Cooperative News

PEC growth reaches new heights

Cooperative adds historic number of meters in July

This summer, amid record-high temperatures, our crews added more meters than ever before. In July alone, we added more than 2,500 meters across our territory. In fact, our July 2019 net meter growth was 29% higher than our previous record back in August 2018. Net meter growth reflects the cooperative’s true growth, taking into consideration meters gained and those removed.

“Our communities have been flourishing for several years now,” Eddie Dauterive, PEC’s chief operating officer said. “We’re proud to serve our members’ ever-growing needs and meet the demand of powering our thriving communities.”

A 2019 U.S. Census Bureau report shows exponential growth in several counties PEC serves. Hays County experienced nearly 42% growth between 2010 and 2018, becoming the second-fastest growing county in the nation. Populations in Comal and Kendall counties surged 37% during the same years, earning spots as the sixth and seventh fastest-growing counties in the nation, respectively.

“Our team is continuously monitoring meter growth, power distribution, and anticipated development,” Dauterive said. “It’s our responsibility to be prepared for members’ demands and it’s our promise to provide reliable power at the best possible price.”