Power of Community - Pedernales Electric Cooperative

Annual Report

For our most current financial information, see PEC’s 2014 Annual Report.

Past Annual Reports
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General Facts

  • As of the end of 2014, PEC provided electricity to 264,828 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 728 employees at the end of 2014.

 

PEC Facts for 2014

Active account increase over 2013 8,756
Members 223,872
Miles of line 20,971
Total revenue $622,489,454
Total expenses $551,549,177

 

2014 Consolidated Financial Information

Total Assets $1,414,715,776
Operating Revenues $622,489,454
Total Power Cost $385,003,269
Operations Expense $33,589,111
Maintenance Expense $18,466,840
Administrative and General Expense $56,917,431
Depreciation Expense $51,905,921
Tax Expense $5,666,605
Interest Expense, net $38,755,625
Net Margin $33,140,727

Resources


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