CIPCO at a Glance
CIPCO supplies power requirements for its Member-owners.
Central Iowa Power Cooperative (CIPCO) is a generation and transmission electric cooperative owned by 13 rural electric cooperatives and associations that serve a population of over 300,000 rural and urban residents and more than 13,000 small and large commercial and industrial accounts across Iowa.
Each Member-owner cooperative is represented on the CIPCO Board of Directors by an elected director from their local board. The CIPCO Board is the governing body that selects the Chief Executive Officer who is responsible for day-to-day operations.
CIPCO supplies power requirements for its Member-owners and is dedicated to delivering 24/7 energy that is cost-effective, safe, and reliable.
Key Facts
Year founded: 1946
Locations: Cedar Rapids, Des Moines, Creston and Wilton
Ownership: Member-owned, not-for-profit cooperative
Member Distribution Systems: 13
Employees: 110
Profits: Earnings above the cost of providing electric service are returned to member systems and patronage dividends.
2023 Statistics
| Energy Sales (MWh) | 3,010,210 |
| Total Operating Revenue | $214,285,785 |
| Net Margin | $26,929,352 |
| Amount returned as patronage since inception | $137,000,000 |
| Total Assets | $909,309,520 |
| Average System Rate (cents/kWh) | 6.48 |
| Peak Demand (megawatts) | 675 |
| Miles of Transmission Lines | 1,997 |
CIPCO Difference
As the energy landscape shifts, we stay true to our mission, vision and values.
Our Mission
The mission of CIPCO is to provide Member-owners with wholesale power and services in a safe, reliable and cost-effective manner
Our Vision
The CIPCO Systems, through unity of purpose and progressive leadership, will exceed the competition in service excellence, product value, and resource deployment.
Our Values
- Reliability
- Member-Focused
- Transparency
- Safety
- Service Excellence
