Homeworks

What Homeworks does

HomeWorks Tri-County Electric Cooperative is a member-owned, not-for-profit electric cooperative founded in 1937 and headquartered in Portland, Michigan. The cooperative delivers electric distribution, propane distribution (via its subsidiary HomeWorks Tri-County Propane), and fiber internet and phone services (via subsidiary HomeWorks Connect) across a 13-county service territory in mid-Michigan.

HomeWorks Connect provides a tiered fiber internet portfolio built on a complete fiber optic network architecture — including backbone fiber, outdoor distribution cabinets (ODC), splitters, distribution fiber, terminals, NIDs, and modems — with a five-phase rollout methodology (Gathering Interest, Design, Commitment, Connections, In Service). Internet plans are offered at 250Mbps ($64.95/month), 500Mbps ($89.95/month), and 1Gbps ($99.95/month), all symmetrical with unlimited data, supplemented by landline phone, Talk-911 emergency phone, Optimized Wi-Fi, Static IP, Streaming TV via MyBundle.TV, TechShield device protection, and a government-subsidized Lifeline program.

The cooperative operates under a community-led go-to-market model: members are owners, governance is exercised through director elections and district meetings, and pricing is cost-based rather than profit-maximizing. Margins are returned to members as capital credits (nearly $25 million historically, including a $750,000 retirement in October 2023), and the People Fund has distributed nearly $3 million in community grants since 1993. Power reliability reached 99.95% in 2023. Customer segments span residential members, local businesses, agricultural operations, and community programs for students and educators.

Name

Homeworks

Legal name

HomeWorks Tri-County Electric Cooperative

Website

https://homeworks.org

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

51–100 employees

Short description

HomeWorks Tri-County Electric Cooperative is a member-owned, not-for-profit utility serving 13 counties in mid-Michigan with electricity, propane, and fiber internet and phone services, operating under a cooperative governance and capital credit patronage model since 1937.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Distribution (221122), Electric Power Generation, Transmission and Distribution (2211)

SIC

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

akta.pro primary industry

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

Keywords

• Electric utility services
• Rural electric cooperative
• Propane distribution
• Fiber internet service
• Member-owned cooperative

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Service: Providing electricity distribution to member-owners across multiple counties in mid-Michigan. Rates are cost-based as a not-for-profit cooperative.
2. Propane Service: Propane distribution through subsidiary HomeWorks Tri-County Propane, providing comfort solutions to members.
3. Internet and Phone Services: HomeWorks Connect provides fiber internet and landline phone services with various speed tiers and packages.
4. Capital Credits: As a cooperative, margins are returned to members as capital credits based on patronage. In October 2023, the board authorized a $750,000 capital credit retirement.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

HomeWorks Tri-County Electric Cooperative is a member-owned, not-for-profit electric utility cooperative headquartered in Portland, Michigan. Founded in 1937, the cooperative delivers electricity, propane, fiber internet, and phone services to members across 13 counties in mid-Michigan through its two operating subsidiaries: HomeWorks Tri-County Propane (propane distribution) and HomeWorks Connect (fiber internet and phone services).

Product overview

HomeWorks Tri-County Electric Cooperative operates as a member-owned utility providing energy (electricity and propane) and communications (fiber internet and phone) services to residential and business customers across mid-Michigan. The company's HomeWorks Connect division offers a tiered fiber internet service portfolio comprising three speed tiers (250Mbps Essential Experience, 500Mbps Working Warrior, and 1Gbps Total Warrior), all featuring symmetrical speeds, unlimited data, and local support. The product line extends through landline phone services (Talk and Talk-911), streaming TV integration via MyBundle TV, and security add-ons including TechShield device protection and seasonal vacation packages. Internet plans are offered with optional managed Wi-Fi, static IP addresses, and Wi-Fi extenders as paid add-ons, with bundled internet and phone packages available at a $5/month discount.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential and Commercial Electric Service
• Propane Delivery (HomeWorks Tri-County Propane)
• Fiber Internet (HomeWorks Connect)
• Phone Service (HomeWorks Connect)
• Capital Credits (Patronage Capital Allocations)

Quantifiable outcome

• 99.95% power reliability achieved in 2023 through infrastructure investment
• +3 more outcomes

Named customers1 record

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

One partnership is on record.

• Wolverine Power CooperativecoreStrategic or Co-development PartnerHomeWorks partners with Wolverine Power Cooperative for power supply. Wolverine provides a diverse mix of power sources including clean energy, enabling HomeWorks to offer sustainable electricity to its members. This partnership ensures access to carbon-free energy production.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Consumers Energy: Michigan's largest investor-owned electric and natural gas utility. Competes in overlapping regions and offers much broader portfolio; relevant as the dominant IOU benchmark for HomeWorks' reliability and pricing.
• Consolidated Communications: Large fiber and broadband provider with significant rural and small-town Michigan footprint. Comparable to HomeWorks Connect in rural fiber internet service delivery, though structured as an ILEC rather than a cooperative.
• DTE Energy: Major Michigan investor-owned utility providing electric, gas, and increasingly fiber services. Broader incumbent competitor with overlapping service territory in southeastern Michigan.
• Indiana Michigan Power (AEP): Subsidiary of American Electric Power serving southern Michigan and northern Indiana. Comparable as a regulated electric utility operating in adjacent Michigan territory with overlapping customer base.

Direct peers

• Great Lakes Energy Cooperative: Member-owned rural electric cooperative serving northern Michigan with broadband and electric services. Closely comparable to HomeWorks in cooperative governance, rural territory, and bundled energy-plus-fiber model.
• Wolverine Power Cooperative: Generation & Transmission cooperative currently supplying HomeWorks with power. Operates under the same cooperative framework serving Michigan distribution co-ops and is a strategic supplier as well as structural peer.
• Midwest Energy Cooperative: Michigan electric cooperative offering electricity and broadband services to rural members. Highly comparable in scale, service mix, and member-owned operating model.
• Cherryland Electric Cooperative: Michigan-based member-owned electric cooperative serving a similar rural territory with comparable cooperative economics, member governance, and community engagement programs.
• Presque Isle Electric & Gas Co-op: Michigan cooperative providing electric and propane services to rural members in northern Lower Michigan and the eastern Upper Peninsula. Directly comparable in member-owned structure and bundled energy services.
• Allband Communications Cooperative: Member-owned rural broadband cooperative in northern Michigan. Comparable to HomeWorks Connect in fiber-to-the-home deployment in low-density rural service areas and cooperative economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/HomeWorks.org
• Instagraminstagram.com/homeworks_tricounty
• Xx.com/homeworkstcec
• LinkedInlinkedin.com/company/homeworks-tri-county-electric-cooperative

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

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 Homeworks