Illinois Electric Cooperative

Name

Illinois Electric Cooperative

Legal name

Illinois Electric Cooperative

Website

https://e-co-op.com

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

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

akta.pro secondary industries

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Grid Interconnection, Power Quality & Electrical Infrastructure Service (Transformers, Switchgear) (TLAKAMAM), Network Engineering, Integration & Field Deployment Services (Design, Build, Test) (EUADAIAM)

Keywords

• Rural electric distribution
• Member-owned utility cooperative
• Broadband internet service
• Renewable energy generation
• Electric vehicle charging

Headquarters

HQ city

Winchester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Service: Sale of electricity to residential, commercial, and agricultural members across 10 western-central Illinois counties. Revenue derived from facility charges, delivery charges per kWh, and purchased power pass-through. Multiple rate schedules exist including Rate A (residential up to 40,000 kWh/year), Rate AD (demand over 60 kW), Rate B (over 40,000 kWh/year), Large Power, Interruptible Large Power, and special rates for irrigation and life-line customers.
2. Internet Service: Broadband internet service delivered via fiber optic and wireless technologies. Monthly subscription rates ranging from $51.95 to $61.98 depending on speed tier (10 Mbps or 25 Mbps) and membership status. Additional fees include $100 activation and $150 professional installation (free for members).
3. Solar/Wind Energy Sales: Renewable energy generation from solar plant (840,000 kWh/year) and wind turbine (1.65 MW) sold back to grid through Prairie Power Inc.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Illinois Electric Cooperative distributes electricity to residential, commercial, and agricultural members across ten western-central Illinois counties through approximately 3,000 miles of distribution infrastructure. The cooperative also delivers broadband internet service to members via fiber optic and fixed wireless networks, and operates renewable generation assets (solar and wind) that feed back to the grid.

Product overview

Illinois Electric Cooperative operates as a member-owned electric utility providing electricity and internet services to rural western-central Illinois. The company offers a dual-core product portfolio: (1) Electricity service with multiple rate schedules including Rate A (residential), Rate B, Large Power, and Interruptible rates for commercial/industrial customers; and (2) Internet service available via two delivery platforms—wireless internet (up to 25 Mbps) and fiber optic internet. Additional services include member solar programs, EV charging stations, energy efficiency loans, tree trimming, and the Co-op Connections discount program. The cooperative also operates renewable energy assets including the Scott County Solar Plant and wind turbines.

Differentiator

Problem solved

Functional benefit

Brands

• IRTC (Illinois Rural Telecommunication Co.): Subsidiary providing internet and telecommunications services including wireless and fiber broadband internet access
• CalhounFiber
• CalhounFiber.com

Quantifiable outcome

• 840,000 kWh/year renewable energy production from Scott County Solar Plant
• +3 more outcomes

Named customers4 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• TaranacoreTechnology or Integration · 1 October 2025Illinois Electric Cooperative deployed Tarana's ngFWA (next-generation Fixed Wireless Access) platform to provide high-speed broadband internet to customers in areas where fiber deployment was deemed too costly. The solution delivered high-performance connectivity at a fraction of the cost and time associated with traditional all-fiber approaches.
• John Wood Community CollegecoreStrategic or Co-development Partner · 24 May 2023IEC unveiled its first public electric vehicle charging station at JWCC's Southeast Education Center near Pittsfield. The charging station located along Highway 54 allows two electric vehicles to charge simultaneously. JWCC President Dr. Bryan Renfro expressed excitement about the collaboration.
• charg*EV* LLCcoreChannel Partner/ Reseller/ Distributor · 1 January 2020charg*EV* LLC was created in 2020 by 31 electric cooperatives throughout Illinois, Iowa, Minnesota, and Wisconsin to help promote electric vehicle adoption. IEC became an affiliate, allowing their charging stations to be shown on the charg*EV* online charging station map used by EV drivers nationwide.
• Prairie Power Inc.coreStrategic or Co-development PartnerPrairie Power Inc. is a power supplier serving Illinois Electric Cooperative and nine other distribution cooperatives in Illinois. IEC purchases power from Prairie Power and receives delivery at 20 substations. Prairie Power also owns transmission lines serving IEC's territory.
• Touchstone EnergycoreGTM or Marketing PartnerIEC is a member of Touchstone Energy—a national alliance of local, consumer-owned electric cooperatives providing high standards of service. More than 700 Touchstone Energy cooperatives in 46 states deliver energy to more than 30 million members. Core principles: integrity, accountability, innovation, and commitment to community.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Spoon River Electric Cooperative: West-central Illinois electric cooperative headquartered in Canton, IL. Operates as a Prairie Power Inc. member distribution co-op, directly paralleling IEC's wholesale supply and distribution relationship, and serves a similarly rural, agricultural customer base.
• Adams Electric Cooperative: Adams County, Illinois-based rural electric cooperative serving a comparable mix of residential, agricultural, and small commercial members in western Illinois. Operates a similar member-owned model with overlapping service geography and member services.
• Eastern Illini Electric Cooperative: Illinois distribution cooperative serving rural east-central Illinois. Comparable in business model (member-owned co-op), product mix (residential/agricultural electric service), and reliance on Prairie Power or similar G&T suppliers for wholesale power.
• Corn Belt Energy Corporation: Central Illinois member-owned electric cooperative with a similar residential/agricultural customer mix and comparable rate-design philosophy. A relevant comp for the consumer-member, distribution-only co-op model.
• Shelby Electric Cooperative: Illinois rural electric cooperative serving Shelby and surrounding counties. Similar size, member-owned structure, and product mix (rate schedules, EV programs, member solar) — useful comparison for operational benchmarking against IEC.
• Menard Electric Cooperative: Central Illinois rural electric cooperative headquartered in Petersburg, IL, serving roughly the same customer profile (rural residential, farms, small commercial) within adjacent territory. Directly comparable in scale, governance, and rate structure to IEC.
• Southwestern Electric Cooperative: Illinois distribution cooperative serving rural members in southwestern Illinois. Comparable member-owned cooperative structure, distribution-only model, and member services portfolio.

Broad incumbents

• Ameren Illinois: Investor-owned utility serving Illinois with overlapping electricity distribution plus Ameren Illinois broadband initiatives. A broader, well-capitalized incumbent whose rate cases, technology investments, and broadband offerings set the competitive benchmark for rural co-ops like IEC.

Others

• Touchstone Energy: National alliance of 700+ consumer-owned electric cooperatives in 46 states. IEC is a member; the alliance provides co-branding, service standards, and shared marketing, making Touchstone an enabling ecosystem peer rather than a competitor.
• Prairie Power Inc. Generation-and-transmission cooperative supplying wholesale power to IEC and nine other Illinois distribution co-ops. Not a direct competitor but the upstream supplier whose generation mix and transmission pricing directly shape IEC's cost structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/illinoiselectric
• Xx.com/1936Coop
• LinkedInlinkedin.com/company/e-co-op

Revenue estimate

Valuation estimate

Number of profiles

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 Illinois Electric Cooperative