Business Development

Coles-Moultrie Electric Cooperative is more than just an electric distribution company. We are an important component of the economic development efforts in the communities we serve. Cooperative Principle Seven states that “While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.” In our area, we know that our rural communities are highly dependent on a few employers that help keep their local economies alive.  CMEC helps support those businesses by offering competitive commercial and industrial rates, and also supporting other economic development initiatives.

USDA Rural Economic Development Loan & Grant Program

USDA Rural Development’s Rural Economic Development Grant and Loan Program promotes rural economic development projects which create and/or save jobs.


  • Business expansions & start-ups, including real estate, buildings & equipment
  • Facilities and equipment to provide medical care including upgrades to electronic medical record systems
  • Community facility projects that create or save employment
  • Educational facilities and equipment including distance learning
  • Business incubators
  • Advanced telecommunications and computer networks for medical, educational and job training services


  • Maximum 10 Year Loans
  • 0% Interest rate
  • 20% Matching requirement

MAXIMUM LOAN: $1,000,000

Contact Rural Development to Discuss Project & Applicant Eligibility:
Mary Warren: 217-403-6218
or contact our office: 217-235-0341

Coles-Moultrie Research Center

At Coles-Moultrie Electric Cooperative, we put a lot of effort into helping our business customers make the most of their money and our resources. That’s why we’re especially excited about this new online newsletter.

The Coles-Moultrie Research Center “How, Watt, Why” was developed especially for business customers who want the best service and an even better ROI. You’ll find the Coles-Moultrie Research Center “How, Watt, Why” rich in important research information and industry trends as well as Coles-Moultrie Electric Cooperative product and service information. It’s an absolute “must” for businesses that want to increase operational efficiencies and improve risk management and cost containment. Yet this service goes a step further.

Through Coles-Moultrie Research Center “How, Watt, Why,” you can interact with your Customer Manager, and even get online advice via the Ask an Expert section. What better way to stay in touch and informed? If you see a program that may be of value for your organization, just click on the link under your Customer Manager’s photo and email him/her directly.