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Ohio Rural Electric Cooperatives, Inc. (OREC)
Ohio Rural Electric Cooperatives, Inc. is made up of Ohio's 25 rural electric cooperatives. OREC provides specialized services to member systems at the state and local level. The association provides such services as publishing Country Living magazine, job-safety training programs, and keeping abreast of legislation and laws affecting cooperatives. Each cooperative elects one director to serve on its Board of Directors.
Buckeye Power, Inc.
Buckeye Power, Inc. is a generation and transmission cooperative jointly owned
by the 25 electric cooperatives in Ohio. Buckeye Power was formed for two
reasons: (1) to provide Ohio cooperatives with a dependable source of electric
power; and (2) to provide that power at the lowest possible cost. Buckeye Power
owns a coal-fired steam generating station (Cardinal Plant) which is located on
the Ohio River near Brilliant, Ohio. From this plant, which has a capacity of
1,230,000 KW, power is transmitted to each of its member cooperatives to provide
us with a dependable wholesale power supply. Buckeye was financed with money
from its member cooperatives in addition to loans from RUS and CFC. Each year
all margins are distributed as capital credits to all member cooperatives on the
basis of the amount of energy purchased during the year. These capital credits
in turn are allocated to all our members, based on the amount of energy used
during the year. Each cooperative elects one representative to serve on its Board of
Directors.
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