Member-owned focus Target utilities with a cooperative, not-for-profit model in the western North Dakota region where McKenzie Electric serves. Opportunity to position cost-saving, member-centric programs and community-focused initiatives tailored to member-owned utilities.
Growth potential Small to mid-size utility with 11-50 employees and revenue in the tens of millions, indicating opportunities for scalable solutions that improve efficiency, field operations, maintenance, and member services as the coop grows.
Operations footprint Active workforce in Watford City and surrounding western North Dakota; consider solutions for linework, outage management, field telemetry, and contractor coordination to enhance reliability and reduce cycle times in a sparsely populated service area.
Recent leadership New CEO appointment in 2022 suggests ongoing strategic realignment; sales conversations can align with leadership’s priorities, such as modernization, efficiency, and financial resilience, as well as potential partnerships with Basin Electric-related stakeholders.
Financial leverage Revenue in the $50M–$100M range and engagement in regional power dynamics (including a legal action with Basin Electric) imply openness to solutions that improve rate competitiveness, cost recovery, and long-term financial sustainability for members.