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

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...