Western Farmers Electric Cooperative

What Western Farmers Electric Cooperative does

Western Farmers Electric Cooperative (WFEC) is a member-owned generation and transmission (G&T) electric cooperative headquartered in Anadarko, Oklahoma, that supplies wholesale electric power to 21 rural distribution cooperatives and one Air Force base across Oklahoma and New Mexico. As a not-for-profit cooperative, WFEC is owned by its member cooperatives and returns any margins to members rather than external shareholders. The cooperative operates a diversified portfolio of owned generation facilities — including the Anadarko, Hugo, and Mooreland plants — supplemented by power purchase agreements with third-party generators such as the NextEra-developed Chaves II Solar Farm, with high-voltage transmission infrastructure delivering electricity to member systems.

WFEC's operational technology stack includes computerized plant controls, sophisticated electric power dispatching, remote transmission system operation, and a microwave data transmission network that together enable automated control of generation assets and real-time balancing of supply and load across its network. The cooperative is actively expanding owned generation capacity, with a groundbreaking for Units 12 & 13 at the Hugo Plant in October 2024 and a January 2026 announcement of an additional 400 MW capacity addition at the Hugo facility, signaling a strategy of displacing purchased power with owned assets over time.

WFEC's business model is wholesale B2B electricity supply under long-term cooperative agreements. Pricing is negotiated annually through cooperative governance with member distribution cooperatives rather than disclosed on the open market. Revenue mechanics are cost-recovery plus member capital allocation, typical of the cooperative utility structure. The cooperative's go-to-market is institutional and relationship-driven, serving a stable captive member base, with marketing concentrated in publications, media center content, and emergency communications rather than competitive customer acquisition. WFEC also provides avoided-energy-cost analysis tools for members in both Oklahoma and New Mexico to support member-side cost optimization.

Name

Western Farmers Electric Cooperative

Legal name

Western Farmers Electric Cooperative

Website

https://wfec.com

Company type

Private

Founded year

1941

Operating status

Operating

Headcount range

251–500 employees

Short description

Western Farmers Electric Cooperative is a member-owned generation and transmission electric cooperative headquartered in Anadarko, Oklahoma, supplying wholesale electricity to 21 rural distribution cooperatives and one Air Force base across Oklahoma and New Mexico via owned generation plants and power purchase agreements.

Ownership category

akta.pro rank

Product category

Wholesale Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Fossil Fuel Electric Power Generation (221112)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Open-Cycle Gas Turbine (OCGT) / Peaker Generation (EUACABAB)

akta.pro secondary industry

HVAC Transmission Lines (EHV/UHV Overhead & Underground) (EUADAAAD)

Keywords

• Wholesale electricity generation
• Power transmission services
• Electric cooperative utilities
• Renewable energy portfolio
• Power purchase agreements

Headquarters

HQ city

Anadarko

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Power Sales to Member Cooperatives: As a generation and transmission cooperative, WFEC generates and transmits electricity to its 21 member distribution cooperatives and one Air Force base. The cooperative model means revenue is used to cover costs and fund infrastructure, with any margins returned to members.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

WFEC is a generation and transmission (G&T) cooperative that generates and transmits wholesale electricity to its 21 member distribution cooperatives and one Air Force base across Oklahoma and New Mexico. The cooperative maintains a diversified portfolio of owned generation facilities supplemented by power purchase agreements, and delivers electricity through high-voltage transmission infrastructure while providing avoided energy cost analysis to help member cooperatives optimize procurement.

Product overview

Western Farmers Electric Cooperative operates as a generation and transmission (G&T) cooperative providing electric power to 21 member distribution cooperatives and one Air Force base. WFEC maintains a diversified portfolio of owned generation facilities and power purchase agreements, delivering electricity through high-voltage transmission infrastructure. The cooperative focuses on responsibly powering rural America with renewable energy options while maintaining reliable service through computerized plant controls, sophisticated power dispatching, and remote transmission system operation.

Differentiator

Problem solved

Functional benefit

Named customers2 records

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

One partnership is on record.

• NextEracoreStrategic or Co-development Partner · 5 June 2023WFEC and NextEra collaborated on the Chaves II Solar Farm project, holding a ribbon cutting ceremony in June 2023. This partnership represents WFEC's strategy to integrate renewable energy sources into its generation portfolio.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Basin Electric Power Cooperative: One of the largest G&T cooperatives in the United States, serving member distribution cooperatives across multiple states with owned generation, high-voltage transmission, and renewable resources. Closely comparable to WFEC in cooperative structure, business model, and generation/transmission focus.
• Seminole Electric Cooperative: Florida-based G&T cooperative providing wholesale generation and transmission to member distribution cooperatives. Shares WFEC's cooperative ownership model, member-driven B2B GTM, and focus on reliable baseload and intermediate generation supply.
• Associated Electric Cooperative: Missouri-based G&T cooperative supplying power to member distribution co-ops across multiple states through owned generation, transmission, and renewable assets. Directly comparable to WFEC in scale, operations, and multi-state cooperative structure.
• Golden Spread Electric Cooperative: Texas Panhandle and Southwestern G&T cooperative serving member distribution co-ops with owned and contracted generation. Closely comparable to WFEC in regional geography, cooperative structure, and mixed fossil-renewable portfolio.
• Brazos Electric Power Cooperative: Texas-based G&T cooperative providing wholesale generation and transmission to member distribution cooperatives. Shares WFEC's cooperative ownership, generation portfolio mix, and member-driven long-term contractual model.
• Oglethorpe Power Corporation: Georgia-based G&T cooperative serving 38 member distribution electric membership corporations with generation, transmission, and renewable resources. Highly comparable to WFEC in cooperative structure and generation-transmission business focus.
• PowerSouth Energy Cooperative: Alabama-based G&T cooperative supplying wholesale power to member distribution cooperatives across Alabama and Northwest Florida. Comparable to WFEC in cooperative ownership model, generation portfolio diversity, and transmission operations.

Broad incumbents

• Oklahoma Gas & Electric (OG&E): Investor-owned utility providing generation, transmission, and distribution across Oklahoma and Arkansas. Operates in WFEC's primary geography with overlapping generation and transmission capabilities, but differs as a vertically integrated investor-owned utility rather than a member-owned cooperative.

Others

• NextEra Energy: Strategic partner on the Chaves II Solar Farm and one of the largest renewable energy developers in the US. Comparable as a large-scale generation owner and a key counterparty in WFEC's renewable supply strategy, though operating under an investor-owned utility and competitive IPP model.
• Southwest Power Pool (SPP): Regional transmission organization coordinating the bulk power grid across WFEC's service territory and much of the central US. Relevant as the system operator and reserve capacity market administrator that WFEC interacts with for transmission services and reliability coordination.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Western Farmers Electric Cooperative