Presque Isle Electric & Gas Co-op

What Presque Isle Electric & Gas Co-op does

Presque Isle Electric & Gas Co-op (PIE&G) is a not-for-profit, member-owned utility cooperative incorporated in Michigan and headquartered in Onaway. Founded on September 22, 1937, as the first cooperative to bring electricity to rural northeast Michigan under the Rural Electrification Administration, PIE&G expanded into natural gas distribution in 1994 and into fiber broadband through its PIE&G Connect division in December 2020. The cooperative serves approximately 35,200 electric meters and 13,200 natural gas meters across nine counties in northeastern Michigan, operating 4,909 miles of electric distribution infrastructure (3,841 miles overhead, 1,068 miles underground) and 568 miles of gas pipeline.

PIE&G's core products are electricity distribution, natural gas distribution, and fiber internet (PIE&G Connect), supplemented by community solar subscriptions operated in partnership with SpartanSolar, energy optimization rebate programs, and SmartHub-enabled account management and outage reporting via web and the MYPIE&G mobile app. All electricity is procured through a single supply partnership with Wolverine Power Cooperative, whose portfolio is 62% carbon-free and 19% renewable. The cooperative is governed by a nine-member elected board under one-member-one-vote democratic principles and currently employs 110+ permanent staff.

Revenue is generated through regulated, recurring monthly charges across three utility streams: residential electric distribution (approximately 35,000 members), natural gas distribution (approximately 13,200 meters), and fiber broadband subscriptions. Distribution is direct to end-use members with no intermediaries. Pricing is regulated, with member-approved rate increases scheduled for February 2026 ($0.02159/kWh) and February 2027 ($0.02160/kWh), and a $20/month Ice Storm Recovery Fee approved at the June 24, 2025 member meeting to service a $150 million emergency line of credit from CoBank following the catastrophic March 2025 ice storm. The cooperative announced the acquisition of Aurora Gas Company, indicating inorganic geographic or service-territory expansion.

Name

Presque Isle Electric & Gas Co-op

Legal name

Presque Isle Electric & Gas Co-op

Website

https://pieg.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

101–250 employees

Short description

Not-for-profit, member-owned utility cooperative founded in 1937 providing regulated electricity distribution (35,200 meters), natural gas distribution (13,200 meters), and fiber internet (PIE&G Connect) to approximately 35,000 members across nine counties in rural northeastern Michigan.

Ownership category

akta.pro rank

NAICS

Electric Power Distribution (221122), Natural Gas Distribution (221210)

SIC

Electric Services (4911), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

Keywords

• Electric distribution
• Natural gas distribution
• Fiber internet services
• Member-owned cooperative
• Rural utility services

Headquarters

HQ city

Onaway

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Distribution: Distribution of electricity to approximately 35,200 electric meters across 9 counties. Revenue from electricity sales based on regulated rates.
2. Natural Gas Distribution: Distribution of natural gas to approximately 13,200 natural gas meters. Service began in 1994.
3. Fiber Internet (PIE&G Connect): High-speed internet service launched December 2020, dedicated to providing broadband access to rural members.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Presque Isle Electric & Gas Co-op is a member-owned, not-for-profit cooperative that distributes electricity to approximately 35,200 electric meters and natural gas to approximately 13,200 meters across nine counties in northeastern Michigan. The co-op also operates PIE&G Connect, a fiber-to-the-home broadband internet division launched in December 2020 to bring high-speed connectivity to underserved rural members.

Product overview

Presque Isle Electric & Gas Co-op (PIE&G) operates as a not-for-profit electric and natural gas cooperative serving northeastern Michigan. The company offers a portfolio of utility services including electric distribution (serving approximately 35,200 electric meters), natural gas distribution (serving approximately 13,200 gas meters), and fiber internet via its PIE&G Connect division. The co-op's power supply is provided by Wolverine Power Cooperative, with 62% carbon-free energy (19% renewable). Additional offerings include community solar subscriptions through SpartanSolar, energy optimization rebate programs, and an outage management center. All services are accessible through the SmartHub customer portal for account management, bill payment, and outage reporting.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Restored power to virtually all 35,000 members within 3 weeks after March 2025 ice storm
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Six partnerships are on record, tiered core.

