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Choptank Electric, a Touchstone Energy Cooperative, is a not-for-profit, member-owned, electric distribution co-op located on Maryland's Eastern Shore serving over 55,000 members. Choptank Electric Cooperative exists to provide reliable cost-effective electricity that improves the quality of life for our member-owners. We are committed to service excellence guided by the Seven Cooperative Principles.
Investor insights
Funding rounds participated in
$16M sweet spot round size
Investor type
Nonprofit
Basic info
Industry
Utilities
Sectors
Utilities
Date founded
1938
Funding rounds raised
Total raised
$16M
from 1 investors over 1 rounds
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Choptank Electric Cooperative raised $16M on May 7, 2023
Investors: Maryland Department of Commerce