Arkansas Valley Electric Cooperative Corporation

What Arkansas Valley Electric Cooperative Corporation does

Arkansas Valley Electric Cooperative Corporation (AVECC) is a member-owned, not-for-profit electric distribution cooperative headquartered in Ozark, Arkansas. Founded in 1937, AVECC distributes electricity to tens of thousands of residential, commercial, and agricultural members across seven counties in the Arkansas River Valley region (Crawford, Franklin, Johnson, Pope, Sebastian, Logan, and Scott), operating approximately 200 employees across district offices in Ozark, Pocola, Van Buren, and Waldron. The cooperative operates under a regulated cost-of-service model with rates set by the Arkansas Public Service Commission, returning excess revenues to members as capital credits.

AVECC's core technology stack includes advanced metering infrastructure (smart electric meters) for remote usage collection and outage dispatch, real-time power line sensors, drone-based grid inspection, satellite imagery for vegetation management, and a 500,000-watt solar array (1,530-panel Ten K Solar REFLECT 26 photovoltaic system) at the Van Buren District Office commissioned in 2016 with Today's Power Inc. for peak shaving and capacity stabilization. Members transact through the MyAVECC mobile app (iOS/Android), SmartHub online portal, PaySite kiosks, CheckFree Pay retail locations, and a member services call center. Revenue is generated through recurring subscription electric tariffs, with add-on services including outdoor security lighting, GenerLink transfer switches, GE hybrid water heaters, energy audits, and demand-side programs such as PrePay Power, Levelized Billing, and LIHEAP payment assistance.

Beyond electricity distribution, AVECC owns WAVE Rural Connect, a wholly-owned fiber broadband subsidiary that secured over $45 million in expansion funding in 2021, reached a 25,000th broadband customer milestone, and participates in Diamond State Networks — a May 2022 joint venture of thirteen Arkansas electric cooperatives forming a statewide wholesale broadband provider. The cooperative is a member of the National Rural Electric Cooperative Association (NRECA) network of 900 U.S. electric cooperatives and reinvests in its service communities through programs including the Washington Youth Tour, a $2,500 Teacher Appreciation Award, a $2,500 Senior Scholarship, employee service awards, and cumulative fundraising of approximately $50,000 for Arkansas Children's Hospital.

Name

Arkansas Valley Electric Cooperative Corporation

Legal name

Arkansas Valley Electric Cooperative Corporation

Website

https://avecc.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

101–250 employees

Short description

Arkansas Valley Electric Cooperative Corporation is a member-owned, not-for-profit electric distribution cooperative headquartered in Ozark, Arkansas, serving tens of thousands of residential, commercial, and agricultural members across seven Arkansas Valley counties via smart-grid infrastructure, district offices, and a fiber broadband subsidiary.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122), 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 Generation (DG) Solar & Small Wind (EUAMAJAD), Rural Broadband & Cooperative Fiber Operators (HDAIACAG)

Keywords

• Electric power distribution
• Rural broadband internet
• Electric utility cooperative
• Fiber optic services
• Member energy services

Headquarters

HQ city

Ozark

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Service: AVECC generates revenue through electricity distribution to residential and commercial members. As a not-for-profit cooperative, revenues beyond operating costs are returned to members in the form of capital credits.
2. WAVE Rural Connect Broadband: Fiber optic broadband internet service provided through subsidiary WAVE Rural Connect, part of Diamond State Networks partnership with 13 Arkansas electric cooperatives.
3. Security Lights: Outdoor security lighting services installed and maintained by AVECC on member properties.
4. GenerLink Generator Connections: GenerLink transfer switch installation providing safe portable generator connections for homes.
5. General Electric Hybrid Water Heaters: Heat pump hybrid water heater sales and installation utilizing energy-efficient technology.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels9 records

Core offering

Arkansas Valley Electric Cooperative Corporation (AVECC) distributes safe, dependable electricity to residential, agricultural, and commercial members across a seven-county service territory in the Arkansas River Valley. The cooperative also delivers gigabit-capable fiber broadband internet through its wholly-owned subsidiary WAVE Rural Connect, which operates as part of the Diamond State Networks wholesale broadband consortium formed with other Arkansas electric cooperatives. Additional offerings include smart-meter-enabled account management, energy-efficiency programs, prepaid and levelized billing, security lighting, generator transfer switches, and hybrid water heaters.

Product overview

Arkansas Valley Electric Cooperative Corporation (AVECC) is a rural electric cooperative providing electricity distribution to members across the Arkansas Valley region. The company operates as a single unified cooperative with multiple service offerings including its primary electric power distribution service and subsidiary broadband services. Key products and services include: the main AVECC electric cooperative service for power distribution; WAVE Rural Connect fiber broadband internet subsidiary (part of Diamond State Networks); MyAVECC digital member portal and mobile app for account management and outage reporting; smart electric meter infrastructure for remote data collection and outage management; energy efficiency services including audits and smart home programs; security lighting and GenerLink generator connection products; General Electric hybrid water heaters; PrePay Power and Levelized Billing plans; and community programs including LIHEAP assistance, scholarships, and the Washington Youth Tour. AVECC also operates a 500,000-watt solar facility and provides EV charging support.

