Capital Credits
Capital Credits
Recorded on

We were in the studio for a conversation with Kris Sieber, Manager of Member Services, and Larry Andrews, Manager of Administrative Services & Controller for REC.

We talked about Capital Credits: what they are, how they’re used, and why they’re important to the financial stability of the cooperative. Larry & Kris explained how members earn the credits and how they are re-distributed back to REC members. 

REC STORIES

REC Restoring the Final 4% of Outages

Monday | January 10, 2022
As of Monday morning, less than 3,800 REC member-owners remain without power as a result of Winter Storm Frida, which dumped more than a foot of heavy...
As of Sunday evening, about 6,000 Rappahannock Electric Cooperative member-owners remained without power after historic Winter Storm Frida shook the e...
REC crews, contractors and mutual-aid workers have replaced hundreds of broken poles and restored service to nearly 90,000 members after Winter Storm ...