Originally incorporated as West Texas Sun Electric Services, Inc. in 1982, Sun Electric Services, Inc. (“Sun”) began to pursue overhead distribution projects in 1983 and performed limited electric transmission and distribution construction projects for West Texas Utilities (now American Electric Power) and for other regional electric co-ops through the mid 1990’s. Although business struggled following the collapse of the oil market in 1986 when the price of oil fell from $35 to under $10 per barrel, Sun recovered, but remained tied to the oilfield industry, which remained highly competitive through the 1990’s. Sun performed its first wind farm project in 1984, and through the mid-1990’s Sun developed its transmission construction capabilities and began focusing on projects from 69 kV to 138 kV, including those for the emerging Texas wind farm industry. In early 2004, Sun strategically diversified into the electric utility market and with a mandate to further develop their overhead transmission market.
Today, Sun Electric is operating successfully in each market segment they serve – transmission, wind farm and oilfield services. Numerous wind farm projects are in various stages of development and new oil well drilling in the Permian Basin is at full capacity. However, future growth of the business and their focus will remain on high-voltage transmission construction and maintenance with utilities. Sun Electric is nearing completion of its fifth full year of growth in this segment and currently has numerous opportunities to expand its work program with AEP, TXU, Entergy, LCRA and several other regional utilities.