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Beaumont Texas W9 Form 2022: What You Should Know
Energy Corporation is the largest private company that provides electricity to customers in eastern Arkansas and is a subsidiary of Texas Corporation which operates the largest private grid in the East. Energy Corporation is primarily owned by a network of independent power producer members that buy the electricity produced by its subsidiaries or acquire it from the independent power producers. Members are independent power producers or independent power sellers. Members purchase electricity to be sold to electric utilities in eastern Arkansas and Texas. The independent power producers are companies that participate in a network of competitive sales organizations. These sales organizations purchase electricity and sell a portion back to local electric cooperatives. Electric cooperatives are electric utilities. Cooperatives sell electricity to households and industrial customers, industrial customers are customers of large corporations, and residential customers are generally residential customers. Energy Corporation operates the following subsidiaries: Southeastern Power Company (SWE), headquartered in Little Rock, Arkansas and operates the Little Rock area including Arkansas Power and Light Company (“APL”), Arkansas Industrial Development Commission (“AID”), Arkansas Electric Power Association (“AEP”), and other companies throughout Arkansas; and Energy Corporation Energy Services, LLC, headquartered in Bentonville, Arkansas and operating the Bentonville area, including AEP, APL, Little Rock Power and Light Company (“LGPL”), and other company's throughout the state. The energy company and subsidiary's collectively operate about 25,000 megawatts of generation generating approximately 2 million megawatt hours of electricity each year. The company operates two subsidiary subsidiaries — Texas Energy Service Company, and Arkansas Energy Service Company — as the sole entities that provide energy services to Arkansas, Louisiana, Mississippi and Texas utility customers. Energy Corporation is the parent company of Texas Energy Management Companies (TEMPO), Lubbock, Texas based wholly owned subsidiary corporation that provides energy consulting and business process management services to customers. Texas Energy Services, LLC is a wholly owned subsidiary of TEMPO. Energy Corporation's Board of Directors consists of 11 individuals, consisting of representatives from Arkansas public and natural resource organizations, the business community, and the government. The Board members are selected for their diversity of experience in electricity, gas and heating and cooling services. Energy Corporation was incorporated in Texas on December 1, 2007, by incorporation documents filed therein and the effective date of its filing. Its corporate name is “Energy Corporation.” Its registered agent is TECH LLC and its address is 701 SE 14th Street, Suite 100, Little Rock, Arkansas 72211.
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