative Energy's Mississippi service area and offers similar wholesale generation/transmission capabilities, but at much larger scale and with broader geographic reach.
- Entergy Mississippi: Investor-owned utility providing retail electric service across western Mississippi. Operates as a vertically integrated utility with overlapping generation and transmission in the same state as Cooperative Energy, representing a broad incumbent competitor for retail and industrial load.
- Mississippi Power: Southern Company subsidiary serving retail customers across southeastern Mississippi with a mix of natural gas, coal, and renewable generation. Directly competes with Cooperative Energy's member co-ops for industrial and commercial load within the same state.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cooperative Energy social profiles
Digital presenceCooperative Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cooperative Energy leadership team
Management profileNumber of profiles
Profiles7 records
Cooperative Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cooperative Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cooperative Energy
What does Cooperative Energy do?
Cooperative Energy is Mississippi's only generation and transmission (G&T) wholesale electric cooperative, generating and transmitting electricity to 11 member-owned distribution electric cooperatives. The company operates a diversified portfolio including 17 natural gas-fired units (2,304 MW), 11 solar sites (153 MW), a 10% ownership share of the Grand Gulf Nuclear Station (125 MW), and wholesale hydropower. Power is delivered across 1,902 miles of transmission lines serving approximately 456,000 homes and businesses in 55 of Mississippi's 82 counties.
Is Cooperative Energy a public or private company?
Cooperative Energy is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Cooperative Energy founded?
Cooperative Energy was founded in 1941. It employs 251 to 500 people.
Where is Cooperative Energy based?
Cooperative Energy is headquartered in Hattiesburg, United States, in the North America region.
How does Cooperative Energy make money?
One revenue line is on record: wholesale Electricity Sales.
Who are Cooperative Energy's main competitors?
Direct peers on record are Seminole Electric Cooperative, PowerSouth Energy Cooperative, Associated Electric Cooperative, Oglethorpe Power Corporation, Basin Electric Power Cooperative, Dairyland Power Cooperative and East Kentucky Power Cooperative. Broad incumbents are Tennessee Valley Authority (TVA), Entergy Mississippi and Mississippi Power.
Does Cooperative Energy have an API?
No public API is recorded for Cooperative Energy.
What industry is Cooperative Energy in?
Cooperative Energy's product category is Wholesale Electric Power Generation and Transmission. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 2211 and its SIC code is 4911.