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Economic Development

The economic success of businesses in SLEMCO's service area is very important to us. SLEMCO joined forces with the University of Southwestern Louisiana and the City of Carencro to form the Enterprise Center of Louisiana (ECOL), a business incubator designed to help fledgling businesses grow, prosper and employ area residents. At the ECOL facility in Carencro, tenants have access to managerial, financial, legal and marketing expertise to give their companies the best possible chance of success. Once a tenant company has the business strength to move out on its own, a new tenant can move into ECOL's fully-equipped facility.

SLEMCO makes special incentive electric rates available to job-creating industries moving into the area or to large industrial users planning to locate here. Industries in largely rural areas of SLEMCO's service territory that will employ local residents have special access to zero-interest economic development loans from the federal government through the Rural Utilities Service. Zero-interest loans can be made for up to $450,000 for qualifying businesses. SLEMCO is the local contact for these loans.

For prospective businesses and industries, SLEMCO offers fully-staffed, in-house engineering and operations departments. Load requirements are analyzed and new facilities, including new substations or transmission lines, are designed and constructed to meet the power needs of companies planning to locate within SLEMCO's service area. [Available industrial parks and commercial properties]

For electric service proposals and specific incentives for large commercial and industrial customers contact Jody Soileau, Economic Development Specialist, at 337-896-2511.