• Wolverine Power CooperativecoreOthersPrimary power supplier providing all electricity to PIE&G members. Wolverine supplies 62% carbon-free energy including wind, solar, hydro, and Michigan's first utility-scale wind farm. Partnership enables PIE&G to offer renewable energy options to members.
• SpartanSolarcoreTechnology or IntegrationOperates community solar program for PIE&G members. Manages subscription enrollment, billing credits, and panel maintenance. Members purchase panel subscriptions ($600 upfront or $10/month) and receive kWh credits.
• National Rural Electric Cooperative Association (NRECA)coreStrategic or Co-development PartnerTrade association representing cooperative utilities. Actively lobbying for the Fixing Emergency Management for Americans (FEMA) Act to expedite future disaster relief delivery to cooperatives. Represented co-ops in FEMA Category F appeal process.
• IBEW Local 876coreStrategic or Co-development PartnerInternational Brotherhood of Electrical Workers union representing PIE&G lineworkers. Partners in Joint Michigan Apprentice Program (JMAP) with Wolverine Power Cooperative and Northwest Lineman College for lineman training and certification.
• PIE&G ConnectcoreOthersFiber internet division launched December 2020 to provide high-speed broadband to rural members. Part of broader co-op mission to serve community needs beyond traditional energy.
• Northwest Lineman CollegecoreStrategic or Co-development PartnerIndustry-leading utility training institution. Partners with Wolverine Power Cooperative and IBEW Local 876 in JMAP apprenticeship program that PIE&G lineworkers participate in (3.5-4 years, 320 classroom hours, 7,000 hands-on training hours).

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Others

• Wolverine Power Cooperative: Generation and transmission cooperative supplying all of PIE&G's wholesale electricity. Functions as PIE&G's exclusive upstream supplier rather than a competitor; structurally a cooperative peer but operates at the G&T layer, not end-customer distribution.

Broad incumbents

• Consumers Energy: Investor-owned Michigan utility providing electric and natural gas service across most of the Lower Peninsula. Overlaps with PIE&G in electricity and gas distribution but operates at vastly larger scale and across urban/suburban markets where PIE&G is not present.
• DTE Energy: Michigan's largest investor-owned utility with electric and gas distribution across southeast Michigan. Provides the broad incumbent benchmark for PIE&G's service categories, though serving much denser and more urban markets.

Direct peers

• Midwest Energy Cooperative: Southwest Michigan electric and natural gas cooperative with similar dual-utility offering and rural residential focus. Comparable on scale, cooperative governance, and multi-service bundle.
• SEMCO Energy: Michigan natural gas distribution utility serving similar residential customers across the state. Directly comparable on the gas distribution side of PIE&G's business, though structured as an investor-owned utility rather than a cooperative.
• Cherryland Electric Cooperative: Michigan electric distribution cooperative serving the Grand Traverse region with comparable rural residential customer base and member-owned governance model. Closely aligned on service type, scale, and operating philosophy.
• HomeWorks Tri-County Electric Cooperative: Member-owned electric distribution cooperative serving rural central Michigan with comparable scale, regulated rates, and rural residential customer profile. Operates under the same Michigan co-op framework as PIE&G.
• Great Lakes Energy Cooperative: Member-owned electric cooperative serving rural western and northern Michigan with similar residential focus, regulated distribution model, and multi-county territory. Structurally and operationally the closest peer to PIE&G in Michigan's co-op ecosystem.
• Cloverland Electric Cooperative: Michigan electric cooperative serving the eastern Upper Peninsula with similar rural distribution mandate, regulated rates, and member-elected governance. Adjacent in geography to PIE&G's service territory.

Emerging players

• Spartan Solar: Operates PIE&G's Community Solar Program under partnership, managing subscription enrollment, billing credits, and panel maintenance. A smaller emerging player in community solar with partial overlap on PIE&G's renewable product offering.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCdAj1_ChS5bjepb8wSWnGgQ
• Facebookfacebook.com/PIEGCooperative
• Instagraminstagram.com/piegcooperative

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Presque Isle Electric & Gas Co-op