Farmers RECC

What Farmers RECC does

Farmers Rural Electric Cooperative Corporation (Farmers RECC) is a not-for-profit, member-owned electric distribution cooperative incorporated on March 14, 1938, and headquartered at 504 South Broadway, Glasgow, Kentucky. The cooperative distributes electricity to more than 26,000 meters across eleven South Central Kentucky counties (Adair, Barren, Edmonson, Grayson, Green, Hardin, Hart, Larue, Metcalfe, Monroe, and Warren), with approximately 65% of meters classified residential and the balance split across commercial and industrial rate classes. Service territory is exclusive and regulated by the Kentucky Public Service Commission; revenue is generated through customer charges, energy charges per kWh, fuel adjustment clauses, and environmental surcharges passed through from the wholesale supplier East Kentucky Power Cooperative (EKPC), of which Farmers RECC is one of 16 member-owners.

The cooperative's underlying technology stack centers on physical distribution infrastructure (3,700+ miles of line, 7 substations, three service centers constructed in 2010 and 2014) overlaid with operational systems: Automated Metering Infrastructure with smart meters deployed since 2006, a SCADA system (2011) for distribution oversight, GIS mapping (2009), an Outage Management System with public Outage Viewer (2010), and a Meter Data Management System (2012) enabling hourly/daily usage visibility for members. Renewable generation includes a 1 MW landfill-gas-to-electricity plant at the Glasgow landfill (2016), community solar access via the Winchester solar farm through Cooperative Solar panel licensing (2017), Envirowatts green power block purchases, and net metering for member-owned generation. Demand-side programs include SimpleSaver load control, Button Up weatherization rebates, Heat Pump Retrofit incentives, CARES assistance, How$mart financing, a Touchstone Energy Home certification program, and an EV off-peak charging pilot.

Farmers RECC operates under a democratic member-control governance model with a 7-member elected Board of Directors across three service districts, returning margins to members as capital credits ($16.5M cumulatively since 1987). Distribution channels combine physical offices (Glasgow HQ and Munfordville satellite), a 24/7 Cooperative Response Center phone line, an online Member Center portal, and a mobile application for iOS and Android. Ancillary revenue streams include the Farmers Propane Plus subsidiary (since 1997), community solar panel licensing ($460/panel, 25-year license), and add-on programs including outdoor lighting service and the Co-op Connections discount card. The cooperative is part of the Touchstone Energy national network of 700+ electric co-ops and serves rural Kentucky under the seven Cooperative Principles, including concern for community, demonstrated through programs such as Operation Warmhearts, Washington Youth Tour, and economic development lending facilitated through USDA Rural Economic Development zero-interest loans.

Name

Farmers RECC

Legal name

Farmers Rural Electric Cooperative Corporation

Website

https://farmersrecc.com

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

51–100 employees

Short description

Farmers RECC is a not-for-profit, member-owned electric distribution cooperative serving more than 26,000 meters across eleven South Central Kentucky counties, purchasing wholesale power from East Kentucky Power and delivering residential, commercial, and industrial service through an exclusive regulated service territory.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

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

akta.pro secondary industries

REC/GO Retail Supply & Green Tariffs (Bundled/Unbundled) (EUAMAKAF), Renewable Energy Certificate (REC) Trading & Brokerage (EUAGAFAA)

Keywords

• Electric utility services
• Rural electric cooperative
• Electric distribution services
• Renewable energy programs
• Energy efficiency rebates

Headquarters

HQ city

Munfordville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Service Revenue: Farmers RECC generates revenue through electricity distribution fees charged to residential, commercial, and industrial members. Rates include customer charges and energy charges per kWh, plus fuel adjustment charges and environmental surcharges passed through from East Kentucky Power Cooperative.
2. Capital Credits: As a not-for-profit cooperative, margins (profits) are allocated to members in the form of capital credits. Since 1987, Farmers RECC has returned $16,500,000 in capital credits to members.
3. Envirowatts Renewable Energy Program: Members can purchase renewable energy blocks at $2.75 per 100 kilowatt block ($0.0275 per kWh) in 100 kilowatt increments, providing an additional monthly line item charge.
4. Cooperative Solar Licensing: One-time payment of $460 per panel for 25-year license to solar farm panels, with credit on monthly power bill for energy produced by licensed share.
5. Farmers Propane Plus: Subsidiary offering propane services to the public since 1997.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels12 records

Core offering

Farmers RECC is a not-for-profit, member-owned electric cooperative that distributes electricity to residential, commercial, and industrial customers across eleven counties in South Central Kentucky. The cooperative operates more than 3,700 miles of distribution lines and serves over 26,000 meters, supplementing core electric service with renewable energy programs (Cooperative Solar, Envirowatts, Net Metering, Landfill-Gas-to-Energy), energy efficiency rebates, smart metering/AMI infrastructure, and 24/7 outage management.

