Guadalupe Valley Electric Cooperative

Guadalupe Valley Electric Cooperative (GVEC) is a cooperative based in South Central Texas. Its electric business is a not-for-profit membership operation, and it also extends additional services beyond the meter to both members and the general public. When revenues exceed expenses, the Board of Directors may disburse excess funds to member-owners as capital credits or reinvest them in Cooperative operations. GVEC was established in 1938 and describes itself as a cooperative with a purpose beyond delivering products and services, aiming to empower the people and communities it serves.

The Guadalupe Valley Electric Cooperative was established in 1938. According to GVEC, its establishment transformed the quality of life for many rural families through teamwork, vision, and a commitment to empowering the people and communities it served. GVEC describes itself as a cooperative: at heart, a group of people coming together for a common purpose, with a primary interest in reliably and affordably meeting the needs of its consumers rather than lining the pockets of financial investors. It operates two sides: membership in the not-for-profit electric portion of the business, which features exclusive member benefits, and additional services beyond the meter extended to both members and the general public. When revenues exceed expenses, and at the discretion of the Board of Directors, excess funds are either disbursed to the member-owners in the form of capital credits or invested back into Cooperative operations to support future needs and new services.

A not-for-profit cooperative whose primary interest is reliably and affordably meeting the needs of its consumers rather than financial investors.

• Electricity

  Not-for-profit electric service provided through cooperative membership.

• Internet service

  Internet utility service; GVEC is described as an electric and internet utility in Texas, US.

1. 1GVEC - Your Local Cooperative in South Central Texasgvec.org
2. 2About GVEC - GVECgvec.org
3. 3Company Culture and Employee Benefits at GVEC - Join Our Teamgvec.org
4. 4Guadalupe Valley Electric Cooperativewikidata.org