Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. The locally owned and managed organization has 100 employees. It is a distribution cooperative, meaning that it does not generate its own power, but rather purchase electricity wholesale and distributes it to members within its service territory. Craighead Electric is proud to service over 30,000 members in eight counties in Northeast Arkansas. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. A cooperative exists to provide high-quality service at the lowest possible price.
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