Product overview

Farmers RECC is a non-profit electric cooperative providing regulated electricity distribution across eleven Kentucky counties, serving over 26,000 meters. The cooperative operates as a single unified utility product supplemented by energy efficiency and renewable energy add-on programs. Core offerings include residential, commercial, and industrial electric service with various rate schedules. The product portfolio centers on the electric distribution service enhanced by energy efficiency programs (SimpleSaver demand response, Button Up weatherization, Heat Pump Retrofit rebates, CARES assistance, Touchstone Energy Home certification, How$mart financing, and free Energy Evaluation), renewable energy options (Envirowatts green power purchasing, Cooperative Solar panel licensing, Solar/Net Metering, and Landfill-Gas-to-Energy from Glasgow facility), and technology platforms (Outage Management System with real-time Outage Viewer, Smart Metering/AMI infrastructure, and Member Center/Mobile App for account management). Additional services include Pay-As-You-Go prepay billing, EV off-peak charging program, Commercial Direct Load Control, and community programs (Co-op Connections discount card, Washington Youth Tour, Scholarships, Operation Warmhearts). The cooperative's AMI system and outage viewer provide technology-enabled services for members.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Distribution Service (Residential) Regulated electricity distribution service to residential members across eleven Kentucky counties, including Schedule R, net metering, Pay-As-You-Go prepay, EV off-peak charging, and various payment and assistance options.
• Business and Commercial Electric Service Commercial and industrial electric service with multiple rate schedules including small commercial (<50kW), commercial/industrial (>50kW with demand charges), large industrial (Schedule E), net metering, time-of-day pricing, and interruptible service.
• Cooperative Solar

Quantifiable outcome

• 500-550 homes powered by Glasgow Landfill-Gas-to-Electricity plant
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature8 records

Partnerships

16 partnerships are on record, tiered core and minor.

