NEC Co-op Energy

Name

NEC Co-op Energy

Website

https://neccoopenergy.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

NEC Co-op Energy is a non-profit, member-owned electric utility headquartered in Corpus Christi, Texas, serving residential and commercial electricity customers. It operates as a small cooperative with 11–50 employees in the U.S. retail electricity sector.

Ownership category

akta.pro rank

Product category

Retail Electricity Supply

NAICS

Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

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

Keywords

• Retail electricity supply
• Residential electricity service
• Commercial electricity service
• Energy cooperative utility
• Non-profit electricity provider

Headquarters

HQ city

Corpus Christi

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain

Core offering

NEC Co-op Energy is a non-profit electricity provider supplying residential and commercial electricity service in the United States. The cooperative delivers retail electric power to homes and businesses as its fundamental product, with no ancillary software, hardware, or platform offerings evidenced.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Electricity Service Retail electricity supply service for households and individual residential consumers in NEC Co-op Energy's service territory, billed on a consumption basis.
• Commercial Electricity Service Retail electricity supply service for commercial businesses and organizations in NEC Co-op Energy's service territory, billed on a consumption basis.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• Pedernales Electric Cooperative: Large Texas electric distribution cooperative serving a different (Central Texas) geography. Comparable member-owned cooperative model and electricity service delivery, though operating as a distribution co-op rather than retail REP.

Direct peers

• Green Mountain Energy: Texas-domiciled retail electricity provider focused on renewable plans for residential and commercial customers. Closely comparable niche positioning (values-aligned, community/mission-driven retail electricity) to a non-profit co-op.
• Payless Power: Texas retail electricity provider serving residential and small commercial customers, including prepaid and no-deposit plans. Comparable sub-scale REP competing in the same deregulated Texas market as NEC Co-op Energy.
• Cirro Energy: Texas retail electricity provider serving residential and small commercial customers with simple fixed-rate plans. Directly comparable as a sub-incumbent REP competing for the same customer segments in ERCOT.
• Champion Energy Services: Texas retail electricity provider serving residential and commercial customers with fixed and variable rate plans. Directly comparable sub-to-mid scale REP competing in the same ERCOT market as NEC Co-op Energy.

Broad incumbents

• Constellation Energy: Large U.S. competitive electricity supplier (residential, commercial, industrial) with a presence in Texas post-Exelon separation. Overlaps with NEC Co-op Energy on serving commercial electricity customers in deregulated markets.
• Reliant Energy: Major Texas retail electricity provider (NRG affiliate) serving residential and commercial customers across ERCOT. Comparable offering and customer segments to NEC Co-op Energy, with substantially larger scale and brand reach.
• TXU Energy: One of the largest retail electricity providers in Texas (ERCOT), serving residential and commercial customers statewide. Directly comparable as a REP competing in the same deregulated market as NEC Co-op Energy, though at vastly greater scale.
• Vistra Corp: Large Texas-based independent power producer and retail electricity provider (TXU/ Dynegy brands). Operates across ERCOT with overlapping residential and commercial offerings to NEC Co-op Energy.
• Direct Energy: National retail electricity provider with significant Texas operations, serving residential and commercial customers under fixed and variable rate plans. Comparable product/market overlap with NEC Co-op Energy across ERCOT.

Market position

Customer concentration

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 NEC Co-op Energy