Power of Community - Pedernales Electric Cooperative

Annual Report

For our most current financial information, see PEC’s 2013 Annual Report.

Past Annual Reports
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Download 2006 Annual Report »

General Facts

  • As of the end of 2013, PEC provided electricity to 256,072 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 741 employees at the end of 2013.

 

PEC Facts for 2013

Active account increase over 2012 8,256
Members 216,586
Miles of line 17,302
Total revenue $597,358,518
Total expenses $509,222,750

 

2013 Consolidated Financial Information

Total Assets $1,374,213,325
Operating Revenues $597,358,518
Total Power Cost $343,552,629
Operations Expense $31,374,704
Maintenance Expense $17,114,850
Administrative and General Expense $59,617,558
Depreciation Expense $50,539,821
Tax Expense $7,023,188
Interest Expense, net $39,359,981
Net Margin $50,767,343

Resources


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