Private company

Choptank Electric Cooperative

Logo: http://www.choptankelectric.coop/sites/choptankelectric/files/Choptank_Logo%20%5BConverted%5D.jpg, Non-free logo, via Wikipedia3

US not-for-profit energy organization

Choptank Electric Cooperative is a nonprofit utility cooperative that distributes electricity to rural areas in the Eastern Shore region of the state of Maryland. The cooperative, which was founded in 1938, is headquartered in Denton.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1938Founded1

Choptank Electric Cooperative is a nonprofit utility cooperative that distributes electricity to rural areas in the Eastern Shore region of the state of Maryland. The cooperative, which was founded in 1938, is headquartered in Denton.2

The story

Choptank Cooperative, Inc. was formed on September 21, 1938, after the Rural Electrification Act was passed. Its first electric distribution lines were energized on December 15, 1939, in Caroline County. The cooperative was instrumental in the effort to provide electric power to the rural areas of Maryland's Eastern Shore. In 1942, the name was changed to Choptank Electric Cooperative. The cooperative joined Old Dominion Electric Cooperative in 1976 to get lower costs for wholesale electricity.

On October 15, 2006, Choptank Electric Cooperative acquired the municipally owned St. Michaels Electric Utility, which served 4,000 customers in the town of St. Michaels and surrounding areas, for $12.2 million. The St. Michaels Electric Utility had been operated and maintained by Delmarva Power under a lease agreement from 1981 to 2006. On September 19, 2006, residents of Berlin voted in favor of selling the Berlin Electric Utility Department to Choptank Electric Cooperative, a move supported by the mayor and town council because of the utility's debt and high rates but opposed by the Berlin Utility Commission because of the feared loss of revenue. Under this arrangement, Choptank Electric Cooperative would have taken over the distribution system while Old Dominion Electric Cooperative would have taken over the town's power plant. The sale fell through in 2007 after Old Dominion Electric Cooperative backed out of the deal because it felt the town's power plant did not meet the environmental standard for a residential area; Choptank Electric Cooperative soon backed out too.

From Wikipedia’s article on Choptank Electric Cooperative, shared under CC BY-SA 4.0.4

Products and brands

  • electricity

Listed on Wikidata.1

Timeline

  1. 1938Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$4.0M 2020–2020
Money received by yearMoney received by year, 2020–2020: $4.0M in all. PPP loans $4.0M.$0$1M$2M$3M$4M2020 · PPP loans: $4.0M2020
Figures by year
YearPPP loansTotal
2020$4.0M$4.0M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA5. Matched to this company by name and state.

  1. Jul 16, 2020$4.0M PPP loan (first draw) from CoBank ACB5To CHOPTANK ELECTRIC COOPERATIVE, INC., Denton MD; $4.0M forgiven Jun 16, 2021