Runestone Electric Association6839 Power Lane SW, Alexandria, Minnesota, United States

With the help of Franklin D. Roosevelt, who established the Rural Electrification Administration (REA) in 1935, friends and neighbors banded together to create a new kind of electric utility, where the voice of every person made a difference.

Electric cooperatives brought electric power to the countryside when no one else would. Today, America’s electric cooperatives continue to answer that call. With the same focus on customer needs, today’s electric cooperatives provide much more than competitively priced, reliable energy. They are committed to improving the quality of life in their communities and for the member-owners who live there.

Below is Runestone Electric Association’s (REA) timeline:

Early 1930’s - Franklin Delano Roosevelt writes: “There was only one discordant note …at Warm Springs (Georgia) - electric light for my little cottage was 18 cents a kilowatt-hour—about four times as much as I paid in Hyde Park, New York. That started my long study of getting electricity into farm homes.”

FDR’s electricity was expensive at Warm Springs but Minnesota Senator Henrick Shipstead’s cabin on Lake Irene did not have electricity at all.

He asked the city of Alexandria to bring electricity to him. They told him they did not have enough power to service him.

In 1934, he personally told FDR that something should be done to bring power to rural consumers.

May 11, 1935, Franklin D. Roosevelt created the Rural Electrification Administration.

Douglas County Light and Power held its organizational meeting in August of 1935 and was incorporated in November 30, 1935.

REA’s first General Manager Cliff Hove was determined to see a co-op started here.

Volunteers went door-to-door signing up farmers for $5 a share.

June 1st, 1937, construction began on the first line to serve 45 farms including Senator Shipstead’s cabin.

From humble beginnings at the Douglas County Courthouse; a building on north Broadway (currently Fort Alexandria); a site near our current location and to our present office in 1951.

In 1948, the co-op changes its name to “Douglas County Electric” but the co-op was growing beyond Douglas County. In June of 1949, the name was finally changed to Runestone Electric Association.

Jump ahead +60 years and in 2013 REA relocated to a new headquarters building one mile south of I-94. After 29 years of serving as leader of the cooperative, Rick Banke retired in 2015 and Kristin Dolan was selected as the new CEO.

The history of REA continues to evolve. We invite you take a moment to watch the video below that was produced in 2010.

Foundation, Values, Vision & Mission

Our Foundation

Cooperative Principles
Our Members
Our Employees
Our Communities

Core Values

Integrity
Dependability
Engagement
Stewardship
Service

Vision

To be better than our members expect us to be

Mission 

To serve our members with safe, reliable, affordable electricity and related services