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Delaware Municipal Electric Corporation Overview
๐๐ช๐ง ๐๐๐จ๐จ๐๐ค๐ฃ: 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 ๐๐ฒ๐น๐ฎ๐๐ฎ๐ฟ๐ฒ ๐ ๐๐ป๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐น ๐๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป (๐๐๐ ๐๐) 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 membersโ 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. ๐ข๐๐ฒ๐ฟ ๐ด๐ฑ% ๐ผ๐ณ ๐๐๐ ๐๐โ๐ ๐ฝ๐ผ๐๐ฒ๐ฟ ๐๐๐ฝ๐ฝ๐น๐ ๐ฐ๐ผ๐ป๐๐ถ๐๐๐ ๐ผ๐ณ ๐น๐ผ๐ ๐๐ผ ๐ป๐ผ ๐ฐ๐ฎ๐ฟ๐ฏ๐ผ๐ป ๐ฒ๐บ๐ถ๐๐๐ถ๐ผ๐ป๐.
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 homesโ electricity use for an entire year. Through prudent investments and strategic market purchases ๐๐๐ ๐๐ ๐ต๐ฎ๐ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐ฒ๐ฑ ๐๐ต๐ผ๐น๐ฒ๐๐ฎ๐น๐ฒ ๐ฟ๐ฎ๐๐ฒ๐ ๐ฏ๐ ๐ฎ๐ฒ% ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐ถ๐ป๐๐ฒ๐๐๐ฒ๐ฑ $๐ณ๐ฒ.๐ณ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฏ๐ฎ๐ฐ๐ธ ๐ถ๐ป๐๐ผ ๐ผ๐๐ฟ ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฐ๐ผ๐บ๐บ๐๐ป๐ถ๐๐ถ๐ฒ๐ over the past ten years.
Industry | Utilities |
Headquarters | Smyrna, DE |
Company size | 2-10 employees |
Website | http://www.PublicPowerDE.com |