Rayburn Electric Cooperative

Rayburn Electric Cooperative

Founded to provide wholesale power to its member-owners, Rayburn Electric Cooperative operates as a generation and transmission (G&T) cooperative. The cooperative supplies electricity to Fannin Electric Cooperative, Farmers Electric Cooperative, Grayson Collin Electric Cooperative, and Trinity Valley Electric Cooperative, which together span 16 counties in northeastern Texas. Rayburn owns 1,008 megawatts of generation capacity and maintains 265 miles of transmission infrastructure. Its service territory reaches rural and exurban communities where its member distribution cooperatives serve over 625,000 Texans. The cooperative's generation portfolio historically relies on baseload thermal resources, with a footprint concentrated entirely within the ERCOT market. The cooperative does not disclose individual principal officers or a board roster publicly. The cooperative operates from a single physical headquarters in Rockwall, Texas. It maintains a strict not-for-profit structure, returning margins to its member cooperatives. No adjacent vehicles, philanthropic foundations, or affiliated operating companies are disclosed. Rayburn does not publish annual reports or financial statements on its public website, limiting visibility into its balance sheet, debt structure, or revenue. Rayburn's structural differentiator is its pure cooperative model: the G&T exists only as an extension of its four distribution members, who collectively govern it. Unlike an investor-owned utility or a family office, Rayburn cannot be bought, sold, or repurposed — its mandate is defined by the rural electrification model created under the New Deal.