Power of Community - Pedernales Electric Cooperative

Annual Report

For our most current financial information, download PEC’s 2012 Annual Report.

Past Annual Reports
Download 2011 Annual Report »
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Download 2009 Annual Report »
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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

Resources


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