Basin Electric Power Cooperative
|Industry:||Public Utilities & Services|
Basin Electric Power Cooperative is a wholesale electric generation and transmission cooperative based in North Dakota that provides electricity to 2.8 million customers in nine U.S. states. The roots of the cooperative go back to 1960 when Leland Olds and ten power suppliers created Giant Power Cooperative. Giant Power was first going to be a generation and transmission cooperative, but to keep electricity cheaper for rural customers, Basin Electric Power Cooperative was started in 1961.