A cooperative is a business that is owned by the people who use it – members who have organized to provide themselves with the products and services they need. The members elect a board of directors who govern the cooperative and represent the needs of its members. All net margins are returned to the members in the form of capital credits.
Eastern Illini Electric Cooperative was formed in 1987 by the union of two electric cooperatives: Eastern Illinois Power Cooperative and Illini Electric Coooperative who had each served their members since 1938. Together, they formed a larger, more powerful cooperative that could provide more reilability and cost-effective power solutions for their members. Today, EIEC is about much more than an electric cooperative – we’re about community, business, education, and providing other products and services needed by our members/owners.
Similar to the cooperative spirit that helped form electric cooperatives in the 1930s, Eastern Illini has banded together with nine other distribution cooperatives in Illinois to form our own cooperative. Prairie Power, Inc. (PPI) is our generation and transmission cooperative (sometimes called a G&T). We get all of our electricity from PPI and by combining our collective energy loads we are able to improve our economies of scale.
| Company Name | Eastern Illini Electric Co-Op |
| Business Category | Electric Power |
| Address | 330 W Ottawa Rd Paxton Illinois United States |
| President | Thomas Schlatter |
| Year Established | NA |
| Employees | NA |
| Memberships | NA |
| Hours of Operation | Monday-Friday: 8AM–5PM |
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$49 USD/MONTH