The company’s primary focus is on the distribution of electricity to its customers, from the use of its power lines and associated equipment.
The company provided electric distribution services to approximately 35,000 meters in 28 counties covering approximately 13,000 square miles in Texas, as of December 31, 2003.
This included 23,000 meters in 17 counties within two operating divisions in the Midland-Stanton area of west Texas; 6,100 meters in the central Texas area around Brady; and 4,200 meters in northeast Texas in Hunt, Collin, and Fannin Counties.
The company also provides management services to the Farmersville Municipal Electric System, which services 1,500 meters in Farmersville, Texas.
Cap Rock Energy’s customers are principally residential, ranching, and oil and gas companies.
The company, through its subsidiaries, also engages in the transmission of electricity through a looped system 305 miles in length, as well as in provision of various electric and nonelectric services.
Cap Rock Energy was formed in 1998 in accordance with a conversion plan adopted by the members of the company’s predecessor, Cap Rock Electric Cooperative, Inc.
The company has its headquarters in Midland, Texas.
