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Duck River Electric history
Duck River Electric company history timeline
May 1936 The established electric companies were powerful and well organized, and Roosevelt’s executive order was largely ignored.
Duck River Electric Membership Corporation, an electric cooperative, was democratically founded in 1936 by a group of community-focused citizens with the goal of providing central station electric power to rural areas that previously were unserved.
Your trusted energy provider since 1936.
August 1937 The cooperative secured its first REA loan of $379,000 to expand power line construction and negotiated a wholesale contract to purchase electricity from TVA. The cooperative was up and running, based on a successful business plan that is still in place today.
DREMC’s promise of reliable electric power was tested by power outages in January and February 1951 when a large portion of its service area was damaged by severe sleet and ice storms.
In 1986, DREMC celebrated 50 years of providing electric power to this region: still member-owned, nonprofit and ardently seeking the best ways to serve the needs of members, who had now owned this corporation for half a century.
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Duck River Electric competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Western Iowa Power Cooperative | 1997 | $13.9M | 38 | - |
| Pedernales Electric Cooperative | 1938 | $540.0M | 700 | 52 |
| East-Central Iowa Rural Electric Cooperative | 1995 | $50.0M | 35 | - |
| Fergus Electric Cooperative | 1938 | $50.0M | 26 | - |
| ASHLEY-CHICOT ELECTRIC COOPERATIVE | 1941 | $50.0M | 20 | - |
| Glacier Electric Cooperative, Inc. | 1945 | $16.6M | 30 | - |
| Southern Telecom | 1988 | $8.5M | 150 | - |
| Central MIssouri Electric Cooperative | 1938 | $3.9M | 50 | - |
| Aqua | 1886 | $671.0M | 1,700 | 100 |
| COP-USA | - | $1.4M | 15 | - |
Duck River Electric history FAQs
Zippia gives an in-depth look into the details of Duck River Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Duck River Electric. The employee data is based on information from people who have self-reported their past or current employments at Duck River Electric. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Duck River Electric. The data presented on this page does not represent the view of Duck River Electric and its employees or that of Zippia.
Duck River Electric may also be known as or be related to DUCK RIVER ELECTRIC MEMBERSHIP CORP, Duck River Electric and Duck River Emc.