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Not all electric
utilities are alike. In fact, Kentucky, like the remainder of the
United States, is served by three types of electric utilities:
investor-owned utilities, municipal utilities, and cooperative
utilities.
Investor-owned
utilities
are owned by stockholders and are in business to earn profits for
those investors.
Municipal
utilities
are owned by cities and are operated as government agencies to serve
city residents.
Cooperative
utilities
are owned by the customers they serve and are run by democratically
elected boards of directors to provide electric service to those
customer-owners on a not-for-profit basis.
In addition to
providing reliable, affordable electricity, Kentucky’s electric
co-ops are committed to improving the quality of life for all
Kentuckians. Electric co-ops accomplish this goal through a variety
of means such as economic development activities, safety
demonstrations for school and community groups, and scholarships for
college-bound students.
In Kentucky,
electric cooperatives serve more than 1.5 million people (about 35%
of the state’s population) in 117 of Kentucky’s 120 counties.
Click on the
following items to learn more about what makes electric cooperatives
special.
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