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OUTAGE REPORTING: 903.583.2117 | 1.800.695.9020

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Securitization for Winter Storm Uri

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  1. About Us
  2. Securitization for Winter Storm Uri

“On January 13, 2022, the Board of Directors of Fannin County Electric Cooperative, INC., along with the Boards of the other Member cooperatives of Rayburn Country Electric Cooperative, Inc. (“Rayburn Electric”) and of Rayburn Electric, adopted a financing order pursuant to Subchapter D of Chapter 41 of the Texas Utilities Code, §§ 41.151 - 41.163, that authorizes Fannin County Electric Cooperative, INC. to utilize securitization financing to recover certain Winter Storm Uri wholesale power-related costs.  We expect the financing to close by the end of February, 2022.  This financing will enable Fannin County Electric Cooperative, INC. to spread the extraordinary costs and expenses related to Winter Storm Uri over an extended period of time and keep our monthly bills to you as low as possible.  The additional charges to cover these costs and expenses will be irrevocable, will be adjusted from month-to-month to pay the related bonds, and will be included on your monthly bills starting in or about February, 2022.”

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About Us

Fannin County Electric Cooperative, Inc is a non-profit rural electric utility cooperative headquartered in Bonham, Texas. Fannin County Electric has been serving the rural residents of Fannin, Grayson, Hunt, Lamar, and Collin Counties since 1937.

Contact Info

Main Office Location:  1530 Silo Rd. Bonham, TX 75418

Office Hours: Monday - Friday 8:00 AM - 5:00 PM

Phone: (903) 583-2117 | 1-800-695-9020

Fax: (903) 583-7384

Mailing Address: P.O. Box 250 Bonham, TX 75418

 

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©2023 Fannin County Electric Cooperative. Owned By Those We Serve.

  • Home
  • About Us
    • About Touchstone Energy
    • Cooperative Principles
    • FCEC Tariff
    • Board of Directors Districts
    • FCEC Bylaws
    • Securitization for Winter Storm Uri
  • Member Sevices
    • New Accounts
    • Billing Options
    • Co-op Connections
    • Touchstone Energy Savings
    • Youth Tour
    • Usage Calculator
    • CareFlite Caring Heart Program
    • Distributed Generation
  • Forms and Applications
  • Outage Map
  • Contact Us
  • Scholarship Program