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

Remote Annual Meeting Announced

Tuesday | June 30, 2020
REC will hold its Annual Meeting on Wednesday, August 19, 2020. For the first time in its history, the Annual Meeting will be held remotely, with no i...

Notice of SCC Rulemaking

Sunday | June 28, 2020
REC, working together through the Virginia, Maryland & Delaware Association of Electric Cooperatives, has applied to the Virginia State Corporation Co...
On Thursday, June 25, REC hosted a Telephone Town Hall event. Kent Farmer, president and CEO, and John Hewa, chief operating officer, answered questio...