APM gains first owner in western US

Arizona Electric Power Cooperative (AEPCO), a customer-owned utility, became an owner of APM on December 31, 2006, joining APM's existing ownership base of fourteen power supply co-operatives.

Such power co-ops are not for profit businesses formed to provide electricity in a defined service territory, while a generation and transmission (G&T) electric co-operative is a similar not for profit business providing wholesale electric power to the regional distributors. Formed in 1999 by four G&Ts, and

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