The UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION (often shortened to UCEMC) is an electric power distribution cooperative. UCEMC is owned and operated by its members and distributes electric power through more than 4,500 miles of lines to more than 47,000 members located primarily in Jackson, Overton, Putnam and Smith Counties and northern DeKalb County. However, several members are served in the fringe counties of Clay, Fentress, Macon, Pickett, White and Wilson.
A board of nine directors elected by members from the membership directs UCEMC. A general manager, employed and directed by the board, manages operations of the cooperative with a staff of 141 employees.
UCEMC had assets of $133.1 million at the end of FY 2010, June 30, 2010, financed with 50 percent equity and 50 percent debt. Operating revenue from the sale of 1,030,090,307 kilowatt hours and other revenue totaled $98.8 million from which it paid TVA $71.1 million for the power sold and $24.2 million for operating expenses and debt expense. The remaining margin of $3.5 million is being used to help finance new construction.
Bustling residential, commercial and industrial communities flourish in the Upper Cumberland Region of Tennessee due in large part to abundant and economical electric power distributed by the Upper Cumberland Electric Membership Corporation.