Okefenoke Rural Electric Membership Corporation

What Okefenoke Rural Electric Membership Corporation does

Okefenoke Rural Electric Membership Corporation (OREMC) is a private, not-for-profit electric distribution cooperative founded in 1939 and headquartered in Nahunta, Georgia. It distributes electricity to over 42,000 residential, commercial, and industrial consumer-members across an 8-county, 3,500-square-mile service territory spanning southeast Georgia (Brantley, Camden, Charlton, Glynn, Ware, and Wayne counties) and northeast Florida (Baker and Nassau counties), via 3,564 miles of energized line and 18 substations. The cooperative is owned by its consumer-members under a capital-credits patronage model, returning excess margins to members rather than external shareholders, and is governed by a 9-member elected board of directors.

Name

Okefenoke Rural Electric Membership Corporation

Legal name

Okefenoke Rural Electric Membership Corporation

Website

https://oremc.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

51–100 employees

Short description

OREMC is a not-for-profit electric distribution cooperative serving 42,000+ residential, commercial, and industrial members across 8 counties in southeast Georgia and northeast Florida via 3,564 miles of line, operating under a member-owned capital credits patronage model.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

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

SIC

Electric Services (4911)

akta.pro primary industry

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

Keywords

• Rural electric cooperative
• Electric distribution services
• Community solar program
• Capital credits allocations
• Outage management system

Headquarters

HQ city

Nahunta

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Distribution Service: Monthly billing for electricity distribution services to residential, commercial, and industrial consumer-members. Revenue is generated through kilowatt-hour consumption charges, base rates, and applicable power cost adjustments. The cooperative operates on a not-for-profit basis, returning excess margins to members through capital credits.
2. Cooperative Solar Subscriptions: Monthly subscription fees of $20 per block of solar energy. Each block represents approximately 1 kW of solar capacity producing 120-200 kWh monthly. Available to non-PrePay members without interconnection agreements.
3. Power Up Lending Program: Financing on energy-efficient home improvements through partnership with GoEnergy Credit Union. Loan amounts range from $500 to $25,000 with 9.9% interest rates for terms of 36-96 months.
4. Generator Program: OREMC facilitates Generac home standby generator sales through dealer network with special premier pricing and financing options. Revenue generated through program partnerships.
5. Outdoor Lighting: Monthly rental and maintenance fees for LED outdoor lighting installations for residential and commercial properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

OREMC distributes electricity across 3,564 miles of line and 18 substations to 42,000+ residential, commercial and industrial consumer-members across eight counties in southeast Georgia and northeast Florida. The cooperative supplements its core electric distribution service with subscription-based Cooperative Solar community solar, Rooftop Solar interconnection, a Generac standby generator program, outdoor LED lighting, PrePay service, energy-efficiency financing via GoEnergy Credit Union and capital credits patronage refunds.

Product overview

Okefenoke Rural Electric Membership Corporation (OREMC) operates as an electric cooperative providing core electricity distribution service to over 42,000 residential, commercial, and industrial customers across southeast Georgia and northeast Florida. The company's product portfolio centers on its Member Portal platform, which integrates billing options (Pick Your Date, E-Billing, Levelized Billing), diverse payment methods (Bank Draft, Auto-Pay, Credit/Debit Card, E-Check, Text to Pay, PrePay, SEDC retail cash payments), and program enrollments. Energy-related add-on modules include the Cooperative Solar Program (subscription-based community solar with over 2 MW capacity across three sites), Rooftop Solar Interconnection, Generator Program (Generac home backup with financing), Outdoor Lighting, and Right of Way Maintenance. Additional services include Capital Credits (member ownership returns), Scholarships ($2,000 x 10 annually), Youth Tour (annual D.C. leadership trip), Golf Tournament (35th year in 2026), OREMC Foundation (community grants), Medically Essential Service, Vehicle Auction, and Outage Reporting System with SCADA integration.

Differentiator

Problem solved

Functional benefit

Brands

• OREMC Foundation: Nonprofit charitable organization established as a community development initiative supporting education, community health and economic development in the OREMC service area.
• Cooperative Solar Program
• Generac Home Backup Generator Program
• Power Up Lending Program

Products and services

• Electric Distribution Service Core electricity distribution service powering 42,000+ residential, commercial and industrial consumer-members across southeast Georgia and northeast Florida.
• Cooperative Solar Program Subscription-based community solar program allowing members to purchase solar energy blocks at $20 per block monthly without installing rooftop equipment; each block represents approximately 1 kW producing 120–200 kWh per month.
• Rooftop Solar Interconnection Residential rooftop solar and distributed generation interconnection service with policies, procedures and applications for connecting member-owned renewable energy systems to OREMC's distribution grid.
• Generator Program Home backup generator program offering Generac automatic standby generators with free in-home assessment, installation support and financing options through GoEnergy Credit Union at 9.90% APR.
• Outdoor Lighting LED outdoor lighting installation and maintenance program for residential and commercial properties, offering area lighting, decorative lighting, flood lighting and roadway lighting under a monthly rental model.
• PrePay Electric Service Pay-as-you-go electricity service with no bills, due dates, late fees or deposits, allowing members to monitor balance and usage through the Member Portal and receive low-balance alerts.
• Power Up Lending Program Energy improvement financing program in partnership with GoEnergy Credit Union offering loans from $500 to $25,000 at 9.9% interest for energy-efficient upgrades including generators, HVAC units, roofs, windows and appliances.
• Service Connection New and existing electric service connection including $25 membership fee, $35 connect/transfer fee, optional deposit based on credit history and a construction workflow process for new service locations.

