WebFeb 10, 2004 · Appellee, Rayburn Country Electric Cooperative, Inc. ("Rayburn"), is a non-profit corporation organized under the Texas Electric Cooperative Corporation Act. Rayburn procures power through long-term power contracts with generators, and re-sells that power at wholesale to its Member-cooperatives, who then provide that electricity to individual … WebApr 14, 2024 · The short payment amount was reduced to approximately $15 million in February 2024 with Rayburn Country Electric Cooperative's debt issuance used to pay off its outstanding storm obligations that contributed to STEC's short payment. STEC expects its remaining short payment to be addressed as the Brazos Electric Cooperative bankruptcy …
Cooperative Utility Report - Public Utility Commission of Texas
WebRAYBURN COUNTRY ELECTRIC COOPERATIVE INC : DBA Name: RAYBURN ELECTRIC COOPERATIVE : Physical Address: 950 SIDS RD ROCKWALL, TX 75032-6512 Phone: (469) 402-2100 Mailing Address: PO BOX 37 ROCKWALL, TX 75087-0037 USDOT Number: 3612056 : State Carrier ID Number: MC/MX/FF Number(s): DUNS Number: 62-436-8601 ... WebFeb 15, 2024 · The $908 million bond, and assessed as aa(fs) by Moody’s, carries the burden of debt incurred by Rayburn and its 229,000 clients. exceptional prices Permitted by the state’s Public Utilities Commission and charged by the Electric Reliability Council of Texas (ERCOT) for available electricity during Winter Hurricane Uri.. That storm lashed Texas for … dan newlin ocala office
About RBEC Rita Blanca Electric Cooperative, Inc
WebJan 18, 2024 · The sponsor, Rayburn Country Electric Cooperative, Inc. (Rayburn, unrated), is a member-owned electric generation and transmission cooperative owned by four electric distribution cooperative ... WebAugust 11, 2015. Improvements are constantly being made to keep pace with the increasing demand for electric power. An example of this is Rita Blanca's joining of Golden Spread Electric Cooperative, Inc. (GSEC). GSEC consists of Rita Blanca Electric and 15 other co-ops. Rita Blanca customers get the quality of local service with the support of ... WebFeb 21, 2024 · Rayburn Country Electric Cooperative, Inc. is the first Texas utility to securitize its debt from the Electric Reliability Council of Texas (ERCOT) stemming for 2024 Winter Storm Uri. This option prevents Rayburn from facing potential bankruptcy and preserving its right to sue ERCOT for the extraordinary energy prices last February in the … dan newlin law florida