Our Story of Success
Our First Year

Growth of the Company
Old Town Electric believes that the way to grow the business is through loyalty to suppliers, honesty and transparency in business, and dedication to customers and employees. We believe that our company’s growth benefits not only our employees but also our customers and the industry at large. By consistently reinvesting in our operations and expanding our reach, we aim to achieve an annual growth rate of 15-20%, effectively doubling our size every five to six years. Since our inception in 1972, we have maintained an average compounded growth rate of 20%. Our growth strategy is to derive half of our annual expansion from strengthening existing markets and the other half from entering new locations. We are ranked 10th largest in the US and operate in 13 states. We have achieved this with no debt. The company is presently owned by a trust for the benefit of the employees and managed by a board of directors with 200 years of experience in the industry. With 194 locations and a diverse customer base, which includes residential, commercial, industrial, institutional, and governmental sectors, we ensure a balanced growth strategy.