Mission
The aim of South Alabama Electric Cooperative is to provide reliable, quality, electric energy and related services to meet the needs of our diverse consumer base at the lowest possible cost consistent with sound economy and good management.
South Alabama Electric Cooperative is a Public Charity headquartered in Troy, AL. Financial data from the 2024 filing: $59.3M revenue, $60.3M expenses, $177.7M total assets.
The aim of South Alabama Electric Cooperative is to provide reliable, quality, electric energy and related services to meet the needs of our diverse consumer base at the lowest possible cost consistent with sound economy and good management.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $59.3M | $60.3M | $177.7M |
| 2023 | $55.7M | $58.7M | $169.2M |
| 2022 | $53.3M | $53.3M | $169.9M |
| 2021 | $49.3M | $49.3M | $170.3M |
| 2020 | $46.2M | $45.9M | $154.4M |
Between 2020 and 2024, reported annual revenue grew from $46.2M to $59.3M (+28%), with total assets most recently reported at $177.7M.
Interactive year-over-year charts and full filing details available with membership.