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Southern Illinois Power Cooperative company history timeline

1948

In 1948 the Kewanee Public Service Company in central Illinois was purchased.

SIPC was originally organized in 1948 by Egyptian Electric Cooperative Association (Steeleville), SouthEastern Illinois Electric Cooperative (Eldorado) and Southern Illinois Electric Cooperative (Dongola) and the City of Cairo.

1950

By 1950 it was apparent that IP's two new power plants would not be enough to keep up with growing post-war demands and plans were made for the construction of two new plants.

IP also began looking to power pools and in 1950 it joined four neighboring utilities in Illinois and Kentucky to form Electric Energy, Inc., for the purpose of constructing a power plant in Paducah, Kentucky, near the Illinois border.

That attempt failed, but the new organization was able to obtain a notable reduction in electric rates when it signed a ten year bulk power contract for its member systems in 1950.

1953

In 1953 IP's third post-war power plant, the Hennepin Station, began operating in north-central Illinois.

1957

With the luxury of increased generating capacity, IP began to abandon its older generating plants in 1957, and during the next three years facilities in Champaign, Urbana, Decatur, and Danville ceased operations.

1960

By 1960 post-war population growth had pushed operating revenues past $100 million, with 30 percent of those sales coming from an increasing gas business.

1964

In 1964 IP joined with 11 other utilities from 10 states in the Midwest and East to form the power pool Mid-American Interpool Network (MAIN) to establish plans for a nationally interconnected electric distribution system and to provide economical backup generating capacity.

1966

Van Wyck was named chairman in 1966, filling a position that had been vacant since he assumed the presidency 26 years earlier.

1970

After being selected as a federal government test site in 1970, the Wood River Station became the first commercial power plant to test a method of removing and turning stack emissions into marketable sulfuric acid.

1971

In 1971 Van Wyck retired as chairman.

1974

IP's only major territorial expansion of the decade came in 1974, when it purchased the electric distribution system serving the southern Illinois city of Jacksonville.

1976

Wood River Station began burning only low-sulfur coal in 1976 and two years later a sixth unit at Havana Station went on line burning only low-sulfur coal.

1981

In 1981 IP formed three subsidiaries.

1985

In 1985, with Clinton Station about 99 percent complete, the Illinois Commerce Commission limited to $2.69 billion the amount IP could charge customers for the Clinton plant, with company stockholders expected to absorb any additional construction costs.

1989

In late 1989 Larry D. Haab was elected president, while Kelley remained chairman.

1991

The company also established a natural gas division to develop new and expand existing gas markets and in 1991 a natural gas vehicle demonstration program was started, using 35 fleet vehicles with fuel systems converted to use compressed natural gas.

2003

In 2003, SIPC completed a significant plant upgrade by replacing three aging small boilers with one 120 MW circulating fluidized bed boiler.

2008

SIPC is a member of ACES Power Marketing, Midcontinent Independent System Operator and Southeast Electric Reliability Council (SERC). In 2008, SIPC joined the National Renewables Cooperative Organization (NRCO) as a founding member.

2010

On January 1, 2010, Clay Electric Cooperative joined SIPC as the seventh member.

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Founded
1948
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Headquarters
Marion, IL
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Southern Illinois Power Cooperative may also be known as or be related to SOUTHERN ILLINOIS POWER COOPERATIVE, Southern Illinois Power Co-Operative and Southern Illinois Power Cooperative.