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Basin Electric named to top revenue-earning co-op list

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The annual NCB Co-op 100 lists the nation’s top 100 revenue-earning cooperative businesses.

Basin Electric made the top 100 revenue-earning cooperative list released annually by NCB. NCB is known for providing financial support to cooperatives nationwide. It recently released its annual NCB Co-op 100, listing the nation’s top 100 revenue-earning cooperative businesses. In 2010, the cooperatives on the list posted revenues totaling approximately $193.8 billion. 

“The boom of cooperative organizations and the key role they play in both our national and global economy, is clearly evidenced in the growth and expansion highlighted in this year’s report,” said Charles E. Snyder, NCB’s president and CEO. “As a cooperative business ourselves, we are proud to support these efforts and participate in the United Nations General Assembly declaration of 2012 as the International Year of the Cooperative, to educate the public on the benefits of cooperatives. Our report is just one of the many ways we work to inform the public on the advantages of cooperatives in all fields of enterprise.”

The top 100 listing includes not just energy cooperatives, but all cooperative categories. Basin Electric earned the 29th position with a reported $1.5 billion in revenue in 2010.

The NCB Co-op 100 is released annually during October, which is National Co-op Month. The entire NCB Co-op 100 report is available at www.coop100.coop.

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