SouthEastern Illinois Electric Cooperative Inc

What SouthEastern Illinois Electric Cooperative Inc does

SouthEastern Illinois Electric Cooperative, Inc. (SEIEC) is a member-owned, not-for-profit electric distribution cooperative headquartered in Carrier Mills, Illinois, organized in 1938 to bring electricity to rural southern Illinois. The cooperative operates approximately 3,600 miles of distribution infrastructure and serves more than 25,000 member accounts across residential, commercial/business, and agricultural segments in a multi-county southern Illinois territory. SEIEC sources 100% of its wholesale electricity from Southern Illinois Power Cooperative (SIPC) under an all-purchase power agreement, making it a pure distribution-only utility with no generation assets of its own. The cooperative is governed by its members on a one-member-one-vote basis at its annual meeting, and returns all revenues above operating costs to members through a capital credit allocation rather than retaining profit.

The cooperative's core member-facing technology is SmartHub, a web and mobile (iOS/Android) account management platform built on the National Information Solutions Cooperative (NISC) stack, which provides bill payment, usage monitoring, outage reporting, and notifications. Layered services include the Peak Power Rewards voluntary demand response program — operated via a third-party Distributed Energy Resource Management System (DERMS) vendor that pays members $1 per kWh saved during SIPC-called peak events — plus an Energy Calculator, Marathon Water Heater offerings, Security Light service, Distributed Generation guidance, and Energy Tax Credit resources. Non-electric member programs (Youth to Washington Tour, School Grants, scholarships, Swap-A-Tree, Air Evac) support member engagement and retention.

SEIEC's revenue model is usage-based electricity distribution, effectively a recurring subscription on metered consumption, with capital credits acting as the cooperative's profit-return mechanism in lieu of dividends. The cooperative participates in the Touchstone Energy national branding alliance, holds no subsidiaries, has no parent company, and is not backed by venture capital or private equity. Headcount is in the 11–50 range, consistent with a lean rural distribution utility that outsources billing/IT to NISC and demand response to a DERMS vendor.

Name

SouthEastern Illinois Electric Cooperative Inc

Legal name

SouthEastern Illinois Electric Cooperative, Inc.

Website

https://seiec.com

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

11–50 employees

Short description

SouthEastern Illinois Electric Cooperative is a member-owned, not-for-profit electric distribution cooperative serving over 25,000 residential, commercial, and agricultural accounts across southern Illinois through approximately 3,600 miles of distribution line, sourcing all wholesale power from Southern Illinois Power Cooperative and returning excess revenues as capital credits.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

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

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industries

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI), DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)

Keywords

• Rural electric distribution
• Cooperative utility services
• Demand response program
• Member energy services
• Capital credit allocation

Headquarters

HQ city

Carrier Mills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Power Distribution: As a not-for-profit electric cooperative, SEIEC generates revenue through electricity distribution services to over 25,000 member accounts. All revenues above operating costs are allocated back to members under a capital credit plan, rather than being retained as profits.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

SouthEastern Illinois Electric Cooperative distributes electricity to over 25,000 member accounts across approximately 3,600 miles of power lines in rural southern Illinois. As a member-owned, non-profit cooperative, it sources 100% of its power from Southern Illinois Power Cooperative (SIPC) and returns excess revenues to members through capital credits. Core offerings include electricity distribution, the SmartHub account management platform, the Peak Power Rewards demand response program, member services such as Marathon Water Heaters and Security Light, and energy efficiency tools and resources.

Product overview

SouthEastern Illinois Electric Cooperative operates as a member-owned, non-profit electric utility serving over 25,000 accounts across southern Illinois. The cooperative's core product offering is SmartHub, a unified account management platform available via web portal and mobile apps (iOS and Android) that enables members to pay bills, view usage, report outages, and manage account preferences. The cooperative supplements this with fee-based service products including Peak Power Rewards (a demand response program offering bill credits for reducing energy during peak demand), Marathon Water Heaters, Security Light service, an Energy Calculator tool, and Distributed Generation information. SmartHub is built by NISC (National Information Solutions Cooperative) based on the app identifier 'coop.nisc.android.smarthub'.

Differentiator

Problem solved

Functional benefit

Brands

• SmartHub: Online account management system for members to pay bills, view usage, report outages, and manage notifications.

Quantifiable outcome

• $25 credit on power bill for attending annual meeting
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Southern Illinois Power Cooperative (SIPC)coreStrategic or Co-development PartnerSEIEC sources 100% of its electricity needs from Southern Illinois Power Cooperative (SIPC) through an all-purchase power agreement. SIPC is SEIEC's generation and transmission cooperative located in Marion, Illinois. SIPC calls Peak Power Rewards events and provides wholesale power supply to SEIEC.
• Touchstone EnergyminorGTM or Marketing PartnerTouchstone Energy is a national cooperative branding alliance that SEIEC participates in as a member. The partnership provides cooperative identity branding and marketing resources.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• MidAmerican Energy Company: Large regulated electric and gas utility serving rural and agricultural customers across the Midwest; comparable end-user segments (residential, farm, small commercial) though operating under investor-owned rather than cooperative structure.
• Ameren Illinois: Investor-owned regulated electric distribution utility serving much of Illinois; comparable electric distribution operations and regulatory exposure, though significantly larger in scale and scope.

Others

• Touchstone Energy Cooperatives: National branding and services alliance of electric cooperatives in which SEIEC participates; comparable as cooperative ecosystem participant providing shared identity, marketing, and member programs.
• National Information Solutions Cooperative (NISC): Technology cooperative that built and operates SEIEC's SmartHub platform; serves as the shared digital infrastructure provider for hundreds of electric cooperatives, including SEIEC.
• Southern Illinois Power Cooperative (SIPC): Generation-and-transmission cooperative that supplies 100% of SEIEC's wholesale power; comparable in cooperative structure and Touchstone Energy affiliation, though operating upstream of distribution.

Direct peers

• Norris Electric Cooperative: Rural Illinois electric distribution cooperative with similar size, member-owned structure, and southern/central Illinois service footprint; highly comparable operating model.
• Egyptian Electric Cooperative Association: Neighboring southern Illinois rural electric cooperative distributing power to members across a similar multi-county service territory; directly comparable in scale, structure, and customer base to SEIEC.
• Clay County Electric Cooperative: Rural Illinois electric distribution cooperative serving members in a contiguous southern Illinois region; directly comparable member-owned distribution business with similar regulatory and operational profile.
• Tri-County Electric Cooperative (Illinois): Member-owned rural Illinois electric cooperative distributing electricity across a comparable multi-county territory; directly comparable in scope, member segments, and cooperative governance.
• Wayne-White Counties Electric Cooperative: Member-owned rural electric cooperative in southeastern Illinois operating a comparable distribution grid for residential, commercial, and agricultural members; same business model and cooperative governance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

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 SouthEastern Illinois Electric Cooperative Inc