Raccoon Valley Electric Cooperative (RVEC), headquartered in Glidden, Iowa, is a member-owned, non-for-profit rural electric cooperative. RVEC provides reliable, affordable, responsible energy to businesses and industries, farms and homes throughout west central Iowa.
RVEC is owned and controlled by the rural members we serve. RVEC is governed by seven (7) person Board of Directors elected by, the member-owners. Financing is obtained from the National Rural Utilities Cooperative Finance Corporation (CFC).
The Cooperative serves over 2,040 members with 1,242 miles of line in 9 counties with 18 employees.
To safely provide reliable, affordable and responsible service while being a leader in our community's prosperity and growth.
At RVEC, we share the same values as the seven principles of cooperatives below:
Seven Principles of Cooperatives• Voluntary and open membership without discrimination• Democratic member control• Members’ economic participation• Cooperative autonomy and independence• Member education, training and information to the general public• Cooperation among cooperatives• Concern for community.