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

If your nonprofit needs funding to complete or start a project, apply to The Power of Change before the application deadline on Feb. 10.

Power Costs Decrease in 2020

Thursday | January 2, 2020
In 2020, the power bill from Rappahannock Electric Cooperative for a typical home using 1,000 kilowatt hours (kWh) per month will go down $3 per month...
REC wants to pay its member-owners to use less electricity during certain hours in the summer, according to an application filed Friday with the State...