• East Kentucky Power Cooperative (EKPC)coreStrategic or Co-development PartnerEKPC is a not-for-profit generation and transmission electric utility headquartered in Winchester, KY. Owned and governed by Farmers RECC and 15 other member-owned electricity distribution co-ops. EKPC generates and transmits affordable, reliable power to cooperatives serving more than 1 million Kentuckians. Farmers RECC is a member-owner of EKPC and purchases all power from this cooperative.
• City of GlasgowcoreStrategic or Co-development PartnerPartnership on the Glasgow Landfill-Gas-to-Electricity project. City constructed methane collection system (with $1M zero-interest USDA loan through Farmers RECC) and provides methane gas to power the generator. EKPC purchases methane gas and operates the plant; Farmers RECC purchases all renewable energy produced.
• Touchstone Energy CooperativescoreGTM or Marketing PartnerNational network of electric cooperatives providing resources, brand identity, and leveraging partnerships to help member cooperatives better engage and serve members. Farmers RECC is a member of Touchstone Energy which covers 700+ local systems serving 30.5 million member-owners.
• Campbell, Myers, and RutledgeminorImplementation/ SI/ Consulting PartnerCertified public accounting firm in Glasgow that conducts and oversees the board director election process.
• Community Action AgenciesminorChannel Partner/ Reseller/ DistributorKentucky Community Action Agencies network providing weatherization and energy-efficiency services to qualifying members. Farmers RECC provides incentives through CARES program. Proceeds from Operation Warmhearts distributed through these agencies.
• Inter-County EnergyminorChannel Partner/ Reseller/ DistributorSister electric cooperative providing mutual aid assistance during power restoration efforts.
• Nolin RECCminorChannel Partner/ Reseller/ DistributorSister electric cooperative providing mutual aid assistance during power restoration efforts.
• Taylor County RECCminorChannel Partner/ Reseller/ DistributorSister electric cooperative providing mutual aid assistance during power restoration efforts.
• Blue Grass EnergyminorChannel Partner/ Reseller/ DistributorSister electric cooperative providing mutual aid assistance during power restoration efforts.
• 5 Star ElectricminorChannel Partner/ Reseller/ DistributorContracted electrical crew providing mutual aid assistance during power restoration efforts.
• Townsend Tree ServiceminorChannel Partner/ Reseller/ DistributorContracted tree service crew providing mutual aid assistance during power restoration efforts.
• Steel Rock ServicesminorChannel Partner/ Reseller/ DistributorContracted crew providing mutual aid assistance during power restoration efforts.
• Groves Electric ServiceminorChannel Partner/ Reseller/ DistributorContracted electrical crew providing mutual aid assistance during power restoration efforts.
• T.J. Community Mission FoundationcoreStrategic or Co-development PartnerNon-profit foundation building Shanti Niketan Hospice Home. Received $2 million zero-interest USDA loan facilitated by Farmers RECC for construction. Foundation identifies community needs and raises funds for hospice care facility.
• Ohio Valley Rural Electric Cooperative CorporationminorStrategic or Co-development PartnerFarmers RECC joined this corporation in 1941 to obtain a better source of power, later replaced by creation of East Kentucky Power Cooperative.
• Kentucky Public Service CommissioncoreOthersState regulatory body that reviews and approves Farmers RECC rates, fuel adjustment charges, environmental surcharges, and other regulatory matters.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Owen Electric Cooperative: EKPC-served Kentucky distribution co-op with comparable rural footprint, AMI-enabled service, community solar/green power programs, and Touchstone Energy branding.
• Nolin Rural Electric Cooperative Corporation: Adjacent Kentucky RECC also providing mutual aid to Farmers RECC. Operates the same cooperative governance model with residential, commercial, and renewable programs over a comparable rural distribution footprint.
• Cumberland Valley Electric Cooperative: Kentucky RECC comparable in size, governance, and product mix (residential/commercial rates, capital credits, energy-efficiency rebates, prepay option) to Farmers RECC.
• East Kentucky Power Cooperative (EKPC): Generation-and-transmission cooperative headquartered in Winchester, KY, owned by 16 member distribution co-ops including Farmers RECC. EKPC is Farmers RECC's exclusive wholesale power supplier and operates the landfill-gas plant and cooperative solar farm referenced in Farmers RECC's offering, making it the most directly comparable peer.
• Salt River Electric Cooperative Corporation: Kentucky RECC serving a similar rural customer base with the same member-owned cooperative model, Touchstone Energy affiliation, and AMI/prepay/renewable program suite.
• Blue Grass Energy Cooperative: Kentucky distribution co-op listed among Farmers RECC's mutual-aid partners. Touchstone Energy member with a comparable mix of residential/commercial service, renewable programs, and community engagement initiatives in rural Kentucky.
• Inter-County Energy Cooperative: Kentucky Touchstone Energy distribution cooperative that provided mutual-aid line crews to Farmers RECC during the July 2026 storm. Same member-owned cooperative model, similar rural Kentucky service territory and residential/commercial rate structure.
• Jackson Energy Cooperative Corporation: Kentucky RECC operating under the same EKPC wholesale-supply umbrella as Farmers RECC. Same seven Cooperative Principles, capital-credits allocation, and rate-regulated distribution model.
• Taylor County Rural Electric Cooperative Corporation: Neighboring Kentucky RECC and mutual-aid partner. Same cooperative ownership structure, AMI/SCADA-enabled distribution, energy-efficiency rebates, and member programs (capital credits, prepay, EV) as Farmers RECC.

Broad incumbents

• Kentucky Utilities (LG&E and KU Energy): Investor-owned regulated electric utility serving much of Kentucky, including overlapping counties (Hardin, Larue, Warren) with Farmers RECC. Larger rate base, broader portfolio, and a key regulated competitor/benchmark for rates and reliability in the same service geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FarmersRECC
• Facebookfacebook.com/FarmersRECC
• LinkedInlinkedin.com/company/farmers-rural-electric-corp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Farmers RECC