San Miguel Electric Cooperative, Inc.

Powering South Texas since 1982

General Information
Company Name
San Miguel Electric Cooperative, Inc.
Founded Year
1977
Location (Offices)
United States +1
Founders / Decision Makers
Number of Employees
65
Industries
Energy
Funding Stage
-
Social Media

San Miguel Electric Cooperative, Inc. - Company Profile

San Miguel Electric Cooperative, Inc. has been an integral part of the energy industry since its establishment in 1977. As the provider of a 400-MW mine-mouth, lignite-fired generating plant and associated mining facilities, the company has been powering South Texas since 1982. Operating under the Rural Electric Cooperative Act of Texas, San Miguel serves as the primary energy source for Brazos Electric Power Cooperative, Inc. (BEPC) and South Texas Electric Cooperative, Inc. (STEC).

Originating as a joint venture by BEPC and STEC in 1974, San Miguel took ownership of the plant in 1978 following long-term financing. Under contracts extending to 2037, BEPC and STEC are obligated to purchase the entire output of the plant, assuming responsibility for San Miguel's operating costs and debt service obligations. The cooperative's unwavering commitment to providing power and energy has solidified its position in the United States' energy landscape.

With an unwavering dedication to powering communities and driving sustainable growth, San Miguel Electric Cooperative, Inc. actively contributes to the energy sector and remains a formidable player in the industry.

Taxonomy: Rural Electric Cooperative, Electricity Generation, Transmission Cooperatives, Power Purchase Agreements, Mine-mouth Power Plant, Lignite-fired Generation, Wholesale Power Contracts, Electricity Supply, Rural Community Services

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