Annual Report
For our most current financial information, download PEC’s 2012 Annual Report.
Past Annual Reports
Download 2011 Annual Report
Download 2010 Annual Report »
Download 2009 Annual Report »
Download 2008 Annual Report »
Download 2007 Annual Report »
Download 2006 Annual Report »
General Facts
- As of the end of 2012, PEC provided electricity to 247,816 active accounts throughout 8,100 square miles — an area about the size of the state of Massachusetts.
- PEC serves more meters than any other electric distribution co-op in the United States.
- The Co-op had 730 employees at the end of 2012.
PEC Facts for 2012
| Active account increase over 2011 | 5,485 |
| Members | 209,349 |
| Miles of line | 17,453 |
| Average monthly residential electric use | 1,271 kwh |
| Average monthly residential bill | $144 |
| Total revenue | $567,821,532 |
| Total expenses | $520,858,432 |
2012 Consolidated Financial Information
| Total Assets | $1,382,806,680 |
| Operating Revenues | $567,821,532 |
| Total Power Cost | $323,014,037 |
| Operations Expense | $33,672,483 |
| Maintenance Expense | $14,826,243 |
| Administrative and General Expense | $58,772,267 |
| Depreciation Expense | $45,913,145 |
| Tax Expense | $5,663,858 |
| Interest Expense, net | $39,106,138 |
| Other Income | $109,739 |
| Net Margin | $46,963,100 |