Power of Community - Pedernales Electric Cooperative

Annual Report

For our most current financial information, see PEC’s 2015 Annual Report.

Past Annual Reports
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General Facts

  • As of the end of 2015, PEC provided electricity to 275,282 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 697 employees at the end of 2015.

 

PEC Facts for 2015

Active account increase over 2014 More than 10,000
Members 231,641
Miles of line 21,613
Total revenue $589,607,602
Total expenses $518,794,895

 

2015 Consolidated Financial Information

Total Assets $1,429,554,177
Operating Revenues $589,607,602
Total Power Cost $350,009,858
Operating Expenses $518,794,895
Maintenance Expense $16,654,004
Administrative and General Expense $29,336,463
Depreciation Expense $54,533,299
Tax Expense $6,552,072
Interest Expense, net $36,625,924
Net Margin $35,608,919

Resources


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