South Plains Electric Cooperative, Inc. is a not-for-profit organization providing electric service to its members. We are owned and controlled by the members we serve in the counties of: Childress, Cottle, Crosby, Dickens, Floyd, Foard, Garza, Hale, Hall, Hardeman, Hockley, Kent, King, Lamb, Lubbock, Lynn, Motley and Stonewall.
We currently serve approximately 30,000 members and more that 55,000 meters throughout our service territory, with a 3% growth rate.
The Cooperative is a democratically-controlled organization ran by an elected board of directors who are also members of the Cooperative and are elected by the membership.
The Cooperative currently maintains 9,917 miles of line.
In 2016 the Cooperative had $357.3 million in assets.
In 2016 the wholesale power cost per kWh sold was 5.8¢.
In 2016 the members' average cost per kWh was 8.1¢.