Comisión Federal de Electricidad
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| Government-owned corporation | |
| Industry | Electric utility |
| Founded | 1937 |
| Headquarters | Mexico City, Mexico |
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Key people
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Enrique Ochoa Reza (CEO) |
| Products | Electricity generation, transmission and distribution |
| Revenue |
 US$ 20.6 billion
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US$ 682.5 million
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Number of employees
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80,127 |
| Website | http://www.cfe.gob.mx |
The Comisión Federal de Electricidad (English: Federal Electricity Commission) is the state-owned electric utility of Mexico, widely known as CFE. It is the country's dominant electric company, and the country's second most powerful state-owned company after Pemex. The Mexican constitution states that the government is responsible for the control and development of the national electric industry, and CFE carries out this mission. The company's slogan is "Una empresa de clase mundial" ("A World-Class Company").
CFE is not a part of the North American Electric Reliability Corporation, though its transmission system in northern Baja California is part of the Western Electricity Coordinating Council through its interconnection with San Diego Gas & Electric via the Miguel-Tijuana and the LaRosita-Imperial Valley Lines and the Path 45 corridor; it also has a few other interconnections across the border with local utilities in the United States.
On 12 October 2009, President Felipe Calderón issued a decree dissolving Luz y Fuerza del Centro (LFC, also rendered on logo as "LyF"), the state-owned power company serving most of central Mexico—including Mexico City, most of the State of Mexico and some communities in the states of Morelos, Hidalgo and Puebla. The government claimed that spending had outpaced sales due in part to massive featherbedding, and it no longer made sense for the company to stay afloat. According to the government, spending at the company was increasingly outpacing sales CFE went on to control the national electric system and expand its operations nationwide, while the smaller LFC kept a low profile, maintaining its operations in the central region of Mexico.
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Wikipedia