Platte-Clay Electric

Name

Platte-Clay Electric

Legal name

Platte-Clay Electric Cooperative, Inc.

Website

https://pcec.coop

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Electric Utility Distribution Services

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industries

Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Demand Response & Load Flexibility Services (EUAMAJAF)

Keywords

• Electric distribution services
• Rural electric cooperative
• Community solar energy
• Energy efficiency rebates
• Electric utility service

Headquarters

HQ city

Kearney

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Distribution Service: Core revenue from distributing electricity to over 26,500 active services across 7 counties. Revenue is generated through monthly service charges and kWh-based energy charges under demand-based billing structure.
2. Capital Credits: As a cooperative, PCEC returns margins to members in the form of capital credits. The cooperative has returned $1.3 million in capital credit checks and over $3.7 million in capital credits in a single month.
3. Energy Products: Sale of energy-related products including heat pump systems, water heaters, surge protectors, security lighting, Ritchie waterers, and LED/CFL light bulbs. Products available at both offices.
4. Energy Efficiency Rebates: Rebate programs for ground source heat pumps ($750/ton new, $150/ton replacement), dual fuel heat pumps ($150/ton), air conditioners ($50), and weatherization improvements (50% up to $500).
5. PCEC Security Monitoring: Cellular security system with $249 installation plus $24.99 activation fee and $38.50 monthly monitoring fee with three-year contract. Includes smartphone app integration for thermostat control.
6. Platte-Clay Fuels: Fuel stations in Platte City and Kearney offering gasoline (87 octane, 89 mid-grade), diesel, and off-road fuels. Provides 3 cents per gallon capital credit for members with fuels cards.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Platte-Clay Electric Cooperative distributes electricity to over 26,500 active services across 3,100 miles of line in seven Missouri counties, using a demand-based billing structure. The cooperative supplements core electric service with energy efficiency rebates, a 416-panel community solar array (Solartech), renewable energy programs (GreenPower, net metering), energy products (heat pumps, water heaters, security lighting, surge protectors, Ritchie waterers), the PCEC cellular security system with smart-home integration, energy audits, and affiliated Platte-Clay Fuels stations. As a member-owned cooperative, margins are returned to members in the form of capital credits.

Product overview

Platte-Clay Electric Cooperative operates as a traditional electric utility providing core electricity distribution services to over 26,500 active services across Buchanan, Caldwell, Clay, Clinton, DeKalb, Platte, and Ray Counties in Missouri. The cooperative offers a diversified portfolio of energy products including heat pumps, water heaters, security lighting, and surge protectors, supplemented by energy efficiency rebate programs. Its renewable energy offerings include the Solartech community solar program (Missouri's first cooperative solar array), GreenPower voluntary renewable program, and net metering for member-owned solar/wind systems. Additional services encompass online account management, outage monitoring, security systems via Alarm.com integration, electric vehicle charging guidance, energy audits, and affiliated fuel stations through Platte-Clay Fuels.

Differentiator

Problem solved

Functional benefit

Brands

• Solartech: Community solar project brand for the cooperative's pilot solar array, allowing members to purchase or lease solar panels.

Products and services

• Heat Pump Systems Energy-efficient heat pump systems including ground source (geothermal) and dual fuel heat pumps available for purchase by residential and commercial members with applicable rebates.
• Ritchie Waterers Livestock waterers that maintain water at consistent temperatures using minimal energy, sold to agricultural members.
• Security Lighting Outdoor security lighting solutions available to members for property safety and visibility.
• Surge Protectors Surge protection devices sold to members to protect appliances and electronics from power surges.
• Water Heaters Energy-efficient water heaters including Freedom water heaters with anode rod options for different water conditions, sold to members.
• Take Control & Save Energy Efficiency Rebates Comprehensive rebate program offering incentives for ground source heat pumps ($750/ton new, $150/ton replacement), dual fuel heat pumps ($150/ton), room air conditioners ($50), attic/basement insulation (50% up to $500), and home energy audits ($50 with refund on improvements up to $500).
• Solartech Community Solar Program Community solar program launched in 2015 as Missouri's first rural electric cooperative solar array, with 416 panels producing approximately 525 kWh per panel annually. Members can purchase output at ~$2.50/month per panel or lease panels at $815 each for 25 years.
• GreenPower Renewable Energy Program Voluntary renewable energy program allowing members to support wind and other renewable energy sources for their power supply.
• Residential and Commercial Net Metering Solar Net metering program connecting member-owned solar and wind systems to the grid, with interconnection information available through engineering services.
• PCEC Security Cellular System Wireless cellular security and automation system with professional monitoring, smart thermostat integration via Alarm.com, mobile app control, $249 installation plus $24.99 activation and $38.50/month monitoring with a three-year contract.
• Home Energy Audits Comprehensive home energy audits conducted by certified auditors for $50, with 50% refund on recommended improvements up to $500 for members who implement changes.
• Platte-Clay Fuels Fuel stations in Platte City and Kearney offering gasoline (87 octane, 89 mid-grade), diesel, and off-road fuels with a 3-cent-per-gallon capital credit program for cardholders.
• PCEC Electric Vehicle Charging Station Level 2 electric vehicle charging station installed at the Platte-Clay Fuels station in Kearney, accessible through the ChargePoint national network.
• Co-op Connections Member Benefit Program Member benefit program providing discounts on dental, chiropractic, prescriptions, vision, lab work, imaging, and national lodging/restaurant chains.

