Kit Carson Electric Cooperative
Electricity, fiber optic internet, and propane services for Northern New Mexico with a focus on sustainable energy solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $231m | Grant | |
| Total Funding | 000k | ||
Kit Carson Electric Cooperative serves Northern New Mexico by providing essential utilities including electricity, fiber optic internet, and propane services. Operating as a cooperative, it caters to residential, commercial, and industrial clients in the region. The business model revolves around member ownership, where profits are reinvested into the community or returned to members. Revenue is generated through utility service fees and sales. The cooperative is committed to expanding its solar production capabilities, aiming for 100% daytime solar energy, which aligns with its focus on sustainable energy solutions. Kit Carson Electric Cooperative is also involved in preventative maintenance and safety initiatives to ensure reliable service delivery. The cooperative's strategic partnerships, such as with Guzman Energy and Leeward Renewable Energy, further its renewable energy goals. Keywords: electricity, internet, propane, cooperative, Northern New Mexico, solar energy, sustainability, community, renewable, utilities.