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North Arkansas Electric Cooperative employee Rhett Carter dies at 24

A North Arkansas Electric Cooperative employee died Aug. 25, and the cooperative will close its Mountain Home office Friday so workers can attend his services. Rhett Carter, 24, of Glencoe worked in the right-of-way division out of the cooperative's Ash Flat district office. "Rhett's loss is heartbreaking for our entire cooperative family," the cooperative said…
August 28, 20260Comments

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NAEC signs federal pledge on data center power costs

North Arkansas Electric Cooperative has signed the Ratepayer Protection Pledge, a voluntary commitment meant to keep data center construction from raising electricity bills for ordinary customers. The cooperative serves about 39,000 active accounts across parts of eight counties from offices in Salem, Ash Flat and Mountain Home. No data centers operate in its territory. "NAEC…
August 10, 20260Comments

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NAEC meets Tuesday with record margins, a new rate increase and no public look at executive pay

North Arkansas Electric Cooperative heads into its annual meeting today having turned the rate increase its members fought a year ago into the strongest financial results in its recent history. The cooperative posted record total margins of $14.1 million in 2025, its first full year under a 9.4% rate increase that members challenged at a…
June 23, 20260Comments

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NEXT, Powered by NAEC raises nearly $15,000 for area schools through Fuel the Future

NEXT, Powered by NAEC has raised nearly $15,000 for area school districts this school year through its Fuel the Future initiative. NEXT contributed $12,000 to local districts in 2025. Additional support came from local business partners, including FNBC, Danfoss, Lakeview Auto and Century Bank of the Ozarks. The added contributions raised the total impact of…
May 20, 20260Comments

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Business Events News Outdoors

North Arkansas Electric Cooperative returning nearly $6 million to members

North Arkansas Electric Cooperative is returning nearly $6 million in capital credits to its members this month, marking the 38th consecutive year the cooperative has issued refunds. The $5,957,140 distribution brings the total returned to members to nearly $59 million since NAEC was founded in 1939. "Returning capital credits sets NAEC and other electric cooperatives…
December 8, 20250Comments

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Business Education Events Feature Government News Outdoors

NAEC annual meeting hears $3 billion coal replacement plan from state power provider

The head of Arkansas's wholesale power provider told local cooperative members last Thursday that the state's electric cooperatives should build 1,850 megawatts of new natural gas generation by 2030, claiming it's the only viable option to replace coal plants being closed after an environmental lawsuit. Arkansas Electric Cooperative Corporation CEO Buddy Hasten made the case…
June 26, 20250Comments

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Electric Co-op storm aid plummets from 87% to 35% as FEMA pulls back

North Arkansas Electric Cooperative faces a potential $4 million shortfall from the March tornadoes after learning the Federal Emergency Management Agency will not provide disaster assistance, cooperative officials revealed Thursday. The funding crisis, disclosed during NAEC's annual meeting, marks a dramatic shift from historical disaster reimbursements and could force the cooperative's 38,000 members to absorb…
June 24, 20250Comments

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NAEC’s 12.4% rate hike approved by state regulators as members seek to challenge board’s leadership

North Arkansas Electric Cooperative (NAEC) members will soon face higher utility bills as the cooperative implements a 12.4% rate increase scheduled to take effect after April 1. The increase combines NAEC's 9.4% hike with a 3% wholesale increase from the Arkansas Electric Cooperative Corporation (AECC), which supplies the power that NAEC distributes to its customers.…
April 1, 20250Comments

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Business Education News

NAEC accepting applications for youth tour to D.C., Philly

North Arkansas Electric Cooperative is inviting high school juniors to apply for an all-expenses-paid trip to Washington, D.C., and Philadelphia. The trip, scheduled for June 14-20, will give students the opportunity to visit historic sites, learn about the nation’s government and connect with other young leaders. Students selected for the Youth Tour will visit landmarks…
February 4, 20250Comments

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