Created by Texas ranchers and business owners, Pedernales Electric Cooperative provides electricity services in the Texas Hill Country. The company, the largest electric cooperative in the US, purchases its electricity from wholesale providers, primarily the Lower Colorado River Authority (LCRA), and transmits and distributes it to more than 234,000 customers. The member-owned cooperative is purchasing wind-power assets from American Electric Power to expand its green energy sources. In 2008 a scandal over alleged inappropriate expenditures by board members led to the resignation of the board president and intense scrutiny of the co-op by the public, members, and the government.
Created by Texas ranchers and business owners, Pedernales Electric Cooperative provides electricity services in the Texas Hill Country. The company, the largest electric cooperative in the US, purchases its electricity from wholesale providers, primarily the Lower Colorado River Authority (LCRA), and transmits and distributes it to more than 234,000 customers. The member-owned cooperative is purchasing wind-power assets from American Electric Power to expand its green energy sources. In 2008 a scandal over alleged inappropriate expenditures by board members led to the resignation of the board president and intense scrutiny of the co-op by the public, members, and the government.