Differentiator

Problem solved

Functional benefit

Brands

• WAVE Rural Connect: High-speed fiber optic broadband internet service subsidiary providing gigabit-capable broadband to rural communities in the Arkansas Valley Electric service territory.

Products and services

• Electricity Distribution Service Safe, dependable electricity distribution to residential, agricultural, and commercial members across Crawford, Franklin, Johnson, Pope, Sebastian, Logan, and Scott counties in Arkansas. Delivered as the core service of the member-owned cooperative.
• WAVE Rural Connect Broadband

Quantifiable outcome

• 500,000-watt solar array reduces demand for wholesale power, assists in peak shaving, and helps stabilize capacity during high-use periods
• +3 more outcomes

Named customers5 records

Segments3 records

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.

• Diamond State NetworkscoreStrategic or Co-development Partner · 1 May 2022WAVE Rural Connect is part of 13 Arkansas electric cooperatives that formed Diamond State Networks, a new wholesale broadband provider. Diamond State Networks is 100% owned by electric cooperatives, with residents served ultimately owning and governing the network. The partnership ensures focus on reliability and affordability while AVECC's ownership, function, and mission remain unchanged.
• Franklin County (Arkansas)minorStrategic or Co-development Partner · 1 February 2021AVECC and Wave Rural Connect partnered with Franklin County on a grant proposal to bring high-speed internet to area residents through the fiber project.
• Today's Power, Inc.coreStrategic or Co-development Partner · 30 September 2016AVECC partnered with Today's Power Inc., a subsidiary of Arkansas Electric Cooperatives Inc., to build a 500,000-watt solar array at Van Buren District Office. The Ten K Solar REFLECT 26 photovoltaic system spans 1.5 acres with 1,530 panels. Today's Power Inc. also partners with University of Arkansas for solar biodiversity research.
• National Rural Electric Cooperative Association (NRECA)coreOthersAVECC is part of a larger network of 900 electric co-ops nationwide through NRECA membership. The cooperative collaborates with co-ops across the country to share ideas and leverage innovations. NRECA represents nearly 900 local electric cooperatives serving 42 million Americans across 56% of the nation's landscape.
• Today's Power, Inc.coreStrategic or Co-development PartnerToday's Power Inc. (TPI) partnered with University of Arkansas to monitor and track native species at TPI solar sites across Arkansas, studying the impact of solar arrays on biodiversity. TPI's sites rank among the most biodiverse in the study.
• Thirteen Arkansas Electric CooperativescoreStrategic or Co-development PartnerThirteen Arkansas electric cooperatives partnered to create Diamond State Networks with mission to catalyze high-speed internet growth throughout Arkansas and make it the most significantly connected state in the country.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ozarks Electric Cooperative: A neighboring member-owned electric distribution cooperative in Arkansas operating under the same NRECA/Rural Utilities framework with comparable member services, district offices, and a community-focused cooperative model.
• First Electric Cooperative Corporation: Arkansas-based member-owned rural electric distribution cooperative with overlapping service profile, similar capital-credit structure, and joint participation in Diamond State Networks broadband expansion.
• Petit Jean Electric Cooperative: Another Arkansas electric distribution cooperative serving rural members under the same co-op model, with similar reliance on NRECA programs, community engagement, and joint broadband buildouts.
• Craighead Electric Cooperative: Member-owned electric distribution cooperative in Arkansas also participating in Diamond State Networks, sharing the same operational and broadband-expansion playbook as AVECC.
• Kit Carson Electric Cooperative: New Mexico member-owned electric distribution cooperative that diversified into fiber broadband via its subsidiary—directly comparable to AVECC's WAVE Rural Connect strategy and electric-plus-broadband cooperative model.
• Pedernales Electric Cooperative: One of the largest member-owned electric distribution cooperatives in the U.S., operating a retail electric + broadband model very similar to AVECC and demonstrating scaled cooperative economics and diversification.

Broad incumbents

• Entergy Arkansas: Investor-owned regulated utility serving much of Arkansas with electric generation, transmission, and distribution—a broader incumbent competing for the same end customers and regulatory influence as AVECC.
• Southwestern Electric Power Company (SWEPCO / AEP): Investor-owned utility operating across the Arkansas River Valley region with overlapping distribution territory, providing a benchmark for IOU scale, regulatory mechanics, and broadband-adjacent infrastructure.
• Brightspeed: Large fiber and broadband provider expanding across the rural South and Midwest, representing the scaled incumbent competitive set that WAVE Rural Connect must contend with in Arkansas broadband markets.

Regional players

• Ozark Electric Cooperative (Missouri): Member-owned rural electric distribution cooperative in the Missouri Ozarks running a similar capital-credits program, member-engagement strategy, and broadband subsidiary approach—relevant comparable for non-overlapping geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MyEnergyAVECC
• Xx.com/MyEnergyAVECC
• LinkedInlinkedin.com/company/arkansas-valley-electric-cooperative

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Arkansas Valley Electric Cooperative Corporation