KETR Local
7:57 am
Fri December 18, 2009

Local utility company changes hands


Hunt, Collin County – Residents of Hunt and eastern Collin counties who receive their electricity from Cap Rock Energy will soon be paying their bills to a new energy provider.

Cap Rock, a 70-year-old company with a division office near Celeste, is being acquired by Hunt Transmission Services (HTS). Continental Energy Systems LLC announced it had agreed to sell Cap Rock Energy Corporation and its subsidiary, NewCorp Resources Electric Cooperative, Inc. to HTS.

The assets will be operated and maintained by Sharyland Utilities and employees of Cap Rock Energy will become employees of Sharyland Utilities.