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  1. About
  2. CIPCO at a Glance
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CIPCO at a Glance

Central Iowa Power Cooperative (CIPCO) is a generation and transmission electric cooperative with member systems that serve a population of nearly 300,000 rural and urban residents and more than 13,000 small and large commercial and industrial accounts across Iowa.

Member-owner status is given to the 13 rural electric cooperatives and associations, each represented on the CIPCO Board of Directors by an elected director from their local board. The CIPCO Board is a governing body that selects the Chief Executive Officer who is responsible for day-to-day operations. 

CIPCO supplies all power requirements for its Member-owners, and as their power provider, is dedicated to delivering 24/7 energy that is affordable, safe, and reliable.

Key Facts

Year founded: 1946

Locations: Cedar Rapids, Des Moines, Creston and Wilton 

Ownership: Member-owned, not-for-profit cooperative

Member Distribution Systems: 13

Employees: 95

Profits: Earnings above the cost of providing electric service are returned to member systems and patronage dividends. 

 

2021 Statistics 

Energy Sales (MWh)

2,968,346

Total Operating Revenue

$184,114,748

Net Margin

$8,951,661

Amount returned as patronage since inception

$120,000,000

Total Assets

$899,434,034

Average System Rate (mills/kWh)

57.57

Peak Demand (megawatts)

615

Approximate Miles of Transmission Line

1,920

 

CIPCO's About Us

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Annual Report - 2021

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LOCATIONS

1400 Highway 13
Cedar Rapids IA 52403
P: (800) 373-8011

2600 Grand Avenue Ste. 300
Des Moines IA 50312
P: (800) 373-8011
 

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  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • CIPCO Difference
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • Opportunities in Energy: Iowa Career Pathways

©2023 Central Iowa Power Cooperative. A Touchstone Energy Cooperative.

  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • CIPCO Difference
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • Opportunities in Energy: Iowa Career Pathways