Basin Electric Power Cooperative

Ranges at home on the range depend on Basin Electric Power Cooperative, as do other electric-powered items in nine states from Montana to Iowa to New Mexico. The consumer-owned power generation and transmission co-op provides power to 136 rural electric member systems, which serve about 2.9 million people. It had generating capacity of 4,824 MW (mostly coal-fired) in 2013. Basin Electric's subsidiaries include Dakota Gasification (which produces natural gas from coal), Dakota Coal (markets lignite and limestone), Basin Telecommunications (Internet access), Basin Cooperative Services (property management), PrairieWinds (wind power), and Souris Valley Pipeline (CO2 pipeline).

Geographic Reach

Basin Electric serves customers in Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming. The enterprise's generation facilities are located in Iowa, Minnesota, Montana, North Dakota, South Dakota, and Wyoming. 

Operations

The company maintains 2,250 miles of high-voltage transmission, 66 switchyards, and about 150 telecommunication locations. It generates about 990 MW for participants in the Missouri Basin Power Project (a group of six regional, consumer-owned energy entities that built the Laramie River Station in Wyoming).

Financial Performance

Basin Electric's revenues grew by 15% thanks to higher electricity resales and other electric revenue. Net income increased by 23% as teh result of higher net sales and lower operating costs.

Strategy

Basin Electric, like all power utilities, is under regulatory pressure to lower the carbon emissions from its power production. As part of its commitment to cleaner energy production, the company has established two wind power subsidiaries to build wind farms in the Dakotas.

In 2013 Basin Electric signed two power purchase agreements with California-based Infinity Wind Power associated with the development of two new wind projects in North Dakota with a combined capacity is 278 MW.

The company generated 437 MW of its total capacity of 482 MW of renewable energy in 2012 from wind power sources. That year, about 16% of Basin Electric's generating capacity came from renewable sources.

In 2011 Basin Electric opened the Crow Lake Wind Project (Nebraska) its largest renewable project to date, with 162 MW of power generating capacity.

Company Background

Basin Electric's operations are overseen by a 10-member board of directors elected by and representing individual membership districts. Dakota Gasification and Dakota Coal have separate boards.

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Basin Electric Power Cooperative


1717 E Interstate Ave
Bismarck, ND 58503-0564
Phone: 1 (701) 223-0441
Fax: 1 (701) 2230441
www.basinelectric.com

STATS


  • Employer Type: Private Cooperative
  • CEO and General Manager: Paul Sukut
  • President, Basin Electric board: Wayne Peltier
  • CEO and General Manager: Paul Sukut

Major Office Locations

  • Bismarck, ND

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