Price Electric

Price Electric Cooperative exists today because in the 1930’s only ten percent of rural America had electric service. The Rural Electrification Administration (REA) was created to provide low cost money to finance the electrification of rural areas by the federal government in 1935. Investor owned utilities were not interested in rural areas even with low cost money, so Rural Electric Cooperatives (REC’s) were formed by farmers and other rural people to bring electricity to the countryside.

Price Electric