Hancock-Wood Electric Cooperative
WHAT DO YOU LIKE ABOUT DOING BUSINESS IN OHIO?
Hancock-Wood Electric Cooperative is proud to be part of a robust power network of 24 Ohio cooperatives delivering safe, affordable, reliable electricity and contributing to enhanced quality of life in our communities. Recently, Ohio’s member owners were recognized as the most involved activists in the nation fighting for co-op rights.
DESCRIPTION OF BUSINESS:
A strong and vital network of connections helps Hancock-Wood Electric Cooperative offer even more to residents and businesses than their thriving rural energy distribution services. With the power of a national cooperative system to back them and their non-profit status, they have forged strong partnerships with government, commercial development and community entities that allow them to leverage funding such as grants and low-interest loans to benefit business expansion and growth projects that help keep rates stabilized for all members. Business moves here, in fact, their service area was named top spot in the country for development three years in a row.
They also partner with their communities to bring more than half a million dollars in contributions within the past decade to police, EMS and fire, Habitat for Humanity, scouts, schools, the arts, community events, and various non-profit organizations.
The co-op’s 24 substations with megawatts of robust capacity are much less vulnerable to outages due to their advanced technological systems that can remotely reroute power from one substation to another and back up data to their disaster recovery center. This kind of innovation, which was featured in the August 2015 issue of RE Magazine, has defined Hancock-Wood throughout its nearly 80-year history.
|Location:||1399 Business Park Drive, South North Baltimore, Ohio 45872, Wood County|
|Type of Industry:||Electric Distribution Cooperative, Electric Utility|
|Products/Services:||Reliable Power Delivery, Capital Credits Return on Co-op Investment, Commercial and Residential Rebates|
|Number of Current Employees:||42|
|Year Company Started:||1938|
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*All information was submitted by the company.