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Umatilla Electric Cooperative history
Umatilla Electric Cooperative company history timeline
Umatilla Electric Cooperative (UEC) was incorporated June 18, 1937, to meet the growing need for rural electricity in this area.
But in 1942, an agreement was reached with the relatively new Bonneville Power Administration, resulting in lower power rates.
The National Rural Electric Cooperative Association, formed in 1942, represents the national interests of electric cooperatives.
Interest rates for all power equipment were a mere two percent until 1973, when the Rural Electrification Administration increased the rate to five percent.
UEC enjoyed the benefits of surplus hydroelectric power until 1975 when higher interest rates and double-digit inflation caused UEC’s first rate increases.
During the early 1980’s, the costs of nuclear and coal generating plants were added to BPA and UEC rate bases.
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Umatilla Electric Cooperative competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Northeast Oklahoma Electric Cooperative | 1938 | $92.2M | 184 | 4 |
| Pointe Coupee Electric Membership | 1938 | $50.0M | 43 | - |
| Douglas Electric Cooperative Inc | 1939 | $50.0M | 36 | - |
| Wolverine Power Supply Cooperative | 1983 | $7.0M | 100 | - |
| Wabash Valley Power Alliance | 1963 | $702.4M | 99 | 13 |
| Nashville Electric Service | 1939 | $380.0M | 507 | - |
Umatilla Electric Cooperative history FAQs
Zippia gives an in-depth look into the details of Umatilla Electric Cooperative, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Umatilla Electric Cooperative. The employee data is based on information from people who have self-reported their past or current employments at Umatilla 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 Umatilla Electric Cooperative. The data presented on this page does not represent the view of Umatilla Electric Cooperative and its employees or that of Zippia.
Umatilla Electric Cooperative may also be known as or be related to UMATILLA ELECTRIC COOPERATIVE and Umatilla Electric Cooperative.