NDAREC Competitors

The Nebraska Rural Electric Association (NREA) is the private non-profit trade association for 34 rural electric systems that provide electric service to consumers in most of the rural areas and many of the small towns in the great State of Nebraska. Together, the more than 1,000 dedicated employees of our member-systems serve over 249,000 meters across more than 87,700 miles of line. In the 1930s, rural leaders took on the enormous task of building the electric utility infrastructure in Nebraska that would provide themselves and their neighbors with reliable and affordable electricity. The Rural Electrification Administration (REA) was created by executive order of President Roosevelt on May 11, 1935 and NREA was formed in October of that year to help these early leaders deal with problems of standardizing line construction and obtaining wholesale power supplies. Over the years, NREA's mission has evolved to include a broad range of activities to assist our member-systems as they face the many challenges of providing low-cost, reliable electric service to the rural regions of Nebraska. Today, the quality of electric service in the most remote areas of the state equals or exceeds the electric service available in our largest communities. This achievement continues to be a source of pride for the directors, managers, and other employees of our member-systems. This accomplishment has not been without its challenges, and as we work through the 21st century and the challenges posed by rising wholesale power costs and possible climate change legislation, we will face many new technical, economic and political challenges in the future. Nebraska's rural electric leaders will meet these challenges and will continue to be guided by their customer's desire for reliable, high-quality electric service at affordable rates. We are confident that Nebraskans will continue to see the value in maintaining their locally-owned, controlled, and operated rural public power districts and electric cooperatives.

* Supporting America’s Electric Cooperatives and the Members They Serve * The National Rural Utilities Cooperative Finance Corporation (CFC) is a member-owned, nonprofit finance cooperative serving America’s electric cooperative utilities. Created and owned by America’s electric cooperative network, CFC is committed to providing financing to more than 1,000 members and associates, which include electric distribution cooperatives, power supply cooperatives, and statewide and regional associations. • CFC’s assets total more than $29 billion. • CFC’s operations are grounded in the seven cooperative principles. • CFC’s employees adhere to the core values of service, integrity and excellence in serving their member-owners. For more information on CFC’s work with America’s electric cooperatives—and the services those co-ops provide in their own communities—please visit our website at www.nrucfc.coop.

NC Electric Cooperatives is a generation and transmission cooperative based in Raleigh, North Carolina.