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

Kent Farmer, president and CEO of Rappahannock Electric Cooperative, was elected to serve as chairman of the Old Dominion Electric Cooperative’s (ODEC...
“When the demand for energy is high, the cost of electricity goes up,” explained Tom Handley, director of regulatory affairs for REC. “Peak days and h...
Rappahannock Electric Cooperative’s (REC) The Power of Change program is ready to support local charities and non-profit organizations. Applications f...