Victory Electric Cooperative Assn Inc

Name

Victory Electric Cooperative Assn Inc

Legal name

Victory Electric Cooperative Association, Inc.

Website

https://victoryelectric.net

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Electric Utility Distribution Services

NAICS

Electric Power Distribution (221122)

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industry

Community Microgrids & Shared Distributed Generation (EUACALAC)

Keywords

• Electric distribution services
• Rural electric cooperative
• Member-owned utility
• Power grid operations
• Electricity billing services

Headquarters

HQ city

Dodge City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Sales: Sale of electricity to residential, commercial, industrial, and irrigation members. Rates are set to bring in enough revenue to pay operating costs, make payments on loans, and provide emergency reserves. As a not-for-profit cooperative, revenues exceeding expenses are returned to members as capital credits.
2. Service Fees: Fees charged for various service operations including reconnection, disconnection, meter testing, meter diversion penalties, insufficient funds, after-hours service, and non-standard meter reading.
3. Capital Credits/Member Equity: Members contribute equitably to capital of the cooperative through electricity payments. Margins are allocated back to members as capital credits based on their electricity purchases, which are later retired when board authorizes.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Victory Electric is a member-owned, not-for-profit electric distribution cooperative that delivers electricity to residential, commercial, industrial, and irrigation customers across southwest Kansas through more than 3,200 miles of owned transmission and distribution infrastructure. Its core product is structured electricity service across rate tariffs (All-Electric, Domestic, Small Commercial, Large Commercial, Irrigation, and Temporary), supplemented by advanced automated metering, a SmartHub digital account management platform, multiple payment options, and community solar programs.

Product overview

Victory Electric Cooperative Assn Inc is a member-owned, not-for-profit electric utility serving southwest Kansas. Its product portfolio is organized around four core areas: (1) Electricity Distribution and Rate Tariffs — structured rate products for residential, commercial, industrial, irrigation, and temporary service segments; (2) Smart Energy Management — including advanced digital metering, real-time usage monitoring, and grid automation via TripSaver fault-mitigation devices; (3) Billing and Member Services — powered by the SmartHub platform (web and mobile app), supplemented by Prepay Power, Budget Billing, AutoPay, VanillaDirect cash payments, and Group Invoice options; and (4) Community Programs — including Capital Credits (patronage capital retirements), the CoBank Sharing Success Grant, the Lightner Community Spirit Scholarship, Youth Tour and Leadership Camp, and the Kansas Country Living Magazine newsletter. The cooperative also offers solar energy and community solar programs. The SmartHub platform serves as the central digital hub connecting members to all account management, payment, and monitoring services.

Differentiator

Problem solved

Functional benefit

Brands

• SmartHub: Web and mobile app for account management, bill payment, usage monitoring, outage reporting, and notifications.
• Prepay Power

Products and services

• Electric Rate Tariffs (All-Electric, Domestic, Small Commercial, Large Commercial, Irrigation, Temporary)

Quantifiable outcome

• More than 20,000 meters served across southwest Kansas
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• Sunflower Electric Power CorporationcoreStrategic or Co-development PartnerVictory Electric purchases electricity from Sunflower Electric Power Corporation, a generation and transmission (G&T) cooperative based in Hays, Kansas. Sunflower provides wholesale power and Victory Electric represents its interests on the Sunflower Electric board through elected trustees.
• Touchstone EnergymajorStrategic or Co-development PartnerTouchstone Energy is a national network of electric cooperatives across 46 states that provides research, communications resources, and employee training programs. Victory Electric is a Touchstone Energy partner, gaining access to national brand resources, customer service training programs, and member engagement support.
• Kansas Electric Cooperatives, Inc. (KEC)majorStrategic or Co-development PartnerKEC is the state association representing electric cooperatives in Kansas, providing advocacy, education, and support services for member cooperatives like Victory Electric.
• America's Electric Cooperatives (NRECA)majorStrategic or Co-development PartnerNational Rural Electric Cooperative Association represents nearly 900 consumer-owned, not-for-profit electric cooperatives. Victory Electric participates in NRECA programs including Youth Tour, Director training certifications, and advocacy efforts.
• Western Kansas Rural Economic Development Alliance (wKREDA)minorStrategic or Co-development PartnerRegional economic development organization serving western Kansas communities, partnering with Victory Electric on regional development initiatives.
• Dodge City/Ford County Development CorporationminorStrategic or Co-development PartnerLocal economic development organization working with Victory Electric on business development and retention in the Dodge City and Ford County area.
• Dodge City Area Chamber of CommerceminorStrategic or Co-development PartnerLocal chamber of commerce partnership for community development and business support in the Dodge City area.
• Dodge City Main StreetminorStrategic or Co-development PartnerLocal Main Street organization partnership for downtown development and community events in Dodge City.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Sunflower Electric Power Corporation: Generation-and-transmission (G&T) cooperative based in Hays, Kansas that supplies Victory Electric's wholesale power. Directly comparable as a Kansas electric cooperative operating in the same regulatory ecosystem under the Touchstone Energy / NRECA umbrella.
• Midwest Energy Inc. Member-owned electric cooperative serving rural and small-town Kansas communities. Highly comparable distribution utility model, member governance, and rate-tariff structure to Victory Electric.
• Lane-Scott Electric Cooperative: Kansas electric cooperative serving agricultural and rural customers in southwest Kansas. Direct peer given overlapping geography, irrigation load, and Touchstone Energy affiliation.
• Prairie Land Electric Cooperative: Kansas electric cooperative serving rural members across north-central and western Kansas. Comparable member-owned distribution model and agricultural customer base.
• Wheatland Electric Cooperative: Kansas electric cooperative serving western Kansas. Direct comparable on cooperative governance, agricultural irrigation loads, and rural distribution infrastructure.
• CoServ Electric: Texas electric cooperative where Victory Electric CEO Shane Laws previously worked for 9 years. Comparable member-owned distribution cooperative model serving residential, commercial, and irrigation customers.
• Pedernales Electric Cooperative: Large Texas electric distribution cooperative. Comparable cooperative governance, capital credit model, and member-focused utility operations; a useful scale benchmark above Victory Electric's size.

Broad incumbents

• Evergy: Investor-owned utility serving Kansas and Missouri. Operates as a broader incumbent in the same electric distribution industry with overlapping Kansas service territory adjacent to Victory Electric.

Others

• Touchstone Energy Cooperatives: National network of 750+ electric cooperatives across 46 states of which Victory Electric is a member. Relevant as an ecosystem peer providing shared branding, training, and member engagement resources.
• CoBank: National cooperative bank financing rural electric cooperatives including Victory Electric. Adjacent enabler through the Sharing Success grant program and likely core lender; relevant as a capital and ecosystem peer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TheVictoryElec
• YouTubeyoutube.com/channel/UCbhHWDsc685tnkhy4y34bYw
• Facebookfacebook.com/VictoryElectric

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 Victory Electric Cooperative Assn Inc