Northfork Electric Cooperative

What Northfork Electric Cooperative does

Northfork Electric Cooperative (NFEC) is a member-owned electric distribution cooperative headquartered in Sayre, Oklahoma, founded in 1939 and operating across seven western Oklahoma counties (Beckham, Roger Mills, Washita, Greer, Custer, Harmon, and Dewey). The cooperative generates, transmits, and distributes electric energy to over 3,200 residential and commercial members through approximately 2,586 miles of owned distribution infrastructure. As a regulated distribution cooperative, NFEC operates as the exclusive electricity provider within its assigned service territory under cooperative governance, with a Board of Trustees elected by the membership and patronage capital credits returned to members.

The cooperative's core product is electricity distribution, supported by a digital member-services platform called SmartHub (web portal plus iOS/Android mobile applications) that handles bill payment, outage reporting, power-usage alerts, and account management. NFEC has layered a portfolio of value-added offerings on top of core distribution: geothermal heating and cooling systems (with a pre-qualified installer network), solar energy resources, electric vehicle information, GENERAC backup generators, water heaters, home health monitors, energy audits, and efficiency rebates. Member engagement is reinforced through community programs including the Co-op Family Christmas (assisting 600+ families since 2004), NFEC scholarships, Youth Tour, Energy Camp, and the Co-op Connections Card discount program. The cooperative is a member of the national Touchstone Energy Cooperatives branding and advocacy network.

NFEC's revenue model is recurring subscription-based electricity distribution billed monthly, with two alternative payment structures: a pay-as-you-go prepaid option and an automatic monthly bank draft. Rates are not publicly disclosed in detail; revenues are reinvested into operating costs and capital improvements under cooperative principles rather than distributed to external shareholders. The cooperative pursues federal grant funding (e.g., GRIP) for grid resilience upgrades and participates in safety coordination through OKIE811 for underground utility location. NFEC employs between 11 and 50 staff, consistent with a small rural distribution utility, and generates no publicly disclosed revenue or ARR figures.

Name

Northfork Electric Cooperative

Legal name

Northfork Electric Cooperative Inc.

Website

https://nfecoop.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

Northfork Electric Cooperative is a member-owned electric distribution utility serving 3,200+ residential and commercial members across 2,586 miles of distribution infrastructure in seven western Oklahoma counties from its 1939 founding.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industry

DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)

Keywords

• Electric utility services
• Electricity distribution
• Member-owned cooperative
• Energy efficiency programs
• Rural electric service

Headquarters

HQ city

Sayre

HQ country

United States

HQ region

North America

Offices1 record

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. Electricity Distribution: The cooperative generates revenue through electricity distribution to over 3,200 residential and commercial members across 2,586 miles of distribution line in seven Oklahoma counties. As a member-owned cooperative, revenues are used to cover operating costs and fund capital improvements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Northfork Electric Cooperative is a member-owned electric cooperative that distributes electricity to over 3,200 residential and commercial members across 2,586 miles of distribution line in seven western Oklahoma counties. The cooperative operates since 1939, providing core electricity distribution along with digital member services (SmartHub), energy efficiency programs, geothermal heating/cooling support, backup generators, and community engagement programs.

Product overview

Northfork Electric Cooperative provides electricity distribution and related energy services to residential and commercial members across western Oklahoma. The cooperative operates a single unified product/service portfolio centered on electricity distribution, with member-facing digital services delivered through the SmartHub platform (online portal and mobile app) for account management, bill payment, and outage reporting. Additional offerings include energy efficiency programs (rebates, audits), renewable energy options (geothermal, solar, electric vehicles), home comfort products (generators, water heaters, health monitors), and community programs (scholarships, youth programs, holiday assistance). The cooperative offers multiple payment options including standard billing, pay-as-you-go, and automatic bank draft.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Distribution
• SmartHub Online Portal and Mobile App
• Outage Response Center
• Geothermal Heating and Cooling
• GENERAC Generators
• Pay-As-You-Go
• Monthly Bank Draft
• Energy Efficiency Rebates
• Energy Audits
• Home Health Monitors
• Water Heaters
• Solar Energy Program
• Electric Vehicles Resources
• NFEC Scholarship
• Youth Tour
• Energy Camp

