REC Reduces Power Costs
Jan. 9, 2017
REC has reduced its power costs for members.
As a result of a combination of efforts by Cooperatives members to reduce demand for electricity and changes in the wholesale power market, members will soon see an average bill credit of more than $5 on their monthly electric bills.
On average, REC residential members use 1,250 kWh of electricity per month, which would result in a bill credit of $5.80.
The credit will show up under the line item titled Power Cost Adjustment (PCA), and the credit will first appear on electric bills arriving in January. The Power Cost Adjustment recovers the costs to generate power and has decreased five times in the last two years. The actual credit amount will vary depending on a member's electricity usage.
Compared with other household items, electricity remains an incredible value. To learn more, see what you can do with just $1 worth of electricity here.
REC provides electric service to over 161,000 connections in parts of 22 Virginia counties. With its general office in Fredericksburg, Va., the Cooperative operates and maintains more than 16,000 miles of power lines through its service area, which ranges from the Blue Ridge Mountains to the tidal waters of the Chesapeake Bay. Follow REC on Facebook, Twitter and YouTube.