Buckeye Power Economic Development Services
The Economic Development team at Buckeye Power provides site selection and business expansion support throughout its Ohio region.
"Cooperation Among Cooperatives" is one of the seven guiding principles that are the framework of every electric cooperative in America. The Buckeye Power Economic Development Team is an example of that cooperation.
By combining our resources, Buckeye Power provides you with a single point of contact representing the entire service territory. This highly experienced, responsive and well-connected economic development team led by Dennis Mingyar delivers the information and contacts you need to make timely and well-informed investment decisions. We welcome the opportunity to help you learn about the Ohio region and find a location that meets your business's specific needs.
To learn more about Buckeye Power's generation, transmission and distribution capabilities, our customers, and the cooperative difference, please explore the links below.
Buckeye Power serves more than 400,000 customers in ExUrban Ohio, covering nearly 40 percent of the land area in Ohio and most of the rural areas in portions of 77 of Ohio's 88 counties.
Buckeye Power's customers range in size and complexity from local family-owned businesses to Fortune 500 industrial manufacturing plants with peak power loads of 40 megawatts.
Through its member cooperatives, Buckeye Power proudly serves the following businesses and organizations:
- Three Honda of America manufacturing plants including the Marysville Auto Plant, Anna Engine Plant, and Honda Transmission; the Marysville Auto Plant employs more than 5,000 associates and can produce 440,000 Acura and Accord models annually. The Honda Transmission facility can produce 800,000 transmissions, 150,000 four-wheel-drive systems and 328,000 gear sets each year. The Anna Honda Engine plant produces 1.1 million automotive engines annually.
- The New Bakery of Ohio, Inc. that bakes 3,500 sandwich buns per minute
- Salt Fork State Park, Ohio's largest state park
- The Avon Products, Inc. distribution center, that will handle 50% of Avon's US distribution when fully operational
- Equity Meats, a supplier of frozen all-beef patties to more than 24,500 restaurants globally
- Iams Pet Food's Leipsic manufacturing plant for dry pet food, one of only four US plants
- Buckeye Industrial Mining Company, the ninth largest producer of coal in Ohio
- Martin Marietta Aggregates' Ohio facilities that produce stone and sand
- DeNoon Lumber Company, a sawmill, lumber drying and wood products supplier
- Upper Valley Medical Center, a not-for-profit provider of comprehensive inpatient and outpatient health care services
- Two major intermodal facilities, the Wood County CSX Gateway Intermodal and Rickenbacker Intermodal
- Baughman Tile, that has manufactured plastic drain tile for more than 125 years
- Bridgewater Dairy, a 3,800-cow operation that is the first dairy in the state to produce electricity using an anerobic methane digester
- Associated Hygienic Products (AHP), the fourth largest US manufacturer of private label disposable baby diapers and training pants
- Kroger Great Lakes Distribution Center which encompasses 860,000-square-feet, employs 800 associates, serves 260 Kroger stores, and annually distributes 1.3 million tons of product
- American Showa, a manufacturer of suspension and steering components for Harley Davidson, Honda, Suzuki, Subaru, Mitsubishi, Yamaha and Kawasaki
- Cooper Farms, a leading wholesale supplier of turkey products to customers throughout the US and Mexico, including Krogers and Bob Evans
- Cooper Farms Hatchery that hatches over 15 million poults each year
- Cooper Farms Feed Mill which produces more than 400,000 tons of feed annually
- Ohio Fresh Eggs, which houses 2.2 million laying hens and helps Ohio rank 2nd nationally in egg production
- Wurm's Woodworking, a precision fabricator of cut-to-size component products from engineered, composite and plywood panels as well as high pressure laminates and polymer sheet materials
Because Buckeye Power is a transmission-dependent utility, transmission reliability is a top company goal. Since 2004, Buckeye Power has been receiving transmission services provided by two Federal Energy Regulatory Commission-approved regional transmission organizations to help ensure power delivery and appropriate transmission congestion management.
Buckeye Power co-op members own Units 2 and 3 at the Cardinal Station, a coal-fired power plant located near the Ohio River. In 2010, Buckeye Power will complete a nearly $1 billion investment in the Cardinal Units over the past decade to ensure the plant meets all state and federal environmental standards.
The Robert P. Mone Plant located in northwest Ohio adds 510 megawatts of additional power, provided by three natural gas or oil-fired combustion turbines, to meet peak electric demand periods.
Buckeye Power's generation mix also includes 55 megawatts of New York Power Authority power, 200 megawatts of peaking power from natural gas-fired combustion turbines in Greenville, Ohio, and access rights to 200 megawatts of coal-fired generation in the Ohio Valley Electric Corporation.
For additional transmission information, please see the Buckeye Power Annual Report or visit the Buckeye Power website.
Local cooperatives are responsible for the local lines that provide service from the substation to your facility. Continuous line maintenance and investment in leading-edge technology to monitor line conditions, voltage, amperage, power loss and power outages, results in:
- A more reliable power supply
- Trouble-shooting that prevents outages
- Faster repair times because the problem can be accurately pinpointed
Buckeye Power is a power generating and transmission cooperative jointly owned by 24 local distribution cooperatives.
