HILCO

HILCO Electric is a member owned, not for profit, electric cooperative that provides its members with low-cost, dependable power. Combined with efficient management , we offer electric service with promptness and professionalism. Originating in 1937 with a handful of members in the area, HILCO serves Hill, Johnson, McLennan, Ellis, and Dallas Counties with over 2,800+ miles of overhead and underground distribution lines... HILCO Electric Cooperative's Board of Directors adopted a Financing Order pursuant to Senate Bill 1580, codified at Texas Utilities Code §§ 41.151 - 41.163, at its August 25, 2022 meeting. The Financing Order authorizes HILCO Electric Cooperative to utilize securitization financing to recover extraordinary costs and expenses incurred due to Winter Storm Uri. The financing is expected to close by the end of 2022. The financing will allow HILCO Electric Cooperative to spread these extraordinary costs and expenses over an extended period of time and will allow HILCO..

Also known as: HILCO Electric Cooperative, HILCO Electric Cooperative, Inc.

Primary location: Itasca United States