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  1. Financial
  2. Serving Our Member-owners With Sound Finances
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Serving Our Member-owners With Sound Finances

As a not-for-profit cooperative, CIPCO was formed by our Member-owners in order to provide them with wholesale power and services in a safe, reliable, and cost-effective manner. Our revenues are primarily derived from the sale of power to CIPCO Member-owners under long-term wholesale power contracts. Power is provided to members at rates determined by CIPCO’s board of directors and are designed to recover all costs and to provide margins sufficient to meet our financial goals. CIPCO’s strategy for managing our financial strength and power supply portfolio has achieved balance and diversity while maintaining superior reliably and price stability, all while minimizing risk.

Rating Agency

Date of Rating

Type

Rating

Outlook

Fitch

December 21, 2022

Issuer Rating

A

Stable

S&P

December 20, 2022

Issuer Rating

A

Stable

 

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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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Main navigation

  • 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