The Energy Cooperative
We Are the Energy Cooperative
In October of 1998, Licking Rural Electrification, Inc. (LRE) acquired National Gas & Oil Company and its subsidiaries, National Gas & Oil Corp., Producers Gas Sales, NGO Development Corp., and NGO Propane. The Energy Cooperative is the trade name used by LRE and its subsidiaries, which operate as separate corporations.
Why Were Cooperatives Formed?
By the mid 1930's almost every urban area in the United States had electric service. In rural areas, only 10 percent of people enjoyed the convenience of electricity because investor-owned utilities could not cost justify building miles of line to serve only a few consumers. Today, Ohio's electric cooperatives serve nearly 340,000 homes and businesses in Ohio and there are nearly 1,000 rural electric cooperatives across the nation serving 25 million consumer-members.