Craighead Electric Cooperative

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Craighead Electric Cooperative
Industry Rural electrical cooperative
Founded 1937
Headquarters Jonesboro, AR
Number of employees
110
Website craigheadelectric.coop

Craighead Electric Cooperative is a member-owned not-for-profit rural electric utility cooperative headquartered in Jonesboro, Arkansas, with district offices in Paragould, and Walnut Ridge, Arkansas.[1] A not-for-profit electric cooperative differs from a for profit investor owned electric company in a number of ways including capital credit refunds. For example, the cooperative in 2006 refunded $679,728 for the years 1976 and 1977.[2]

The Cooperative was organized in 1937 and the first 75 miles (121 km) of power lines[3] were energized in November 1938. In 1942 the cooperative pooled its resources with the other sixteen Arkansas power cooperatives to form a statewide association, Arkansas Electric Cooperatives, Inc., (AECI). In 1949, it became a member of the Arkansas Electric Cooperative Corporation.[4]

The Cooperative serves portions of seven counties in the state of Arkansas, in a territory generally north and east of Jonesboro: Craighead, Crittenden, Greene, Independence, Lawrence, Poinsett, and Randolph.

The Cooperative has more than 4,800 miles (7,700 km) of distribution lines, 18 substations, and services 30,000 meters. In 2009, a winter storm damaged roughly 8,000 of the cooperative's utility poles causing power outages to 25,000 customers.[3]

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