Deep east texas electric coop rates

Deep East Texas Electric Coop is a small utilities company based in Texas with only 175 employees and an annual revenue of $93.8M.

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Deep East Texas Electric Coop Financial Performance

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Frequently Asked Questions about Deep East Texas Electric Coop

When was Deep East Texas Electric Coop founded?

Deep East Texas Electric Coop was founded in 1938.

How many Employees does Deep East Texas Electric Coop have?

Deep East Texas Electric Coop has 175 employees.

How much money does Deep East Texas Electric Coop make?

Deep East Texas Electric Coop generates $93.8M in revenue.

What industry is Deep East Texas Electric Coop in?

Deep East Texas Electric Coop is in the electric utility industry.

What type of company is Deep East Texas Electric Coop?

Deep East Texas Electric Coop is a private company.

Who are Deep East Texas Electric Coop's competitors?

Deep East Texas Electric Coop competitors include Semo Electric Cooperative, Texas Electric Cooperatives.

Where is Deep East Texas Electric Coop's headquarters?

Deep East Texas Electric Coop's headquarters is in San Augustine, TX.

What is Deep East Texas Electric Coop's website?

You can find the Deep East Texas Electric Coop website at deepeast.com.

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Zippia gives an in-depth look into the details of Deep East Texas Electric Coop, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Deep East Texas Electric Coop. The employee data is based on information from people who have self-reported their past or current employments at Deep East Texas Electric Coop. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Deep East Texas Electric Coop. The data presented on this page does not represent the view of Deep East Texas Electric Coop and its employees or that of Zippia.

Deep East Texas Electric Coop may also be known as or be related to DEEP EAST TEXAS ELECTRIC, DEEP EAST TEXAS ELECTRIC COOPERATIV, Deep East Texas Electric Coop and Deep East Texas Electric Cooperative.


Deep east texas electric coop rates

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  • Deep east texas electric coop rates

  • Deep east texas electric coop rates

  • Deep east texas electric coop rates

It's time for you to get the credit -capital credits, that is― for helping build, sustain, and grow your local electric cooperative.  When you signed up to receive electric service from Deep East Texas Electric Cooperative you became a member of the co-op.   An electric cooperative operates on an at-cost basis by annually "allocating" to each member, based on how much electricity you purchased during a year, operating revenue remaining at the end of the year.  Each year as financial condition permits, these allocated amounts-capital credits-are retired.  Since a cooperative's members are also the people the co-op serves, capital credits reflect each member's ownership in, and contribution of capital to, the cooperative.

This year, members of Deep East Texas EC will receive capital credit retirements through a check in the mail, reflecting a portion of their contribution to the ownership of the cooperative.  Those funds helped us keep the lid on rates, reduced the amount of money we needed to borrow from outside lenders to build, maintain, and expand a reliable electric distribution system, and covered emergency expenses - now it's time to return the credit back to you!  Over the years, Deep East Texas Electric Cooperative has returned over $20 million to our members and local communities through the retirement of capital credits.

Remember, a member may be eligible for capital credits for several years after they move off our system.  If you move, please be sure that we have an accurate forwarding address.  Also, if you are an heir of one of our past members, please be sure that we have the proper information to forward the deceased member's future capital credit checks to the heirs.  Should you have any questions, please call Deep East Texas Electric Cooperative at 936-229-4000 or 1-866-392-2547.

Deep East Texas Electric Cooperative is a non-profit electricity provider serving 8 counties in Deep East Texas: San Augustine, Shelby, Sabine, Panola, Nacogdoches, Rusk, Jasper and Newton.

Deep east texas electric coop rates

Deep east texas electric coop rates

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Deep east texas electric coop rates

Deep east texas electric coop rates

Deep east texas electric coop rates

How do electric coops work in Texas?

The majority of electric cooperatives are non-profit organizations that are owned and run by the same people that pay into them. Electric cooperatives are not interested in making a profit; they aim to provide reliable electricity to the community.

How much do most Texans pay for electricity per kilowatt hour kWh?

As of June 2022*, the average Texas home pays 13.30 cents per kilowatt-hour (kWh) for electricity, a price that's 12.6% below the U.S. average.

Who is the largest electric cooperative in Texas?

Organized in 1941, Brazos Electric was the first cooperative formed in the Lone Star state for the purpose of generating and supplying electrical power. Today, it is the largest generation and transmission cooperative in Texas.

Why are electric rates so high in Texas?

The main force behind the rise in power costs in Texas is due to the increased price of natural gas, Tri-County Electric officials said in their July bulletin. In July 2021, natural gas sold for $3.84 per million Btu, according to the U.S. Energy Information Administration.