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

Warning: Scam Alert

Tuesday | June 9, 2020
REC has received reports of fraudulent callers demanding immediate payment from the cooperative’s member-owners. REC urges members to be alert for pho...
When REC member-owners receive their electric bills this month, they will find their portion of $13 million in a cash back credit. REC’s Board of Dire...
Today, Kent D. Farmer announced his retirement as president and Chief Executive Officer (CEO) of REC, effective August 1, 2020.