Co-Mo Electric Cooperative

What Co-Mo Electric Cooperative does

Co-Mo Electric Cooperative is a member-owned, not-for-profit electric distribution cooperative headquartered in Tipton, Missouri, founded in 1939. The cooperative operates within a three-tier structure: power is generated by Associated Electric Cooperative Inc., transmitted by Central Electric Power Cooperative, and distributed directly to approximately 30,000 meters across 2,300 square miles of Central Missouri, spanning from the Missouri River south to the Lake of the Ozarks and Truman Dam. The cooperative serves residential, commercial, agricultural, and large-power (>100 kVa) customers with tiered monthly subscription pricing that includes availability charges ($35-$300) plus per-kWh rates around 8-9¢ and demand charges up to $11.50/kW.

In 2010, Co-Mo launched a wholly-owned communications subsidiary, Co-Mo Comm (operating as Co-Mo Connect), to deliver fiber-to-the-home broadband, television, and home phone services — addressing rural connectivity where for-profit providers had not extended service. The broadband subsidiary now serves approximately 35,000 subscribers with symmetrical speeds up to 1 Gigabit, making it the larger of Co-Mo's two operating businesses by subscriber count. Supporting the core utility operations, the cooperative offers an extensive ancillary product surface including prepaid metering (Empower Rates), outdoor lighting, net metering for distributed solar, an EV program (ChooseEV), energy efficiency rebates and audits, and capital credits returns to member-owners.

Co-Mo's business model is recurring monthly subscription across both electric and broadband services, supplemented by community development financing (USDA REDLG loans and an internal revolving loan fund), economic development services, and member engagement programs including Operation Round Up ($1.9M+ distributed since 1997), CYCLE/Youth Tour leadership programs, lineman and college scholarships, and an award-winning children's education program (Cat & Duck, Lineman Larry, Chip Thunder brands). The cooperative employs nearly 200 full-time staff across four locations (Tipton HQ, Tipton Operations, Lake Business Center in Sunrise Beach, and Laurie Lake District office), operates under a nine-member elected board, and is governed under a member-owned cooperative charter with regulatory framework inherited from the Rural Electrification Administration era.

Name

Co-Mo Electric Cooperative

Legal name

Co-Mo Connect Powered by Co-Mo Electric Cooperative

Website

https://co-mo.coop

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

51–100 employees

Short description

Co-Mo Electric Cooperative is a member-owned, not-for-profit electric and fiber broadband cooperative serving approximately 30,000 electric meters and 35,000 broadband subscribers across 2,300 square miles of Central Missouri, headquartered in Tipton since 1939.

Ownership category

akta.pro rank

Product category

Electric Utility 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

Competitive Local Exchange Carriers (CLECs) (HDAIABAB)

Keywords

• Electric utility services
• Fiber broadband internet
• Rural electrification
• Electric distribution
• Cooperative energy

Headquarters

HQ city

Tipton

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Service: Revenue from electricity distribution to approximately 30,000 meters. Co-Mo operates as a not-for-profit cooperative where revenues exceeding operating expenses are allocated back to members as capital credits based on electricity usage.
2. Fiber Internet, TV, and Home Phone Services: Broadband and telecommunications services provided through Co-Mo Connect subsidiary to approximately 35,000 subscribers. Provides up to 1 Gigabit symmetrical internet speeds.
3. Outdoor Lighting: Monthly service charges for dusk-to-dawn outdoor security lighting installed on existing Co-Mo poles, with free installation and maintenance.
4. Capital Credits Returns: As a not-for-profit cooperative, margins are allocated to members as capital credits based on usage. When the board retires these credits, members receive refunds, demonstrating the cooperative structure where excess revenue is returned to member-owners.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Co-Mo Electric Cooperative is a member-owned, not-for-profit electric distribution cooperative providing reliable electricity service to approximately 30,000 meters across 2,300 square miles of Central Missouri. Through its Co-Mo Connect subsidiary, launched in 2010, the cooperative also delivers fiber-to-the-home broadband internet, television, and home phone services to approximately 35,000 subscribers at symmetrical speeds up to 1 Gigabit.

Product overview

Co-Mo Connect Powered by Co-Mo Electric Cooperative is a member-owned electric cooperative and broadband services provider offering a diversified portfolio of utility and community services. The core offerings include electric distribution service (serving approximately 30,000 meters across 2,300 square miles of Central Missouri) and fiber broadband internet (delivering up to 1 Gigabit symmetrical speeds to 35,000 subscribers). Supporting these core services, the cooperative provides SmartHub member portal for account management and bill payment, home phone service, prepaid metering options, outdoor lighting, net metering for solar interconnection, energy efficiency rebates and audits, and EV support programs. Community engagement products include Operation Round Up charitable giving, college and lineman scholarships, CYCLE and Youth Tour leadership programs, Power Pals pen pal program, and the Mark Imhoff Memorial Lineman Scholarship Golf Tournament. Educational materials include Cat & Duck and Lineman Larry children's books. The cooperative was founded in 1939 and launched broadband services in 2010 through its Co-Mo Comm subsidiary.

