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Kit Carson Electric Cooperative

Energy and Utilities ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$23.0M
Funding Rounds
1
Last Funding
2023-10-18

About Kit Carson Electric Cooperative

Kit Carson Electric Cooperative (KCEC) is a member-owned electric distribution cooperative based in Taos, NM, serving Taos, Colfax, and Rio Arriba Counties since 1944. With over 29,000 members, KCEC provides electricity and has expanded into internet and propane services. The cooperative is committed to community leadership in economic development and supports approximately 125 families through employment opportunities. KCEC also focuses on renewable energy, aiming for 100% daytime solar energy by 2022.

Products & Services

Electricity:Provides electric distribution services to over 29,000 members in Taos, Colfax, and Rio Arriba Counties, including renewable energy initiatives like solar power and microgrid projects.
Internet:Offers high-speed internet services through Kit Carson Internet, supported by over 2,900 miles of fiber optic lines built with a grant from the American Recovery and Reinvestment Act.
Propane:Supplies propane services through Kit Carson Propane as part of its expanded infrastructure offerings.
Solar Energy Solutions:Focuses on solar energy production with a goal of 100% daytime solar energy by 2022, including net-metering and solar generation tracking.
Hydrogen Energy Production:Engages in green hydrogen energy production projects in Questa, NM.

Specialties

Electric Distribution Renewable Energy (Solar and Hydrogen) High-Speed Internet Infrastructure Propane Services Microgrid and Grid Resilience Projects

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant
T: -
FT: Grant
A: 23000000
MR: -
FA: $23 million
FAN: 23000000
D: 2023-10-18
FD: 2023-10-18
1 investors
Grant Latest
2023-10-18
$23.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Bobby Ortega

President

C

Cristobal Duran

Vice President

B

Bruce Jassman

Treasurer

M

Manuel Medina

Secretary, District 1

A

Arthur Rodarte

Board of Trustees, District 3

B

Bernie Torres

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Recent News

Kit Carson Electric Cooperative Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy and Utilities
Company Size
~260 employees (est.)

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