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Alumnus Rob Hochstetler Named CEO for South Carolina Electric Power Cooperative
June 11, 2014
Rob Hochstetler has realized a career goal by being named president and chief executive officer for Central Electric Power Cooperative, the wholesale power aggregator for 20 electric distribution cooperatives in South Carolina. He will assume the position on July 28, replacing retiring CEO Ronald J. Calcaterra.
Hochstetler, a 1991 electrical engineering graduate, brings to his new position a career rich in electric industry experience. He has been vice president of power production for Hoosier Energy, an Indiana generation and transmission cooperative.
With Hoosier Energy, Hochstetler has been responsible for power plant operations, contracts, and commodities hedging. His work included business planning, government relations, and compliance.
Hochstetler’s career also includes serving as commercial asset risk manager for Duke Energy and as operations vice president for Cinergy. He is a licensed professional engineer and chartered financial analyst.
Central Electric Power Cooperative (www.cepci.org), based in Columbia, South Carolina, provides planning and wholesale power aggregation services and wholesale transmission delivery services to 20 electric distribution cooperatives in South Carolina through power purchase agreements with Santee Cooper, Duke Energy Carolinas, the Southeastern Power Administration, and South Carolina Electric and Gas.
South Carolina’s electric cooperatives deliver power to all 46 counties and operate more than 70,000 miles of power line, the largest distribution system in the state. More than 1.5 million state residents use power from electric cooperatives, more than from any other South Carolina utility.
“Rob Hochstetler comes to Central at an important time in our work for cooperatives, and during a period of significant change in the electric industry,” states Central Board Chairman Lawrence J. Hinz in a company news release. “We will need Rob’s breadth of knowledge in the years to come.”
Hochstetler is looking forward to the challenge.
“I consider the cooperative business model to be an exceptional business structure,” he says. “South Carolina electric cooperatives have a great reputation for member service, and I’m honored to become a part of that family.”
Hochstetler has been a member of the Rose-Hulman Alumni Association’s Advisory Board. He also holds master’s degrees in business administration from Indiana State University, in statistics from Rochester Institute of Technology, and in strategic management from Indiana University. He and his wife, Linda, have three children.