Quantifiable outcome

• Capital credits totaling $1,964,986.28 returned to members in 2025 (64th consecutive year)
• +3 more outcomes

Named customers4 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

Integration4 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• Southeast Cancer Unit, Inc.flagshipStrategic or Co-development Partner · 1 June 2026Annual golf tournament beneficiary. OREMC's 35th Annual Golf Tournament (April 2026) raised $29,000 for the Southeast Cancer Unit, Inc., a volunteer organization helping cancer patients in Brantley, Pierce, and Ware counties with medical expenses.
• Coastal Pines Technical CollegecoreStrategic or Co-development Partner · 1 September 2025OREMC made a $7,000 investment in education and workforce development, supporting the CPTC Electrical Lineworker Certificate program's supply, equipment needs, and scholarships for enrolled students.
• GeneraccoreTechnology or IntegrationOREMC promotes Generac automatic standby generators through a dealer partnership. Generac created the home standby generator category and is the #1 selling brand of home backup generators. OREMC offers special premier pricing and financing through GoEnergy Credit Union at 9.90% interest.
• Georgia EMCcoreStrategic or Co-development PartnerGeorgia EMC administers the Walter Harrison Scholarship program, honoring rural electrification pioneers. OREMC submits applications for two scholarship winners annually to be judged among applications from students across the state. Two OREMC winners were selected from 19 winners statewide out of 86 finalists in 2026.
• National Rural Electric Cooperative Association (NRECA)coreStrategic or Co-development PartnerOREMC participates in NRECA programs including the Robert I. Kabat Management Internship Program, Certified Key Account Executive certification, and GE Six Sigma Green Belt certification. NRECA provides professional development and industry resources for electric cooperatives.
• JJ Kane AuctioneersminorOthersOREMC partnered with JJ Kane Auctioneers for online auction of retired fleet vehicles including two Altec material handling bucket trucks.
• Georgia Transmission CorporationcoreTechnology or IntegrationOREMC works with Georgia Transmission Corporation for transmission system coordination. Former OREMC Manager of Engineering Darren Crews spent time at Georgia Transmission Corporation as a Transmission Service Engineer for the southeast region.
• Rural Electrification Administration (REA)coreStrategic or Co-development PartnerOriginal funding source from 1939 when five individuals secured REA funding to build lines and bring electricity to rural southeast Georgia and northeast Florida. Historical foundation of the cooperative.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Seminole Electric Cooperative: A Florida generation-and-transmission cooperative that serves as a wholesale power supplier to distribution co-ops across peninsular Florida. Broad incumbent comparable in cooperative structure and energy supply economics.
• PowerSouth Energy Cooperative: A generation-and-transmission cooperative serving member distribution co-ops across Alabama and the Florida panhandle. Comparable cooperative structure and end-customer economics operating one layer upstream of OREMC-style distribution.
• Oglethorpe Power Corporation: A generation-and-transmission cooperative that supplies wholesale power to Georgia's EMCs including OREMC. Comparable in cooperative economics and end-customer alignment while operating one layer upstream of distribution.
• Georgia Transmission Corporation: An OREMC transmission partner that operates the high-voltage transmission system serving Georgia's electric membership corporations. Adjacent-infrastructure partner with the same end customers and regulatory oversight, making it a strategically comparable entity for energy delivery economics.

Direct peers

• Altamaha Electric Membership Corporation: A Georgia-based electric distribution cooperative serving residential and business members with similar not-for-profit, member-owned economics. Direct overlap in operating model, regulatory framework, and member programs (e.g., capital credits, community engagement).
• Coastal Electric Cooperative of Georgia: A coastal Georgia electric cooperative serving members in the southeastern part of the state with distribution service and community-focused programs. Closely comparable in geography, scale, and membership structure to OREMC.
• Clay Electric Cooperative (Florida): One of the largest electric cooperatives in Florida, serving members across north-central Florida with distribution service and an extensive right-of-way and member services portfolio. Strong peer given cross-state OREMC footprint in northeast Florida.
• Jackson Electric Membership Corporation: A Georgia-based electric cooperative serving a large multi-county territory north of Atlanta with similar member-owned distribution, capital credits, and community program structures. Comparable in cooperative governance and scale profile.
• Satilla Rural Electric Membership Corporation: A southeast Georgia rural electric cooperative serving residential, commercial, and industrial members across a contiguous service territory to OREMC's territory. Operates under the same cooperative model with distribution, capital credits, and community-focused programs, making it the closest comparable peer.

Regional players

• Sawnee Electric Membership Corporation: A Georgia electric cooperative serving the rapidly growing north-Metro Atlanta suburbs. Comparable cooperative distribution model but a notably different growth profile (urbanizing exurban vs. OREMC's rural territory).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@okefenokeremc8148
• Xx.com/OkefenokeREMC
• LinkedInlinkedin.com/company/okefenoke-emc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Okefenoke Rural Electric Membership Corporation