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
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.
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
GREENWOOD, Del.- Delaware Electric Cooperative’s (DEC) Board of Directors has voted to return $4.8 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.To receive a billing credit or check from the Cooperative, you must have been a Delaware Electric Cooperative member in 2002, 2003 or 2004. If a member has eligible capital credits of $100 or higher, they will receive a check. If their allocated capital credits
2018 VMDAEC Education ScholarshipsAny high school or home school senior graduating in 2018 whose parents or guardians are consumer-members of Delaware Electric Cooperative and whose primary residence is served by the cooperative is eligible for a $1,000 scholarship. For the online application and instructions, visit www.vmdaec.com or www.co-opliving.com/community/scholarship.htm. The deadline to apply is February 9, 2018. Some of the requirements have changed for 2018:A letter of recommendation is not requiredThe SAT and/or ACT score MUST come from the College Board. This information can be
For Immediate Release: July 26th, 2017GREENWOOD, Del. – Layton Wheeler has been honored by the Virginia, Maryland and Delaware Association of Electric Cooperatives (VMDAEC) as the newest recipient of the Electric Cooperative Distinguished Service Award.Wheeler, who served as Vice President of Member Services for Delaware Electric Cooperative from 1979 until his retirement in 2014, was honored at VMDAEC’s annual meeting held July 24 in Norfolk, Virginia.In presenting the award, VMDAEC president and CEO Richard Johnstone noted the significant contributions Wheeler made to both the cooperative
Delaware Electric Cooperative crews have restored power to nearly all homes and businesses impacted by Monday night’s severe storms. As of 9:00 a.m., only four homes remained without power in the Co-op’s service territory. At the height of the storm on Monday night, nearly 2,000 homes were in the dark. Crews worked all night to restore power—total restoration is expected by 10:00 a.m. Tuesday.
Delaware Electric Cooperative’s Board Approves Rate DecreaseFor Immediate Release: February 15th, 2017GREENWOOD, Del.- Delaware Electric Cooperative’s Board of Directors voted on February 15th to approve a rate decrease for all 93,000 Co-op members. Co-op President and CEO Bill Andrew proposed the rate change in January. The measure will lower electric bills by five percent and will take effect on March 1st. The rate decrease will save the average family, using 1,000 kilowatt-hours of electricity, $6 per month, or $72 per year.According to Bill Andrew, “Falling wholesale power costs and member
For Immediate Release: January 9th, 2017GREENWOOD, Del.- Delaware Electric Cooperative is proud to announce it will, once again, sponsor an all-expense paid trip for three high school juniors to attend the National Rural Electric Cooperative Youth Tour in Washington, DC. This year's Youth Tour is being held June 11th-16th, and will bring together more than 1,500 students representing 44 states. Participants will see all that Washington, DC has to offer while learning about the history of the United States and the electric co-op movement.This is an opportunity for students to meet with Delaware
For Immediate Release: January 3rd, 2017GREENWOOD, Del.- Delaware Electric Cooperative’s Board of Directors is considering a rate decrease for all 93,000 member-owners. Co-op President and CEO Bill Andrew has requested the rate change and, if approved by the Board, rates for those served by Delaware Electric Cooperative would drop about five percent.The rate decrease would save the average family using 1,000 kilowatt-hours of electricity $6 per month, or $72 per year. While the Co-op’s rates have been adjusted periodically over the last decade, they remain the lowest in the State of Delaware