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Intermountain Rural Electric Association history
Intermountain Rural Electric Association company history timeline
Moon Lake Electric was organized in 1938 as a rural electric cooperative by residents of Northeastern Utah who were unable to obtain electric service from a private power company.
The first official board meeting was held on November 15, 1939.
On August 26, 1940, EEA purchased its first truck from Cortez Motor Sales for $731.18, a 3/4 ton 1940 Chevy pickup.
The organization of this cooperative began in 1940 when a power line was constructed to Mesquite and Bunkerville, Nevada, from Hoover Dam.
February 6, 1941, EEA was approved for its first loan from Rural Electrification Administration (REA), not to exceed $33,000.
As a result, in 1942, America’s electric cooperatives formed the National Rural Electric Cooperative Association (NRECA) to provide a unified voice for cooperatives and to represent their interests in Washington, DC.
July 1, 1943, the Board of Directors authorized he acquisition of all the electric transmission and distribution lines and other properties from Highland Utilities Company for $150,000.
Ivan Patterson became the first General Manager in 1944.
On August 1, 1946, EEA began requiring inspections prior to providing service to new members.
These residents applied for federal funds and organized the Escalante Valley REA in 1946.
In December 1948 the first operating margins were allocated to members as capital credits.
On April 13, 1950, the Board of Directors moved its meeting from Dove Creek to Cortez for the first time and changed the principle office to Cortez on January 12, 1950.
By 1950, Western Colorado Power finally agreed to sell SMPA all the power it needed to serve their members and the two large mills in the area that were processing uranium and vanadium.
Photovoltaic technology was “born” in 1954 when three scientists at Bell Labs created the first solar cell capable of converting the sun’s energy into power.
On August 8, 1957, EEA contracted with NRECA to use the Willie Wiredhand cartoon logo in its advertising.
In February 1959 the first automated phone answering system was installed in the office.
On August 24, 1960, the Colorado Ute generating plant at Nucla was dedicated.
In 1965, EEA purchased electrical facilities at Mesa Verde National Park.
By 1972, Western Colorado Power had reached a low point and eventually merged with Utah Power and Light.
Evan Woodbury headed up the organization of Dixie REA which operated independently for about 25 years until it merged with Littlefield REA in 1974.
In 1976, office employees voted to join the IBEW union.
In 1978 the two merged with Escalante Valley REA. R. Leon Bowler, who had been serving as General Manager of both Escalante Valley REA and Dixie REA, assumed the reins of General Manager of Dixie Escalante Rural Electric Association in 1978 after the merger.
In May 1980 EEA purchased the Monticello, Utah system.
Since 1980, co-ops have largely relied on electricity generated by coal-fired power plants supplied by electric wholesalers.
In 1990, Colorado Ute Electric Association filed for bankruptcy protection.
On May 20, 1994, the Board approved its first strategic plan.
On April 1, 2008, R. Leon Bowler, long time manager of Dixie Power retired after 55 years in the electrical industry.
In late 2019, the United States Department of Energy awarded a $1 million grant to NRECA to make solar energy more affordable for communities with fewer financial resources and extend the benefits of solar development to low- and moderate-income consumers.
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Intermountain Rural Electric Association competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sho-Me Power Electric Coop | - | $59.0M | 350 | - |
| Kansas Electric Power Cooperative Inc. | 1975 | $161.8M | 24 | - |
| PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION | 1939 | $10.0M | 100 | 8 |
| N. W. Electric Power Cooperative | 1949 | $104.3M | 125 | - |
| Central Power Electric Co-Op | 1949 | $172.5M | 41 | - |
| Oklahoma Natural Gas | 1906 | $180.0M | 1,100 | - |
| Kissimmee Utility Authority | 1901 | $233.1M | 234 | - |
| EnergyUnited | 1998 | $8.9M | 125 | 10 |
| Petro Home Services | 1903 | $400.0M | 2,226 | 84 |
| SMECO | 1937 | $370.0M | 125 | - |
Intermountain Rural Electric Association history FAQs
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Intermountain Rural Electric Association may also be known as or be related to Intermountain Rural Electric, Intermountain Rural Electric Association and The Intermountain Rural Electric.