Insights

Expansion financing Seize financing momentum from the USDA Rural Development loan and loan guarantee program supporting Runestone Electric Association's expansion. This indicates potential for upsell on IT, project management, and billable services around project planning, grant/loan advisory, and implementation of smart grid or infrastructure upgrades.

Rural utility growth With 15,000 accounts and a small-to-mid-size workforce, REA is positioned for regional growth in a rural Minnesota footprint. This creates opportunities to offer scalable IT and cybersecurity, cloud hosting, and digital customer engagement tools tailored to member-owned cooperatives.

Tech stack momentum Current technology stack includes AWS, Cloudflare, WordPress, MySQL, and Stripe. There is a foundation for modernizing customer portals, payment processing, and data analytics. Propose managed cloud services, security enhancements, and data integration to support expansion.

Leadership transition Recent CEO appointment in 2024 signals strategic shifts and potential for new vendor relationships. Use this period to establish contact with executive leadership for strategic IT partnerships, modernization roadmaps, and vendor evaluation projects related to infrastructure upgrades.

Public engagement Active participation in annual meetings and public notices suggests openness to community and member communication improvements. Opportunities exist for member experience enhancements, digital communications platforms, and outage alert/messaging solutions that align with utilities' customer-first initiatives.

Similar companies to Runestone Electric Association

Runestone Electric Association Tech Stack

Runestone Electric Association uses 8 technology products and services including Amazon Web Services, Sucuri, Cloudflare, and more. Explore Runestone Electric Association's tech stack below.

Runestone Electric Association's Email Address Formats

Runestone Electric Association uses at least 3 email formats:
Runestone Electric Association Email FormatsExamplePercentage
First.Last@runestoneelectric.comJohn.Doe@runestoneelectric.com
63%
First@runestoneelectric.comJohn@runestoneelectric.com
25%
FLast@runestoneelectric.comJDoe@runestoneelectric.com
12%

Frequently Asked Questions

What is Runestone Electric Association's phone number?

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You can contact Runestone Electric Association's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Runestone Electric Association's official website and social media links?

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Runestone Electric Association's official website is runestoneelectric.com and has social profiles on LinkedIn.

How much revenue does Runestone Electric Association generate?

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As of August 2026, Runestone Electric Association's annual revenue is estimated to be $10M - $25M.

What is Runestone Electric Association's SIC code and NAICS code?

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Runestone Electric Association's SIC code is 1711 - Plumbing, Heating and Air-Conditioning and NAICS code is 22 - Utilities.

How many employees does Runestone Electric Association have currently?

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As of August 2026, Runestone Electric Association has approximately 12 employees across 1 continents, including North America. Key team members include Chief Executive Officer: K. D., President: A. H. and Vice President: B. W. Explore Runestone Electric Association's employee directory with LeadIQ.

What industry does Runestone Electric Association belong to?

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Runestone Electric Association operates in the Utilities industry.

What technology does Runestone Electric Association use?

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Runestone Electric Association's tech stack includes Amazon Web Services, Sucuri, Cloudflare, WordPress, MySQL, Mimecast, Stripe and Material UI.

What is Runestone Electric Association's email format?

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Runestone Electric Association's email format typically follows the pattern of First.Last@runestoneelectric.com. Find more Runestone Electric Association email formats with LeadIQ.

When was Runestone Electric Association founded?

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Runestone Electric Association was founded in 1935.
Runestone Electric Association logo

Runestone Electric Association

UtilitiesMinnesota, United States11-50 Employees

Runestone Electric Association is a member-owned electric cooperative that provides reliable electric service to about 15,000 accounts in west central Minnesota. It is based in Alexandria, Minnesota, and operates as a local utility within the electric industry. As a member-owned organization, it serves its service area under a cooperative governance model and delivers electricity to its customers in the region. In March 2024, the cooperative announced plans for expansion to support its growing service footprint. Colleen Landkamer joined as chief executive officer in March 2024, signaling leadership change for the organization. In April 2025, Runestone Electric Association held its annual meeting at the Alexandria Area High School Performing Arts Center, reflecting ongoing community engagement.

Section iconCompany Overview

Phone number
SIC Code
1711 - Plumbing, Heating and Air-Conditioning
NAICS Code
22 - Utilities
Founded
1935
Employees
11-50

Section iconFunding & Financials

  • $10M - $25M

    Runestone Electric Association's revenue is estimated to be in the range of $10M - $25M

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