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ECONOMIC DEVELOPMENT

Tri-County Electric Cooperative creates and fosters economic development opportunities for the benefit of new and/or existing businesses, local communities and non-profit organizations. By offering meaningful resources and serves, TCEC is putting "energy" into the communities we serve.

How can TCEC assist you? TCEC has access to funding sources to stimulate economic growth and development in its service area. 

  • Revolving Loan Fund

  • Site selection information (View available buildings and sites)

  • Financial assistance through the United States Department of Agriculture Rural Economic Development Loan and Grant Program (REDLG)

    • Learn More

  • Analysis of your power needs and coordination of electrical engineering infrastructure

  • Energy efficiency and power quality services

Cooperatives offer a variety of benefits to new and existing businesses! TCEC is located in northeast Missouri with access to a connected transportation network.

  • Access to U.S. Highways 63 and 6 and a regional airport

  • Housing availability and recreational opportunities in the communities within TCEC's service territory

  • Ideal place to work, live and play

TCEC strives to assist new and existing businesses with development. Learn about some of the business grants and loans available:

  • USDA Rural Development 

  • Small Business Administration 

  • NEMO RPC

  • MO DED ARPA

Housing Efforts

Tri-County Electric Cooperative (TCEC) works diligently to help foster economic development opportunities for the benefit of new and/or existing businesses, local citizens and non-profit organizations. TCEC strives to offer meaningful resources and services to help improve its communities one step at a time. 

In 2019, Tri-County participated in a regional economic development study led by Northeast Power. The final report outlined growth opportunities and provided a roadmap for Tri-County and their local partners to follow. Housing was identified as a need and growth opportunity. As a result, TCEC is leading an effort to understand and identify solutions to workforce housing shortages in the region.

TCEC has contracted with Hometown Housing, a comprehensive housing solutions firm. Hometown Housing will help analyze the current housing market, uncover opportunities that exist and assist with program development for sustainable solutions to local housing needs.

The first phase of this process was completed in September. Hometown Housing and TCEC analyzed the current housing market to determine what it needed. This was done through housing surveys and employer led workshops that included voluntary individual employee meetings. The offices of K-REDI and Northeast Missouri Regional Planning Commission assisted with these efforts in Adair and Scotland counties.

Through employee/employer engagement, partnerships with local realtors, developers and bankers, Hometown Housing strives to create a housing ecosystem focused on creative solutions. “The majority of people who are having trouble achieving home ownership simply need down payment assistance or small credit repair to reach their end goal, said Shane Akers, manager of community relations at Hometown Housing. In their initial meetings, Hometown Housing staff identified five individuals that needed transitional financing to make the dream of home ownership a reality. The Hometown Housing team found a solution for a local nurse and her family with a “rent to own” model that will allow them to stay in the home she had rented for eight years. The owners had planned to sell the house and the family would have been forced to relocate. Phase two of the process will begin in January 2023 with momentum building in Memphis and Kirksville.

Next steps will include engagement meetings with city and county officials and ongoing conversations with employers and employees. For more information on the program, contact TCEC at 1-660-457-3733. 

 

 

 

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Contact Info

Tri-County Electric Cooperative
16894 US Hwy 63
PO Box 159
Lancaster MO 63548
Telephone: 660-457-3733 or
Toll Free: 888-457-3734
Fax: 660-457-3736

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©2025 Tri-County Electric Cooperative. All Rights Reserved.

  • WHO WE ARE
    • ANNUAL MEETING
    • BOARD OF DIRECTORS
      • How to Run for the Board
    • BY-LAWS
    • LEADERSHIP
    • SERVICE TERRITORY
  • ACCOUNT SERVICES
    • PAY MY BILL
    • REPORT AN OUTAGE
    • UNCLAIMED CAPITAL CREDITS & MISCELLANEOUS
    • SIGN UP FOR SERVICE
    • CAPITAL CREDITS
    • FEE SCHEDULE
    • DEMAND
  • MEMBER SERVICES
    • CONSIDERING SOLAR?
    • ELECTRIC VEHICLES
      • EV FACTS
      • EV MODELS
      • POTENTIAL SAVINGS
      • CHARGER FINDER
    • EFFICIENCY REBATES
    • EFFICIENCY TIPS
      • TAKE CONTROL & SAVE
      • TOGETHER WE SAVE
    • YOUTH TOUR & CYCLE
    • CO-OP CONNECTIONS
    • Power Up Co-Op Camp
    • ECONOMIC DEVELOPMENT
  • CAREERS
  • SAFETY
    • RIGHT-OF-WAY
    • SAFETY DEMONSTRATIONS
    • SAFETY RESOURCES
      • ENERGIZING SAFETY
      • SAFE ELECTRICITY
  • TCEC FOUNDATION
  • CONTACT US