Quantifiable outcome

• Homeowners that change to a geothermal heat pump save about 25-40 percent on energy costs
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Touchstone Energy CooperativescoreGTM or Marketing PartnerNational branding partnership with Touchstone Energy Cooperatives, a network of electric cooperatives. NFEC uses the Touchstone Energy branding and participates in cooperative marketing initiatives, member programs, and national cooperative events.
• Fire & Ice Geothermal Heating and Cooling Systems, LLCcoreImplementation/ SI/ Consulting PartnerPrequalified geothermal driller providing sales, service, and installation of complete geothermal systems to Northfork Electric members. Owner Ray Bayliff can be reached at 580-256-9439.
• Martin's Air Conditioning & Heating Inc.coreImplementation/ SI/ Consulting PartnerPrequalified geothermal installer providing sales and service within 30 miles of Elk City. Part of NFEC's quality-control program for geothermal installations.
• Wright Comfort SolutionscoreImplementation/ SI/ Consulting PartnerPrequalified geothermal installer providing sales and service to all Northfork Electric members. Contact Jimmy Wright at 580-471-3603 or WrightsOK.com.
• OKIE811coreTechnology or IntegrationOklahoma 811 center for underground utility locate requests. Members and contractors must contact OKIE811 before digging to have underground lines marked. Locate requests valid for 14 calendar days and can be scheduled up to 10 business days in advance.
• Co-op ConnectionsminorGTM or Marketing PartnerNational cooperative discount program providing member savings on prescription medications, dental care, and other products and services through the Co-op Connections Card.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Others

• Basin Electric Power Cooperative: Large generation-and-transmission cooperative serving distribution members across multiple states. Comparable to NFEC through the cooperative utility ecosystem, supplying wholesale power and transmission that supports NFEC's distribution operations.
• Associated Electric Cooperative: Generation-and-transmission (G&T) cooperative based in Springfield, Missouri. Functions as a wholesale power supplier to distribution co-ops like NFEC, providing the upstream energy and transmission services that enable NFEC's retail distribution.

Direct peers

• Cotton Electric Cooperative: Touchstone Energy-branded distribution cooperative headquartered in Walters, Oklahoma. Serves rural southern Oklahoma and northern Texas with the same cooperative utility model, energy-efficiency rebates, and member-driven programs as NFEC.
• Caddo Electric Cooperative: Member-owned rural electric cooperative headquartered in Binger, Oklahoma. Directly comparable to NFEC as a Touchstone Energy-branded distribution cooperative serving rural Oklahoma members with similar member services and infrastructure profile.
• People's Electric Cooperative: Member-owned electric cooperative in Ada, Oklahoma. Closely comparable to NFEC as a rural Oklahoma distribution co-op with a similar member-services orientation, community programs, and reliance on cooperative governance.
• East Central Oklahoma Electric Cooperative: Member-owned electric distribution cooperative headquartered in Okmulgee, Oklahoma. Comparable to NFEC in serving rural eastern Oklahoma members with overlapping energy efficiency, geothermal, and member-engagement offerings.
• Oklahoma Electric Cooperative: Distribution electric cooperative headquartered in Norman, Oklahoma. Operates the same Touchstone Energy member-owned cooperative model as NFEC, serving residential and commercial members across central Oklahoma with overlapping products like SmartHub and geothermal/solar programs.
• Kiamichi Electric Cooperative: Member-owned distribution cooperative headquartered in Wilburton, Oklahoma. Operates a directly comparable model to NFEC across rural southeastern Oklahoma counties, with similar SmartHub-style digital services and community engagement programs.

Broad incumbents

• Public Service Company of Oklahoma (PSO): AEP-owned investor-owned utility serving eastern and southwestern Oklahoma. A broader incumbent that overlaps with NFEC's service region, providing comparable electricity distribution and energy-efficiency programs but as part of a multi-state regulated utility portfolio.
• OG&E Energy Corp: Investor-owned utility serving Oklahoma and Arkansas. Competes with NFEC in adjacent Oklahoma service territory, offering overlapping electricity distribution, SmartHub-style account management, and renewable programs but at much larger scale and with a for-profit structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nfecooperative
• Facebookfacebook.com/NorthforkElectric
• LinkedInlinkedin.com/company/nfecoop

Revenue estimate

Valuation estimate

Number of profiles

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 Northfork Electric Cooperative