Differentiator

Problem solved

Functional benefit

Brands

• Co-Mo Connect: Fiber-to-the-home broadband services including internet, television, and home phone provided by the cooperative's communications subsidiary
• Cat and Duck
• Co-Mo Cares
• Lineman Larry
• Co-Mo Joe
• Chip Thunder

Products and services

• Co-Mo Connect Electric Distribution Service Electric distribution service providing power to approximately 30,000 meters across 2,300 square miles in Central Missouri, serving residential, commercial, and agricultural members.
• Co-Mo Connect Fiber Broadband Internet Fiber-to-the-home internet service providing symmetrical upload and download speeds up to 1 Gigabit, serving approximately 35,000 subscribers across rural mid-Missouri communities.
• Co-Mo Connect Home Phone Service Home phone service bundled with fiber internet offerings as part of Co-Mo Connect's telecommunications services for residential and business subscribers.
• SmartHub Member Portal and Mobile App

Quantifiable outcome

• Member satisfaction consistently rated in the 90th percentile
• +3 more outcomes

Named customers3 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

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Childcare Village Inc.minorStrategic or Co-development Partner · 1 November 2024Nonprofit childcare organization received funding through Co-Mo Connect's revolving loan fund program to establish first facility in California, MO serving 35-40 children. Represents Co-Mo's mission to improve quality of life through community support beyond core utility services.
• Associated Electric Cooperative Inc.coreStrategic or Co-development PartnerPower generation partner for Missouri electric cooperatives. Associated generates power to serve 51 distribution cooperatives in Missouri, southern Iowa, and northeast Oklahoma. Co-Mo receives power through this cooperative relationship.
• Central Electric Power CooperativecoreStrategic or Co-development PartnerRegional transmission cooperative based in Jefferson City, MO that owns and maintains substations serving Co-Mo's system. Co-Mo is one of six transmission cooperatives in Missouri's electric system.
• Modern LithominorOthersMissouri-based printing company used by Co-Mo for printing educational children's books including Cat & Duck series and Lineman Larry books
• State Technical College of MissouriminorStrategic or Co-development PartnerTechnical college in Linn, MO partnering with Co-Mo for the Lineman Scholarship program. Students attending the Electrical Distribution Systems (EDS) program may receive Co-Mo Connect Lineman Scholarships with post-graduation employment commitment.
• Ozarks Technical Community CollegeminorStrategic or Co-development PartnerTechnical college in Lebanon, MO partnering with Co-Mo for the Lineman Scholarship program. Students attending the Electrical Distribution Systems (EDS) program may receive Co-Mo Connect Lineman Scholarships with post-graduation employment commitment.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Ozark Electric Cooperative: Member-owned rural electric distribution cooperative serving southwest Missouri. Closely comparable: distribution cooperative with broadband subsidiary (Connected Community Solutions), residential and large-power members, capital credit returns, and community-focused programming.
• Callaway Electric Cooperative: Central Missouri distribution cooperative serving adjacent territory to Co-Mo. Comparable: cooperative member-owned electric utility within the same regional power pool (Central Electric transmission), similar rate structures, and community engagement programs.
• Consolidated Electric Cooperative: Missouri-based rural electric cooperative providing distribution service in north-central Missouri. Comparable structure, governance, and service offerings, including member engagement programs and capital credit returns.
• SEMO Electric Cooperative: Southeast Missouri electric distribution cooperative with member-owned structure. Similar cooperative model serving rural southeast Missouri members with electricity distribution, community programs, and capital credits.
• Intercounty Electric Cooperative: Missouri rural electric distribution cooperative whose former CEO (Aaron Bradshaw) now leads Co-Mo. Highly comparable operations, member-services orientation, and cooperative regulatory framework within the same statewide ecosystem.
• Platte-Clay Electric Cooperative: Member-owned distribution cooperative serving Platte and Clay counties in Missouri with electric and broadband services through a wholly-owned subsidiary. Closely comparable dual electric+fiber utility model.
• Lake Region Electric Cooperative: Member-owned distribution electric cooperative serving rural Minnesota. Comparable structure, capital credits, member-owned governance, and rural electrification mission with diversified member services.

Others

• Central Electric Power Cooperative: Transmission-level electric cooperative that owns/operates the substations serving Co-Mo's distribution system. Listed as a partner; comparable as a Missouri cooperative-tier entity in the same three-tier structure.
• Associated Electric Cooperative Inc. Generation and transmission cooperative supplying wholesale power to 51 distribution cooperatives including Co-Mo. Comparable as a Missouri cooperative-tier organization, though at the upstream G&T level rather than distribution.
• Sho-Me Power Electric Cooperative: Missouri transmission cooperative providing high-voltage power delivery to several Missouri distribution coops including, at times, dispatch interfaces with Co-Mo's territory. Comparable as a tier-2 cooperative infrastructure provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/co-mo-electric-cooperative-inc
• Xx.com/comoelectric

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

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 Co-Mo Electric Cooperative