SLEMCO
SLEMCO is a member-owned electric distribution cooperative founded in 1937 and headquartered in Lafayette, Louisiana, distributing electricity to residential and commercial members across the Acadiana region of South Louisiana under Louisiana Public Service Commission oversight via its SmartHub digital platform.
- Company typePrivate
- Founded1937
- HeadquartersLafayette, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What SLEMCO does
SLEMCO (South Louisiana Electric Membership Corporation) is a member-owned electric distribution cooperative founded in 1937 and headquartered in Lafayette, Louisiana. The cooperative distributes electricity to residential and commercial members across the Acadiana region of South Louisiana, operating within a regulated franchise territory under Louisiana Public Service Commission oversight. Its service footprint is supported by a headquarters at 2727 SE Evangeline Thruway in Lafayette and four additional service centers in Crowley, Kaplan, Washington, and Carencro. Headcount is reported at 251-500 employees.
The cooperative's core technology layer is the SmartHub account management platform, delivered as both a web portal and mobile apps (iOS and Android), which handles bill payment, billing and usage history, outage reporting, and power-restoration alerts. A real-time Service Outage Map provides visibility across the territory. Product offerings extend beyond core power distribution to security lighting, distributed generation interconnection for member-owned renewables, energy-conservation educational resources, member-benefit programs (capital credits, scholarships, Advancial Credit Union partnership), and community-assistance programs such as Operation Round-Up Grants. SLEMCO Biz functions as the commercial/industrial arm, providing new construction connections, builders and developers services, economic-development property listings (the 'SLEMCO Served Property' database), and pole-attachment rentals.
SLEMCO's business model is that of a regulated electric cooperative rather than an investor-owned utility: rates are set under LPSC oversight, there is no public stock listing, and excess revenue is returned to members through capital credits rather than distributed to outside shareholders. Revenue is therefore a function of regulated rates, member count, and consumption within the Acadiana service territory. The cooperative pursues customer acquisition and member engagement through SmartHub, the award-winning SLEMCO Power Magazine, Facebook outreach, hurricane preparedness and electrical safety education programs, and an annual meeting. Recognition includes a #7 ranking in the 2021 J.D. Power Electric Utility Business Customer Satisfaction Study (score of 808 versus a national average of 748) and 2025 Acadiana's Choice Awards in customer service and workplace categories.
SLEMCO firmographics
Firmographics- Name
- SLEMCO
- Legal name
- SLEMCO
- Website
- https://slemco.com
- Company type
- Private
- Founded year
- 1937
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- SLEMCO is a member-owned electric distribution cooperative founded in 1937 and headquartered in Lafayette, Louisiana, distributing electricity to residential and commercial members across the Acadiana region of South Louisiana under Louisiana Public Service Commission oversight via its SmartHub digital platform.
- Ownership category
- akta.pro rank
SLEMCO industry classification
Industry- Product category
- Electric Utility Distribution
- NAICS
- Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Services-Membership Organizations (8600)
- akta.pro primary industry
- Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)
Keywords
Where SLEMCO is headquartered
LocationHeadquarters
- HQ city
- Lafayette
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
SLEMCO business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D
Distribution channels2 records
Marketing channels4 records
SLEMCO product offering
Product offeringCore offering
SLEMCO is a member-owned electric distribution cooperative that delivers electricity to residential members and commercial/industrial customers across South Louisiana's Acadiana region via owned distribution infrastructure. Core revenue-generating services include residential and commercial connections (new service, transfers, disconnects), billing and outage management through the SmartHub platform, outdoor security lighting, and a distributed generation interconnection program. Member benefit and community programs such as capital credits, scholarships, and Operation Round-Up Grants reinforce the cooperative model.
Product overview
SLEMCO (South Louisiana Electric Membership Corporation) is a member-owned electric utility cooperative providing power distribution services across South Louisiana. The company operates as a single unified offering centered on electricity generation, transmission, and distribution, with a core customer-facing platform called SmartHub for account management. Additional services include residential and commercial electric service connections, security lighting, distributed generation programs for renewable energy producers, energy conservation education resources, member benefit programs (scholarships, capital credits), community support initiatives (Operation Round-Up Grants), and commercial real estate property listings for economic development. SLEMCO Power Magazine serves as the company's award-winning publication for member communications.
Differentiator
Problem solved
Functional benefit
Brands
- SmartHub: Online account management tool for reporting outages, paying bills, and viewing billing and usage history.
- SLEMCO Power Magazine
Products and services
- Residential Electric Service Electric power distribution for residential members in the Acadiana service territory, including new connections, transfers, disconnects, billing, and account management.
- SLEMCO Biz (Commercial Electric Service) Electric service offerings for businesses, including new commercial construction connections, economic development property listings, builders and developers services, pole attachment rentals, and business account services in South Louisiana.
- SmartHub Account Management Platform Customer account management platform that allows members to pay bills, view billing and usage history, report power outages, and receive alerts when power is out or restored; available as web portal and mobile app for Apple iOS and Android.
- Security Lights Outdoor security lighting service for residential members to enhance property safety, delivered through SLEMCO's distribution infrastructure.
- Distributed Generation Interconnection Program Program for members who generate their own electricity from renewable sources to interconnect with the SLEMCO distribution grid.
Companies that use SLEMCO
Customer profileSegments2 records
Ideal customer profiles2 records
SLEMCO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
SLEMCO partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights6 records
SLEMCO competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
SLEMCO social profiles
Digital presenceSLEMCO financial estimates
Financial estimateRevenue estimate
Valuation estimate
SLEMCO leadership team
Management profileNumber of profiles
Profiles4 records
SLEMCO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SLEMCO 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 SLEMCO
What does SLEMCO do?
SLEMCO is a member-owned electric distribution cooperative that delivers electricity to residential members and commercial/industrial customers across South Louisiana's Acadiana region via owned distribution infrastructure. Core revenue-generating services include residential and commercial connections (new service, transfers, disconnects), billing and outage management through the SmartHub platform, outdoor security lighting, and a distributed generation interconnection program. Member benefit and community programs such as capital credits, scholarships, and Operation Round-Up Grants reinforce the cooperative model.
Is SLEMCO a public or private company?
SLEMCO is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was SLEMCO founded?
SLEMCO was founded in 1937. It employs 251 to 500 people.
Where is SLEMCO based?
SLEMCO is headquartered in Lafayette, United States, in the North America region.
Does SLEMCO have an API?
No public API is recorded for SLEMCO.
What industry is SLEMCO in?
SLEMCO's product category is Electric Utility Distribution. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities). Its NAICS code is 221122 and its SIC code is 4911.