Quantifiable outcome

• Over $1 million in energy efficiency rebates returned to members since 2010
• +2 more outcomes

Named customers3 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

Integration1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• tenKsolarcoreTechnology or Integration · 5 February 2015Minneapolis, Minn.-based solar panel manufacturer contracted for Solartech community solar array equipment. Panels manufactured at Bloomington, Minn. factory. Each panel approximately 78" x 30" producing ~525 kWh annually.
• Associated Electric Cooperative, Inc. (AECI)coreStrategic or Co-development PartnerGeneration and transmission cooperative providing power to PCEC. Provides load management, system control, and coordinates renewable energy integration including wind power from Oklahoma Osage County wind farm (84 GE turbines, 150 MW).
• Association of Missouri Electric Cooperatives (AMEC)coreStrategic or Co-development PartnerState trade association representing Missouri electric cooperatives. CEO Barry Hart participated in Solartech groundbreaking. Association provides training, legislative advocacy, and industry coordination.
• Metropolitan Community College (MCC)minorStrategic or Co-development PartnerPCEC involved in line worker training program at MCC, supporting workforce development for the electric utility industry.
• NRECA (National Rural Electric Cooperative Association)coreStrategic or Co-development PartnerNational trade association for electric cooperatives. Manages Action.Coop database for rapid response lobbying on industry issues affecting rural electric cooperatives.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Callaway Electric Cooperative: Central Missouri electric distribution cooperative with similar size, member-owned structure, and rural service territory profile.
• Consolidated Electric Cooperative: Missouri-based rural electric cooperative distributing electricity to members across north-central Missouri with similar cooperative governance and member programs.
• Associated Electric Cooperative Inc. (AECI): Generation and transmission cooperative that supplies wholesale power to PCEC and coordinates renewable integration including the 150 MW Oklahoma wind farm. Directly comparable as a fellow Missouri-area electric cooperative serving member distribution co-ops.
• Sac Osage Electric Cooperative: West-central Missouri electric cooperative serving residential and agricultural members with comparable scale and service territory characteristics.
• Boone Electric Cooperative: Mid-Missouri electric distribution cooperative serving residential, commercial, and agricultural members with comparable demand-based billing and member services.
• Co-Mo Electric Cooperative: Missouri-based member-owned electric distribution cooperative serving central Missouri with similar member services, community solar programs, and capital credit distributions to PCEC.

Others

• Touchstone Energy Cooperatives: National cooperative brand and services alliance under which PCEC operates, providing shared marketing, branding, and member service programs to over 750 U.S. electric co-ops.
• Association of Missouri Electric Cooperatives (AMEC): Missouri state trade association for electric cooperatives that provides training, legislative advocacy, and industry coordination; AMEC leadership participated in PCEC's Solartech groundbreaking.
• National Rural Electric Cooperative Association (NRECA): National trade association representing U.S. electric cooperatives including PCEC, providing legislative advocacy, training, and Action.Coop rapid-response lobbying platform referenced in PCEC materials.

Broad incumbents

• Pedernales Electric Cooperative: Largest electric distribution cooperative in the U.S. serving the Texas Hill Country; comparable as a member-owned distribution utility operating renewable, fiber, and member service programs at substantially larger scale than PCEC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PlatteClayEl
• YouTubeyoutube.com/channel/UCMEg6RFgcOPJSvns1tup0_w
• Facebookfacebook.com/PlatteClayElectric
• LinkedInlinkedin.com/company/platte-clay-electric-cooperative
• Instagraminstagram.com/platteclayel

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 Platte-Clay Electric