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Magic Valley Electric Cooperative history
Magic Valley Electric Cooperative company history timeline
In 1937, a group of Rio Grande Valley farmers and ranchers came together and acquire a loan under the Rural Electrification Act (REA) to finance the development of an electric cooperative.
On November 1, 1945, MVEC installed two-way radio systems in their service trucks.
John Doedyns, MVEC’s Board President, presenting the first capital credit check paid by any electric cooperative in the Nation to member H.D. Aderhold on October 1, 1950.
Since 1960, MVEC has shown compassion for the communities it serves.
In 1975, MVEC installed data processing equipment consisting of an IBM system 3, Model 8 Computer.
From the original 125 members, MVEC had grown to over 40,000 in 1992.
December 10, 1998, Ground Breaking Ceremony for the Brownsville office.
October 22, 1999, Ground Opening Ceremony for the Edinburg office.
In 2009, MVEC joined South Texas Electric Cooperative (STEC) and transfered transmission and substation assets to diversify our fuel mix and distribute electricity at the lowest possible cost.
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Magic Valley Electric Cooperative competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cobb EMC | 1938 | $849.7M | 600 | - |
| Central Electric Cooperative | 1938 | $56.7M | 50 | - |
| Union Power Cooperative | 1939 | $19.0M | 125 | - |
| Citizens Electric | 1947 | $125.8M | 50 | 1 |
| Twin Valley Electric Cooperative | 1947 | $6.0M | 13 | - |
| SWREA | 1937 | $64.7M | 80 | - |
| COLEMAN ELECTRIC | 1937 | $50.0M | 33 | - |
| Palmetto Cooperative | 1969 | $2.0M | 15 | - |
| First Electric Cooperative | 1937 | $179.3M | 350 | - |
| Sumter Electric Cooperative, Inc. | 1938 | $1.6M | 75 | 2 |
Magic Valley Electric Cooperative history FAQs
Zippia gives an in-depth look into the details of Magic Valley Electric Cooperative, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magic Valley Electric Cooperative. The employee data is based on information from people who have self-reported their past or current employments at Magic Valley Electric Cooperative. 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 Magic Valley Electric Cooperative. The data presented on this page does not represent the view of Magic Valley Electric Cooperative and its employees or that of Zippia.
Magic Valley Electric Cooperative may also be known as or be related to MAGIC VALLEY ELECTRIC COOPERATIVE INC, Magic Valley Electric Cooperative and Magic Valley Electric Cooperative, Inc.