Delaware Electric Cooperative (DEC) has named Greg Starheim the new President and Chief Executive Officer of the Greenwood-based not-for-profit utility. Starheim most recently served as the Senior Vice President of Business and Industry Development at the National Rural Utilities Cooperative Finance Corporation (CFC) and will replace longtime CEO Bill Andrew. Starheim was selected by the Co-op’s Board of Directors in May to lead DEC’s 170-person workforce after a comprehensive national search. “The energy industry is currently undergoing an unprecedented transformation. The board is confident
Delaware Electric Cooperative (DEC) announces a national search for a new Chief Executive Officer. Current President and CEO Bill Andrew will retire in July 2021. The DEC Board of Directors has retained CarterBaldwin Executive Search to assist in the identification of the next CEO. “Bill has been a tremendous leader for DEC and he leaves behind an extraordinary legacy of service to our members, staff and community,” said Board Chairman, William J. Wells. “He has led Delaware to be one of the most innovative and accomplished electric cooperatives in the country while also always placing focus
GREENWOOD, Del.- Delaware Electric Cooperative’s (DEC) Board of Directors has voted to return nearly $8 million in capital credits to the Cooperative’s member-owners in December. Capital credit refunds are also known as the Co-op’s profits or margins. Because DEC is a not-for-profit utility, margins are returned to the people the Cooperative serves. To receive a billing credit from the Cooperative, you must have been a Delaware Electric Cooperative member in 2009. All eligible members will receive a credit on their December bill. Active members will not receive a check — they will be able to
Delaware Electric Cooperative’s Board of Directors approved a rate decrease on May 20th for all 102,000 DEC members. On June 1, rates for those served by Delaware Electric Cooperative will fall by four percent, a reduction that will save DEC’s membership $7 million per year. The rate decrease will save the average family using 1,000 kilowatt-hours of electricity $5 per month, or $60 per year. While the Co-op’s rates have been adjusted periodically over the last decade, they remain among the lowest in the region. Co-op members save hundreds of dollars per year in energy costs, compared to the
Delaware Electric Cooperative and Constellation have completed work to nearly double the size of the Co-op’s Bruce A. Henry Solar Farm in Sussex County. Seventeen acres of new solar panels began producing clean, renewable energy for DEC members in early January. Constellation, an Exelon company, built the 4.2 MW addition to the Cooperative’s Sussex County solar farm. More than 10,000 solar panels were installed over the past several months – the expanded portion of the solar farm is expected to produce enough energy to power 400 Cooperative homes. The Co-op has agreed to purchase the energy
GREENWOOD, Del.- Delaware Electric Cooperative’s (DEC) Board of Directors has voted to return $6.3 million in capital credits to the Cooperative’s member-owners in December. Capital credit refunds are also known as the Co-op’s profits or margins. Because DEC is a not-for-profit utility, margins are returned to the people the Cooperative serves. To receive a billing credit or check from the Cooperative, you must have been a Delaware Electric Cooperative member in 2008. If a member has an eligible capital credit of $100 or higher, they will receive a check. If their allocated capital credit
GEORGETOWN, Del.- Construction is now underway to dramatically expand Delaware Electric Cooperative’s Bruce A. Henry Solar Farm in Sussex County. Earlier this year, the Cooperative signed an agreement with Constellation, a leading retail energy provider, to nearly double the size of the 23-acre solar facility near Georgetown. Constellation, an Exelon company, is currently building a 17-acre, 4.2 MW (DC) addition to the solar farm. The Co-op will purchase the clean energy produced at the site from the company for a stable, competitive price over the next 25 years. According to DEC President and
If you’re a fan of great food and entertainment, then we’re sure you’ll have a lot of fun at our Annual Meeting on Tuesday, August 13th. Registration and our famous fried chicken dinners will be served starting at 3 p.m. and our Business Meeting will begin at 7 p.m. Please note, doors will open at 3 p.m. Members will also be treated to music and a community fair. Voting will also take place for our Board of Directors, who represent members when important decisions at the Co-op are made. All of the action takes place in air-conditioned buildings at the Delaware State Fairgrounds in Harrington
Any high school or home school senior graduating in the spring of 2019, and whose primary residence is served by Delaware Electric Cooperative, is eligible to apply for a $1,000 scholarship to be applied to a two- or four-year college or trade school. The online application is posted at www.vmdaec.com and available here. The deadline to apply is Friday, February 8, 2019.
Delaware Electric Cooperative’s (DEC) Board of Directors has voted to return $7.7 million in capital credits to the Cooperative’s member-owners in December. Capital credits are also known as the Co-op’s profits or margins. Because DEC is a not-for-profit utility, margins are returned to the people the Cooperative serves.
FOR IMMEDIATE RELEASE: July 31, 2018 GREENWOOD, Del.- Delaware Electric Cooperative will hold its annual community fair and business meeting on Tuesday, August 7th at the Delaware State Fairgrounds in Harrington. Members will be treated to a free chicken dinner, have a chance to visit with various community organizations and hear an update on the state of the Cooperative from President and CEO Bill Andrew. Included again this year is a utility demonstration, where Co-op crews will show members how they restore power and rescue those who are injured without the help of a bucket truck.More than
RISING SUN, Md.- An efficient new natural gas-driven power plant is now producing energy for tens of thousands of Delaware homes. The Wildcat Point plant, located in Rising Sun, Md., became fully operational in April. The state-of-the-art plant is owned and operated by Old Dominion Electric Cooperative (ODEC) based in Glen Allen, Virginia, which is partially owned by Delaware Electric Cooperative as a member cooperative. Delaware Electric Cooperative officials took part in a dedication ceremony at the plant on May 8th, celebrating the official end of nearly four years of construction at the
Five high school seniors whose families are served by Delaware Electric Cooperative have each earned $1,000 college scholarships awarded by the Educational Scholarship Foundation of the Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC). The recipients are:Jonte Desire, a senior at Sussex Technical High School and daughter of Angela Desire of Greenwood.Maria Morelli, a senior at Delmar High School and daughter of Joseph and Farrah Morelli of Delmar.Giulia Randazzo, a senior at St. Thomas More Academy and the daughter of Giuseppe and Gretchen Randazzo of Milton.Holly
Delaware Electric will host an open house for members on Saturday, April 28th from 10:00 a.m. through 3:00 p.m. The event will be held at the Cooperative’s headquarters located at 14198 Sussex Highway near Greenwood. The open house will include food, kid-friendly activities, safety demonstrations and tours of our building and new warehouse. This is the perfect event to learn more about how Delaware Electric Cooperative, “Keeps the Lights On.” During the open house members will also have the chance to learn about how DEC is improving reliability and the cost savings associated with its popular
Two members of Delaware Electric Cooperative were recently honored as winners of the Touchstone Energy Cooperatives 2017 #WhoPowersYou Contest. Mary Rio was honored as a third place winner for her work with Clothing Our Kids (COK) and Chase Marvil was named honorable mention for his work with “The Inspiring Project.”Both winners received a donation from Touchstone Energy, which was matched by Delaware Electric Cooperative. The #WhoPowersYou Contest was designed as a way to honor local heroes in the community and spread positive energy across the cooperative network.After learning about a young