• Residential members will see a 4% rate adjustment.
  • That equals a $7.78 increase for accounts with an average use of 1,350 kWh per month.
  • Many commercial and industrial members will see an increase of about 2%.
  • This distribution rate adjustment will help REC continue to power you with safe, reliable electricity.
  • REC is also implementing an adjustment to what’s known as the Power Cost Adjustment (PCA).
  • The cost of energy is a direct pass-through of the electricity REC purchases from Old Dominion Electric Cooperative (ODEC) and distributes to its member-owners.
  • Transmission costs have increased.
  • This increase has contributed to the change in the PCA factor from $0.01860 per kilowatt hour to $0.02193 per kilowatt hour effective Jan. 1, 2023.

Why and When is REC Changing Rates? What's Not Changing? Official Public Notice

REC STORIES

REC linemen successfully competed at the 19th Annual Terex Gaff-n-Go Rodeo on May 19 and 20 at Meadow Event Park in Doswell. 
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