GROWTH

Investing Today to Power Tomorrow

From agriculture to manufacturing, our territory is attracting investment and opportunity. In 2024, REC supported dozens of development partnerships and connected over 4,000 new members.
 

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growth member

Powering Progress:
How REC is Fueling Louisa County's Growth

“REC shows up — consistently, authentically, and with purpose. They’ve helped us power more than lights. They’ve helped power economic progress.”

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Growth by the Numbers

  • 4,044 new meters added. 
  • 20 GW load forecasted for future data centers. 
  • $44 million state and federal grants. 
  • 28 economic development partnerships supported. 

Business is Booming -- and REC is Supporting Positive Growth

REC delivered more than 4 billion GW of power in 2024. Behind the scenes with significant growth forecast over the coming years. 

Learn how REC’s Economic Development team works to support development in counties that want to grow. 

REC Economic Development

REC STORIES

Listen to the Telephone Town Hall meeting that was held on Thursday, August 27, at 7 p.m. hosted by John D. Hewa, the president and CEO of REC.

Record Participation in Board Elections

Thursday | August 20, 2020
REC member-owners selected three of their peers to serve on REC’s Board of Directors. This year’s election saw record-setting participation among memb...
REC and East Point Energy, a leading energy storage project developer, have announced commencement of the first grid-scale energy storage project by a...