Pedernales Electric Cooperative

Bertram 365 Hwy 29 E., Bertram, TX 78605

Pedernales Electric Cooperative (PEC) is more than an ordinary utility. We’re a cooperative, meaning we’re a nonprofit owned by the members we serve. For more than 80 years, PEC has proudly served our members, powering the Texas Hill Country and empowering our communities. With more than 345,000 active accounts across Central Texas, we’re proud to be the largest electric cooperative in the country, and we’re still growing.

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3.8

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/Ethical Impact

Despite the action, we believe PEC may continue to face uncertainty and adversity related to many factors facing utilities throughout the state, including an uncertain regulatory environment and exposure to ERCOT-related risks. We believe PEC and its primary power provider, Lower Colorado River Authority (LCRA), as with many other Texas utilities, could continue to face challenges associated with asset winterization costs, the ERCOT market’s relative price volatility (especially pertaining to inflated ancillary service charges as well as heightened gas price volatility and supply reliability risks), extreme temperature and demand fluctuations, and weaker grid interconnectivity as compared with grids in other states. Rating pressure exists to the extent PEC or LCRA is unable to manage the risks associated with participation in the ERCOT market, if our view of PEC’s economic base and competitiveness deteriorates, or if PEC’s predominantly carbon-based power supply exposes it to extraordinary costs, including regulatory mandates.

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Awards Received

2023

Revenues

$237,800,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

4.1

Company Size

100-1000

ESG Risk Rating

3

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