Country: United States of America
Powder River Energy Corporation (PRECorp) is a not-for-profit member-owned electric cooperative providing electricity to over 32,000 services in Northeast Wyoming. A boom of gas development in 2007 challenged the cooperative to provide service to remote regions. PRECorp responded with a "bolt on" approach, integrating existing strategy management practices with the Balanced Scorecard. PRECorp accomplished year-to-year incremental improvements in processes and rate stability during a sustained period of declining electric sales beginning in 2010 and continuing through the present.