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Home > Company Index > Utilities > Electric Utilities > The Empire District Electric Company

The Empire District Electric Company
NYSE: EDE
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 PROFILE
Empire District Electric has the sovereign authority to light up its territory. The utility provides electricity to some 148,000 customers in southwestern Missouri and adjacent areas of Arkansas, Kansas, and Oklahoma. It also supplies water to three Missouri towns. Its five power plants and a 12% stake in another one give Empire a generating capacity of about 880 MW; it also purchases power from other utilities. Coal provides about 80% of the company's fuel needs. Empire is preparing for deregulation by building up its generating capacity and pursuing nonregulated opportunities such as leasing capacity on its fiber-optic network. Utilicorp United has cancelled its agreement to acquire Empire.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 260.00
1-Yr. Sales Growth: 7.3%
Employees: 603
Revenue per employee: $431,177.45

 KEY PEOPLE
• Myron W. McKinney
    CEO
• David W. Gibson
    CFO

 CONTACT INFO
602 Joplin St.
Joplin, MO 64801
US
Phone: 417-625-5100
Fax: 417-625-5146
Online: Web Site

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