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

The Time to Prepare is Now

Monday | September 10, 2018
Confidence is growing that Hurricane Florence could significantly impact all of REC's service territory.

REC Hosted Telephone Town Hall

Thursday | August 23, 2018
On Thursday, August 23 REC hosted the 2018 Telephone Town Hall event. REC invited a random sample of over 40,000 members to participate in the call. N...

REC Warns of Phone Scam

Tuesday | August 21, 2018
REC have received phone calls from scammers claiming to be from REC stating the members’ accounts are overdue. The scam calls have been received by me...