SLEMCO

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.

Name

SLEMCO

Legal name

SLEMCO

Website

https://slemco.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

101–250 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

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 industry

PRIMARYEUADABAC

Electric Cooperatives (Rural/Member-Owned Utilities)

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Distribution System Operators (DSOs) & Electric Distribution Utilities

Keywords

• Electric utility services
• Power distribution
• Member-owned cooperative
• Residential electricity
• Commercial electric service

Headquarters

HQ city

Lafayette

HQ country

United States

HQ region

North America

Offices5 records

Markets served

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

Core 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.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/officialslemcopage

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 SLEMCO