Pedernales Electric
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Facts & Figures

For our most current financial information, download our 2008 Annual Report. Our 2007 Annual Report and 2006 Annual Report also are available.

General Facts

  • As of the end of 2008, PEC provided electricity to nearly 228,000 meters throughout 8,100 square miles—an area larger than the state of Massachusetts.
  • PEC serves more meters than any other electric distribution co-op in the United States and is a major employer in the Texas Hill Country.


PEC facts for 2008
Year-end meter total227,890
Meter increase over 20076,614
Miles of underground distribution line 2,093
Miles of overhead distribution line14,410
Miles of transmission line304
Kilowatt-hours purchased 4,989,607,787
Kilowatt-hour sales4,679,864,272
Average kwh/month/residential meter1,345
Property taxes expensed 4,222,434
Franchise fees expensed4,487,772

2008 Consolidated Financial Information
Total assets $1,148,990,962
Operating revenue $543,682,283
Other income (expense)–net $2,670,929
Total income $546,353,212
Total power cost $348,741,584
Operations expense $13,197,348
Maintenance expense $15,768,748
Administrative & general expense $62,434,224
Depreciation expense $34,034,658
Tax expense $11,133,128
Interest expense $39,924,832
Margins from continuing operations $21,118,690
Discontinued operations $4,245,220
Net margin $16,873,470