Verdigris Valley Electric Cooperative is a distribution electric cooperative, headquartered in Collinsville, Oklahoma. It was incorporated October 24, 1938. VVEC now provides electric service to residential, commercial and industrial consumers through 33,500 meters and more than 4,599 miles of electric line in portions of Nowata, Osage, Rogers, Tulsa and Washington counties in northeastern Oklahoma.
Among the 26 electric cooperatives operating in Oklahoma, Verdigris Valley Electric Cooperative is the third largest based on the number of meters served by the co-op. Ninety-two employees travel the Cooperative’s more than 3,200-square mile service territory daily, maintaining the electric system and providing consumer-oriented service. In addition to the headquarters facility, VVEC has warehouse and maintenance facilities in Nowata and Bartlesville, Oklahoma.
VVEC is a non-profit corporation wholly-owned by the members it serves. It is governed by a nine-member board of trustees who are elected at district meetings by the members residing in those districts. Terms of office are for three years, with three trustee positions being elected each year.
The cooperative is a member-owner of KAMO Power Electric Cooperative in Vinita, Oklahoma and Associated Electric Cooperative in Springfield, Missouri. These cooperatives generate and transmit the electricity VVEC purchases.
In 2007 the cooperative’s energy sales were over 595,000,000 kWh, total revenues were more than $43,000,000, over $791,000 in gross receipts taxes were paid and for the sixth consecutive year your co-op's trustees felt the Cooperative's financial situtaion was strong enough to return about $500,000 to you in the form of capital credits.
In addition, VVEC promotes the safe and economical use of electricity among the membership and participates in community and other activities which are in the interest of the membership and general public.