Buckeye Power is unique in that it controls the three main components of the electric utility industry - generation, transmission and distribution.
Electric cooperatives enjoy several important competitive advantages compared to investor-owned utilities, including:
- Cost - As a not-for-profit entity, electric rates are more competitive. Because the members own the cooperative, the goal is to cover its costs, not maximize profitability.
- Reliability - Service reliability is of utmost importance as we're serving our families and neighbors.
- Capacity - Buckeye Power owns and controls the generating capacity to serve our commercial, industrial and residential members and the future customers of our region.
- Locally-owned - Each cooperative is locally owned and managed. The decision-makers will be there at the table with you to provide support and service for your new location or expansion investment.
- Service - Based on the model of local people who are committed to serving the electricity needs of their neighbors, themselves and their community, the co-op service delivery is second to none.
Click this link to learn more about Buckeye Power's Ohio Rural Electric Cooperatives.
The following commonly used industry terms are provided by Ohio Rural Electric Cooperatives, Inc. and excerpted from Electric Utility Terms and Acronyms Pocket Guide. Contact Dennis Mingyar for a free copy of the most current edition of the pocket guide.
Backup Power - utility engineered systems that provide power in the event of a primary power loss if regular systems fail
Base Load Plant - a plant, usually housing high-efficiency steam-electric units, which is normally operated continuously to serve the base load of a system, and which consequently produces electricity at a level between its minimum and maximum capability. These units are operated to maximize system mechanical and thermal efficiency and minimize system operating costs.
Capacity Charge - element in a two-part pricing method used in capacity transactions (energy charge is the other element). The capacity charge, sometimes called the demand charge, is assessed on the amount of capacity being purchased.
Cogenerator - generating facility that produces electricity and another form of useful thermal energy (such as heat or steam), used for industrial, commercial, heating, or cooling purposes.
Demand Charge - element in a two-part pricing method used in capacity transactions (energy charge is the other element). The demand charge, sometimes called the capacity charge, is assessed on the amount of capacity being purchased.
Demand Interval - any period of time during which the flow of electricity is averaged to determine average demand
Demand-meter - meter for electricity that also measures and records the maximum demand over a specified period of time
Distribution cooperative - electric cooperative that purchases wholesale power and delivers it to consumer-members
Dual Feed - service from two electric lines, usually from different substations
Energy Service Provider - an energy entity that provides service to an end-use customer
Firm energy - electricity guaranteed to be available at all times from a power supplier
Generation - process of producing electric energy by transforming other forms of energy
IPP (Independent Power Producer) - entities considered nonutility power producers in the United States. These facilities are wholesale electricity producers that operate within the franchised service territories of host utilities and are usually authorized to sell at market-based rates. Unlike traditional electric utilities, IPPs do not possess transmission facilities or sell electricity in the retail market.
ISO (Independent System Operator) - independent, federally-regulated entity that coordinates regional transmission in a nondiscriminatory manner and ensures the safety and reliability of the electric system
Loop transmission system - electric distribution system that allows consumers to receive electricity from more than one direction, allowing a backup in case of an outage
Interruptible Load - refers to program activities that, in accordance with contractual arrangements, can interrupt consumer load at times of seasonal peak load by direct control of the utility system operator or by action of the consumer at the direct request of the system operator.
Kilowatt (kW) - one thousand watts
Kilowatt-hour (kWh) - one thousand watthours
Load Factor - ratio of average demand to peak demand. It is a measure of efficiency that indicates whether a system's electrical use over a period of time is reasonably stable or if it has extreme peaks and valleys. A high load factor usually results in a lower average price per kilowatt-hour than a low load factor.
Off-peak Power - electricity supplied during periods of low system demand
Off-peak Rates - special lower rates for electricity used at times of low system demand
On-peak - energy supplied during periods of relatively high system demands as specified by the supplier
Peak Demand - maximum load during a specified period of time
Peaker Plant - typically used only during periods of maximum load
Peaking Capacity - capacity of generating equipment normally reserved for operation during the hours of highest daily, weekly or seasonal loads. Some generating equipment may be operated at certain times as peaking capacity and at other times to serve loads on an around-the-clock basis.
Power Factor - ratio of real power (kilowatt) to apparent power kilovolt-ampere for any given load and time
Primary Metering - used when the customer's electricity usage is metered before it flows through the transformer at high rather than low voltage
Radial Line - an electric line that is only connected at one end, usually at a substation
Rate Schedule - a statement of the financial terms and conditions governing a class or classes of electricity services provided to a customer
Redundant Power - when a customer is served by two or more electric lines and/or has on-site generators
Substation - facility equipment that switches, changes or regulates electric voltage
Transformer - electrical device for changing the voltage of alternating current, e.g. to step down from primary to secondary voltage
Transmission - movement or transfer of electric energy over an interconnected group of lines and associated equipment between points of supply and points at which it is transformed for delivery to consumers, or is delivered to other electric systems. Transmission is considered to end when the energy is transformed for distribution to the consumer.