Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car

Wells Rural Electric Co
1451 Humboldt Ave, Wells, Nevada, United States

Memberships : NA
Industry : Electric Power
Badge
Basic Member
Since Dec, 2016
About Company

Wells Rural Electric Company is a member-owned, non-profit cooperative that provides electrical service across 1,385 miles of power line to more than 10,000 square miles of Northeastern Nevada and part of Tooele County in Utah.

Incorporated in 1958 to obtain central station power for the rural areas around Wells, WREC started operation in June of 1960 with 583 customers and has since grown to more than 6,000 accounts with headquarters in Wells and offices in Carlin and West Wendover.

Our owners range from residential users to business owners, ranchers and mining operations.

WREC reached a system peak of 105.41 megawatts in December, 2007.

History

Wells Rural Electric Company is a member-owned non-profit cooperative which was incorporated in 1958 to obtain central station power for the rural areas around Wells. A board of directors was formed and Clover Valley rancher, Robert Wright, was elected president.

In 1959 a Rural Electrification Administration (REA) loan was secured, an agreement for wholesale power from Idaho Power Company was obtained and Wells Power Company was purchased. In June of 1960 WREC began service to 583 customers.

In 1961 the Wendover Power Company was acquired with the aid of an REA loan which also brought central station power to the Jiggs/Lee area, south of Elko, Nevada, bringing the total served to 824.

The city of Carlin’s municipal power plant was purchased in1979. WREC then served 2,430.
On February 4, 1986 residents in Pine Valley, south of Carlin, received Wells Rural Electric service for the first time, bringing the number of total active accounts to 3,800.

Our Generation

Nearly all of WREC’s electricity is generated hydroelectrically via the Bonneville Power Administration (BPA).

BPA is a federal nonprofit agency that supplies about a third of the power in the Northwest. They generate a vast majority of their power from 31 federal hydro projects in the in the Columbia River Basin and also operate one nonfederal nuclear plant and several other small nonfederal power plants.

Cooperative Principles

1st Principle: Voluntary and open membership

Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political, or religious discrimination.

2nd Principle: Democratic member control

Cooperatives are democratic organizations controlled by their members, who actively participate insetting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives members have equal voting rights (one member, one vote) and cooperatives at other levels are organized in a democratic manner.

3rd Principle: Member economic participation

Members contribute equally to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. They usually receive limited compensation, if any, on capital subscribed as a condition of membership. members allocate surpluses for any and all of the following purposes: developing the cooperative, possibly setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.

4th Principle: Autonomy and independence

Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreement with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.

5th Principle: Education, training, and information

Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperatives. They inform the general public — particularly young people and opinion leader — about the nature and benefits of cooperation.

6th Principle: Cooperative among cooperatives

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structure.

7th Principle: Concern for community

While focusing on member needs, cooperatives work for the sustainable development of their community through policies accepted by their members.

Mission

 
Our goal is to provide reliable electricity at the lowest possible rates to each of our owners. WREC strives to provide high quality customer service and enrich the communities that we serve.
Company NameWells Rural Electric Co
Business CategoryElectric Power
Address1451 Humboldt Ave
Wells
Nevada
United States
ZIP: 89835
PresidentNA
Year Established1958
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Electric Power Services
Phone NumberLocked content Subscribe to view
Fax NumberLocked content
EmailLocked content
WebsiteLocked content
NamePositionContact DetailsSubscribe to view
***ManagerLocked content
***ContactLocked content
***ContactLocked content
***ContactLocked content
Not available
Not available
Company Review
Start your review of Wells Rural Electric Co
Electric Power Companies
Companies in United States

Contact Company

By continuing you agree to the Terms & Conditions and Privacy Policy of this website
Are ads getting in your way? Register for Ad-free pages and live data.
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search