Farmers Electric Cooperative

What Farmers Electric Cooperative does

Farmers Electric Cooperative is a member-owned, non-profit rural electric utility cooperative founded in 1937, headquartered in Greenville, Texas, and serving residential and commercial members across a service territory in Northeast Texas. Its core business is regulated electricity distribution: delivering power through cooperative-owned distribution infrastructure to members within its exclusive franchise area. The cooperative is governed by its member-customers, with no identified parent company or institutional/PE ownership.

The cooperative's core product is standard electricity distribution service to members. In December 2025, Farmers Electric Cooperative entered a strategic partnership with Base Power, a Texas-based energy technology company, to launch a Residential Battery Program — described as the first such program in Northeast Texas. The program deploys 20 MW of networked residential batteries managed by Base Power, providing members with affordable backup power during outages while enabling grid services such as energy optimization and grid stability enhancement for the cooperative's service territory. The battery program is structured as an add-on module layered on top of the co-op's existing distribution service rather than a standalone product.

As a non-profit cooperative, Farmers Electric Cooperative does not generate returns for external shareholders; revenue mechanics are member-rate-based electricity tariffs (not publicly disclosed in available sources). Go-to-market is membership-driven distribution through the existing grid, with no external marketing or sales motion documented. The cooperative operates a lean organization of 11-50 employees and has no disclosed subsidiaries, funding rounds, M&A, or leadership changes in the available data.

Name

Farmers Electric Cooperative

Legal name

Farmers Electric Cooperative

Website

https://farmerselectric.coop

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

11–50 employees

Short description

Farmers Electric Cooperative is a member-owned rural electric distribution cooperative founded in 1937, serving residential and commercial members across Northeast Texas. It recently partnered with Base Power to launch a 20 MW networked residential battery program.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Other Electric Power Generation (221118)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

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

akta.pro secondary industries

Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Community Microgrids (Neighborhood, Municipal, Cooperative) (EUAFAJAC), Community Microgrids & Shared Distributed Generation (EUACALAC)

Keywords

• Rural electric utility
• Electricity distribution services
• Residential battery storage
• Cooperative energy services
• Grid stability services

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Core offering

Farmers Electric Cooperative is a member-owned rural electric utility cooperative that distributes electricity to residential and commercial members across Northeast Texas. In partnership with Base Power, the cooperative has launched the first residential battery program in Northeast Texas, deploying 20 MW of networked residential batteries to provide affordable backup power and grid services such as energy optimization and grid stability enhancement.

Product overview

Farmers Electric Cooperative is a member-owned electric utility cooperative serving Northeast Texas. The cooperative operates as a single unified utility service provider, recently expanding its offering through a partnership with Base Power to deliver a residential battery program. This program represents a new product module added to the co-op's core electricity distribution services, enabling members to access affordable backup power through networked residential battery systems managed by Base Power.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Utility Services Electricity distribution services provided to members in Northeast Texas, including standard power supply and grid connectivity for residential and commercial customers of the cooperative.
• Residential Battery Program A managed residential battery program offered in partnership with Base Power, providing cooperative members with affordable backup power, energy optimization, and grid stability services through 20 MW of networked residential battery storage deployed across the Northeast Texas service territory.

Quantifiable outcome

• 20 MW of networked residential battery capacity deployed for grid optimization and outage protection

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Base PowercoreStrategic or Co-development Partner · 11 December 2025Base Power, a Texas-based company, has partnered with Farmers Electric Cooperative to develop a residential battery program in Northeast Texas. The initiative involves deploying 20 MW of networked residential batteries managed by Base Power to optimize energy use and enhance grid stability. This represents the first residential battery program in Northeast Texas.

Scale indicators2 records

Recent moves2 records

Expansion highlights3 records

Emerging players

• Sonnen: Residential and community battery storage provider focused on networked home batteries and virtual power plant aggregation. Closely comparable technology and business model to the Base Power deployment at Farmers Electric.
• Base Power: Texas-based residential battery startup that is Farmers Electric's strategic partner for the 20 MW networked battery program. Directly comparable as a provider of networked residential energy storage and grid services to cooperative utilities.

Broad incumbents

• Pedernales Electric Cooperative: Largest electric cooperative in Texas, serving a comparable rural and suburban Texas membership base. While substantially larger in scale, Pedernales is a direct structural analog (member-owned distribution cooperative) and a potential partner or template for cooperative-led DER programs in Texas.
• Tesla Energy: Provider of Powerwall residential batteries and energy products. Relevant incumbent in the residential battery and grid services space that cooperatives like Farmers Electric compete against or partner with for member offerings.
• Stem Inc: Provider of distributed energy storage and grid services software that aggregates behind-the-meter assets for utilities and cooperatives. Comparable in the grid services and DER aggregation function that Farmers Electric's battery network enables.

Direct peers

• Deep East Texas Electric Cooperative: A rural Texas electric cooperative serving East Texas counties with electricity distribution and member services. Highly comparable in geography, customer base (residential members), cooperative governance model, and likely operational scale.
• Cherokee County Electric Cooperative: Member-owned electric cooperative serving Cherokee County and surrounding areas in East Texas. Closely comparable in size, geographic setting, customer type, and product scope to Farmers Electric Cooperative.
• Wood County Electric Cooperative: Rural East Texas electric cooperative with a similar member-owned governance structure and residential service focus. Comparable in scale and operating model to Farmers Electric Cooperative.
• Houston County Electric Cooperative: Electric cooperative serving Houston County and adjacent East Texas areas. Comparable cooperative utility model, residential member base, and rural distribution profile.
• Navasota Valley Electric Cooperative: Texas electric cooperative providing distribution services to residential and commercial members in a multi-county rural territory. Comparable governance, product set, and customer composition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FarmersEC
• LinkedInlinkedin.com/company/farmers-electric-cooperative-texas

Revenue estimate

Valuation estimate

Number of profiles

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 Farmers Electric Cooperative