Advocates For Consumer Rights

National Rural Electric Cooperative Association

 

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According to the National Rural Electric Cooperative Association (NRECA), “Cooperatives rely on loans and grants, as well as private financing both to maintain and modernize the existing system and to expand the system to meet the nation’s increasing demand for electricity.” Out of the reported total of 3,112 electric companies in the US, 200 are investor owned, 2000 are public companies (corporations) and 912 are co-ops.