Lakeview Light & Power

What Lakeview Light & Power does

Lakeview Light & Power is a member-owned electric distribution cooperative utility founded in 1922 and headquartered at 11509 Bridgeport Way SW, Lakewood, Washington 98499. It serves 2,837 members across 10,979 meters through 83 miles of distribution line within a defined, state-regulated service territory in the Lakewood, WA area. The cooperative is the exclusive provider of electric distribution service within this territory, operating as a regulated monopoly utility under the governance of a member-elected board of directors with day-to-day leadership provided by General Manager John DeVore.

The cooperative's product surface extends beyond basic kWh delivery to include energy-efficiency rebates (Washer/Dryer Rebate Program), a Free Google Nest Thermostat program for qualifying members, a Net Generation (net metering) program for member-owned distributed generation, budget billing, a Meter Aggregation service for commercial members, and energy-assistance offerings including the LIHEAP Cooling Program that distributes free portable air conditioners. Member-facing digital tools include the SmartHub platform for account management, billing, and outage reporting. The cooperative also maintains a Wildfire Mitigation Plan addressing vegetation management, asset inspection, and operational risk within its service territory.

Revenue is generated through cost-based electricity rates covering residential and commercial customer classes, with new rates scheduled to take effect in June 2026. As a regulated monopoly, the cooperative faces no competitive churn within its territory, but its growth is inherently constrained to meter-count changes plus approved rate adjustments. The business model is structured around captive demand, modest commercial load on top of a primarily residential base, and ongoing community-engagement activity that reinforces member ownership and cooperative identity.

Name

Lakeview Light & Power

Legal name

Lakeview Light & Power Corporation

Website

https://lakeviewlight.com

Company type

Private

Founded year

1922

Operating status

Operating

Headcount range

11–50 employees

Short description

Member-owned electric cooperative utility founded in 1922, serving 2,837 members across 10,979 meters and 83 miles of distribution line in the Lakewood, Washington area, providing residential and commercial electricity distribution, energy-efficiency rebates, and member assistance programs.

Ownership category

akta.pro rank

Headquarters

HQ city

Wausau

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, Others

Revenue model

1. Electric utility service: Lakeview Light & Power generates revenue through providing electric power distribution services to its members. As a cooperative utility, rates are set to cover costs while providing reliable, cost-based power. Revenue comes from residential and commercial electricity service.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Lakeview Light & Power is a member-owned electric cooperative utility that distributes electricity to 2,837 residential and commercial members across 10,979 meters and 83 miles of distribution line in the Lakewood, Washington area. The company provides residential and commercial electricity service under cost-based rates, online account management through SmartHub, and programs including budget billing, energy assistance, energy-saving rebates, weatherization, net metering, and safety initiatives such as wildfire mitigation.

Product overview

Lakeview Light & Power is a rural electric cooperative utility that provides reliable, cost-based electrical power distribution services to residential and commercial members. The company operates a single integrated platform (SmartHub) for customer account management, billing, and payments. Core services include electricity distribution with various rate options, energy assistance programs, energy efficiency rebates (including free smart thermostats and appliance rebates), weatherization assistance, net metering for renewable energy producers, and wildfire mitigation. The cooperative has been serving the Lakewood, WA area since 1922, currently serving 2,837 members across 10,979 meters and 83 miles of distribution line.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Power Distribution Services Core electricity distribution service delivering reliable power to 2,837 members across 10,979 meters and 83 miles of distribution line in the Lakewood, WA area.
• SmartHub Online Account Management Online platform (lakeviewlight.smarthub.coop) for customers to register, login, pay bills, make one-time payments, manage accounts, view usage, and vote in annual meetings.
• Budget Billing Monthly payment plan that averages annual energy costs to provide predictable billing amounts year-round for residential and commercial members.
• Energy Assistance Programs Assistance programs including Project Help for families and individuals needing help paying utility bills.
• LIHEAP Cooling Program Federal Low Income Home Energy Assistance Program providing portable air conditioners for cooling assistance to qualifying members.
• Energy Saving Rebates Rebate programs including washer/dryer rebates to encourage members to purchase energy-efficient appliances.
• Free Google Nest Thermostat Program Program offering free Google Nest smart thermostats to members to help save energy and reduce electricity costs.
• Low-Income Weatherization Program Weatherization assistance program to help low-income member households improve home energy efficiency.
• Meter Aggregation Service for aggregating meters across multiple locations for commercial customers.
• Electrical Service Requests Request portal for new electrical service connections and modifications for residential and commercial members.
• Net Generation (Net Metering) Net metering program for members who generate their own electricity from renewable sources, allowing them to export excess generation back to the grid.

Quantifiable outcome

• 104 years in service serving the community since 1922
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor.

• Tacoma Rescue MissionminorOthersLakeview employees donated hygiene products, bedding, blankets, children's clothing, socks, hand warmers, and participated in Christmas donations to support the Tacoma Rescue Mission in 2022.
• Sunny Sky's Animal RescueminorOthersLakeview employees donated hundreds of pounds of dog and cat food, treats, harnesses, and toys to Sunny Sky's Animal Rescue in 2022.
• Feed My Starving Children (FMSC)minorOthersIn January 2023, Lakeview employees and their families volunteered with Feed My Starving Children, a nonprofit Christian organization that packages and delivers food to underserved communities worldwide.
• Caring for KidsminorOthersFor the 2021 Christmas season, LLP staff and board joined with Caring for Kids to support local families by donating gifts and 'Wished For' gift cards.
• Google (Nest Thermostat Program)minorOthersLakeview Light & Power offers a Free Google Nest Thermostat program as part of their energy saving initiatives.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mason County PUD 3: Mason County PUD 3 is a small Washington public utility district serving residential and commercial customers through a comparable regulated, community-governed distribution model and similar scale to Lakeview Light & Power.
• Clark Public Utilities: Clark Public Utilities is a customer-owned electric and water utility in Vancouver, WA operating under a similar cooperative/governed model with comparable scale and member-elected board governance to Lakeview.
• Cowlitz County PUD: Cowlitz County PUD is a Washington public utility district providing electric distribution in a community-owned model directly comparable to Lakeview Light & Power's cooperative distribution operations in Western Washington.
• Chelan County PUD: Chelan County PUD is a Washington public utility district operating as a community-owned electric utility, comparable in governance model (customer-elected board) and regulated distribution activities to Lakeview Light & Power.
• Tacoma Power: Tacoma Power is a municipally-owned electric utility serving Tacoma and parts of Pierce County, WA — the same county where Lakeview operates. Both are regulated distribution utilities serving overlapping regional customers with similar rate-based, cost-of-service models and customer programs.
• Snohomish County PUD: Snohomish County PUD No. 1 is a Washington state public utility district providing electric distribution to residential and commercial customers in a similar cooperative-style, community-governed model to Lakeview Light & Power.
• Pend Oreille County PUD:
• Grays Harbor PUD: Grays Harbor PUD is a Washington state public utility district providing electric distribution to residential and commercial customers in a cooperative-style, publicly governed model comparable to Lakeview Light & Power.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/lakeview_light
• Facebookfacebook.com/lakeviewlightpower

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Lakeview Light & Power