Delaware Municipal Electric Corporation
Utilities, 22 Artisan Dr, Smyrna, Delaware, 19977, United States, 1-10 Employees
Who is DELAWARE MUNICIPAL ELECTRIC CORPORATION
Our Mission: To support our members' success and relevance, DEMEC delivers excellence in competitive, reliable, sustainable power supply and innovative services, advancing the benefits of...
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Headquarters: 22 Artisan Dr, Smyrna, Delaware, 19977, United States
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Date Founded: 1979
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Employees: 1-10
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Revenue: $5 Million to $10 Million
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Active Tech Stack: See technologies
Industry: Utilities
SIC Code: 4911
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Frequently Asked Questions Regarding Delaware Municipal Electric Corporation
Answer: Delaware Municipal Electric Corporation's headquarters are located at 22 Artisan Dr, Smyrna, Delaware, 19977, United States
Answer: Delaware Municipal Electric Corporation's official website is https://publicpowerde.com
Answer: Delaware Municipal Electric Corporation's revenue is $5 Million to $10 Million
Answer: Delaware Municipal Electric Corporation's SIC: 4911
Answer: Delaware Municipal Electric Corporation has 1-10 employees
Answer: Delaware Municipal Electric Corporation is in Utilities
Answer: Delaware Municipal Electric Corporation contact info: Phone number: Website: https://publicpowerde.com
Answer: Our Mission: To support our members' success and relevance, DEMEC delivers excellence in competitive, reliable, sustainable power supply and innovative services, advancing the benefits of community-owned utilities. Dedicated to serving eight communities in our great state that own and operate their electric systems, the Delaware Municipal Electric Corporation (DEMEC) provides wholesale electric power supply and other services to benefit nearly 100,000 residents and local businesses in New Castle, Newark, Middletown, Smyrna, Clayton, Milford, Seaford, and Lewes. Over the past ten years, all our member systems have experienced annual growth rates well above the national average. As a Joint Action Agency, we supply our members power requirements from an optimized mix of owned generation resources and contracts with other generators, utilizing economies of scale to secure competitive power supply pricing. These assets include natural gas, solar, and wind energy; all of which have extremely low to no emissions. DEMEC has invested in over 26MW of utility-scale solar, 71MW of wind, and 215MW of natural gas generation. Over 85% of DEMECs power supply consists of low to no carbon emissions. DEMEC continues to support renewable energy, expand demand response resources, and increase the impact of energy efficiency to reduce our carbon footprint. Since 2018, our energy efficiency program has saved customers over 5 million kilowatt hours of energy, equal to 648 homes electricity use for an entire year. Through prudent investments and strategic market purchases DEMEC has reduced wholesale rates by 26% and reinvested $76.7 million back into our member communities over the past ten years.
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