AMEA Featured in Investor Spotlight
Oct 13th, 2021
The Alabama Municipal Electric Authority (AMEA) is the wholesale power provider for 11 public power utilities in Alabama, including Alexander City, Dothan, Fairhope, Foley, LaFayette, Lanett, Luverne, Opelika, Piedmont, Sylacauga, and Tuskegee, which serve approximately 350,000 customers. (Click to watch AMEA video)
AMEA’s success can be attributed to the strength of its membership and the strength of unified action. There is strength in numbers, and the success of its 11 public power utility members is proof.
As a publicly-owned, not-for-profit provider, AMEA is directly accountable to those they serve, while its collective strength gives them greater buying power. This results in stabilized costs, competitive rates, and substantial savings for these communities.
AMEA has a roadmap to the future. For more than 40 years, its connections have been empowering. Through power supply initiatives, competitive rates, assets, and selected value-added programs and services, they continue to be strong and vibrant. Anchored by a belief in strategic planning (from the members up); safeguarded by the oversight of a committed Board of Directors; governed by policies established by the Board; and stimulated by progressive leadership, AMEA is dedicated to contributing to the betterment of its Members’ communities.
AMEA actively supports economic and community development throughout its communities. They also support efforts to improve the quality of life and promote vibrant, active, economically stable communities.
“AMEA is committed to helping our Member cities in securing long-term economic success,” said Lisa Miller, Manager of Communications and Economic Development, AMEA, and chairman of the Main Street Alabama Board of Directors. “Our partnership with Main Street Alabama helps our Member cities do just that. It also provides them the tools and resources to have a broader understanding of how their downtowns contribute greatly to the bottom line of their cities. Downtowns serve as the engine for local economies. Not only do they generate sales and create jobs, but they also contribute to the quality of life as they serve the needs of residents, workers, and visitors.”
Main Street Alabama greatly appreciates the partnership with AMEA.