Randolph Electric Membership Corporation

Randolph Electric Membership Corporation (Randolph EMC) is a long-standing cooperative in the energy industry, dedicated to providing electricity and superior services to its members and communities. Established in 1938 in central North Carolina, Randolph EMC was founded by nine individuals who shared the vision of bringing electricity to rural areas. Initially funded by a $300,000 loan, the cooperative has since grown to serve over 31,000 consumer-members across more than 4,100 miles of line in several counties. Despite its expansion, Randolph EMC remains true to its founding principles, as it continues to be "owned by those it serves." The cooperative operates with the core objective of providing electrical power at an affordable cost while maintaining sound business practices. Its commitment to improving the quality of life in rural areas reflects the ethos of the Rural Electric Administration (REA), which was established during the era of the Roosevelt Administration to address the lack of electricity in rural communities. Randolph EMC’s historical significance, commitment to its members, and continued adherence to its foundational values position it as a notable player in the energy sector. The cooperative's unique business model, rooted in community ownership and service, underscores its potential for sustained impact and growth in the evolving energy landscape.