Southern Illinois Power Cooperative is a generation and transmission cooperative providing wholesale electric power to seven member distribution cooperatives and two wholesale customers in Illinois. Annual revenues are $200 million and assets are approaching $1 billion. SIPC owns and operates over 900 miles of high-voltage transmission lines and multiple substations.
Headquartered in Steeleville, Illinois, Egyptian Electric serves Jackson, Perry and Randolph counties, as well as parts of St. Clair and Washington counties. In 2006, facing anticipated growth in industry, the utility needed to expand its plant or build a new one. The most logical solution was to partner with Prairie State.
"Prairie State offers us a long term power supply solution to hedge against future volatility," said Bryce Cramer, member services manager for Egyptian Electric. "Besides, coal is important to our region – many of our members are employed in the coal industry."
"It's a pleasure working for an organization where the primary focus is on serving our co-op members and not having to worry about short term gains for investors," said Cramer. In addition to helping people use electricity more efficiently, the utility supports the community in other ways.
Egyptian Electric recently offered six $500 Classroom Empowerment Grants to fund innovative projects in schools located within the co-op's service area. Qualifying projects needed to improve the learning environment or increase educational resources for the school. James Riddle, executive vice president and general manager of Egyptian Electric, said, "We are committed to the community, and improving conditions for local students is a priority."