Guadalupe Valley Electric Cooperative (GVEC) serves South Central Texas, providing electricity, high-speed internet, HVAC, and solar services to residents over a 3,500 square mile area.
In GVEC’s quest to expand their services into the fiber broadband market, they needed a partner with access to top vendors and high-quality parts at price points comparable to that of high-volume purchasers. With a partnership, GVEC could execute fiber broadband delivery at the lowest total cost, follow their longer-term model, and build at price points to sustain growth.
KGPCo partnered with GVEC enabling them to follow their core mission and become a fiber-based broadband service provider. KGPCo’s source of products, competitive pricing, access to key vendors, industry consultation, and strategic direction helped GVEC expand their business and bring fiber connectivity to even more customers.
85% Subscriber Rate in Pilot Area
GVEC started their pilot project in 2013 with $4M to connect 2,200 homes with fiber. They required a 40% subscriber take rate to achieve a ROI. GVEC currently has an 85% take rate in the pilot area and 50% in their total service area.
Over $58 Million Investment
GVEC has invested over $58 million to build their fiber network and has maintained subscriber volume comparable to larger Service Providers.
1,000 Miles of Fiber To-Date
Since their pilot project began, GVEC has built 1,000 miles of fiber, passing 25,000 homes. They are adding 250 miles of fiber per year.
Over the next five years GVEC plans to extend fiber to 80% of their underserved members.
State-of-the-Art Fiber Products
Product availability, including Corning fiber, has enabled GVEC to deploy, install and maintain a state-of-the-art fiber broadband network.