Laura T. Phillips

Laura Phillips

Secretary-Treasurer, District 6

Laura Phillips is a native Delawarean with over 40 years working in the financial industry. She holds a bachelor’s degree from Wilmington University. She has been on the DEC Board for 14 years and sits on the finance and audit committees. She holds the executive position as Secretary for the DEC Board of Directors and has earned her Certified Cooperative Director, Board Leadership and Director Gold credentials. Her priorities are keeping rates competitively priced, keeping the Cooperative financially sound, and maintaining a reliable electric grid. During her time on the DEC Board, Laura has helped implement measures that have assured Co-op electric rates remain some of the lowest in the region and that DEC continues to provide reliable power to our members. One way DEC has been able to offer affordable rates to members has been through the Board’s advocacy of strong financial controls and focus on controlling long-term debt. Our Board also supports investing in renewable energy projects like solar and landfill gas to provide a local, sustainable and stable source of affordable power for decades to come.

DEC supports solar projects that reduce dependence on energy produced outside the Delmarva area which also reduces the cost to transmit energy to our service territory. Through the installation of utility-scale renewable energy projects and efficiency programs, our Cooperative has lowered its carbon footprint by 45% since 2005. Laura has worked to ensure the Cooperative is proactive in using data and technology to provide new and innovative ways to improve system reliability. She has voted to approve investments in new infrastructure and advanced electrical equipment which has resulted in record years for reliability. Laura has been a strong proponent of DEC’s Beat the Peak Program, which has saved members $40 million since 2008. During her time on the board, the Co-op has also returned tens of millions of dollars to members in the form of capital credits, helping DEC achieve some of the highest member satisfaction scores in the nation.

Secretary-Treasurer, District 6

Laura Phillips is a native Delawarean with over 40 years working in the financial industry. She holds a bachelor’s degree from Wilmington University. She has been on the DEC Board for 14 years and sits on the finance and audit committees. She holds the executive position as Secretary for the DEC Board of Directors and has earned her Certified Cooperative Director, Board Leadership and Director Gold credentials. Her priorities are keeping rates competitively priced, keeping the Cooperative financially sound, and maintaining a reliable electric grid. During her time on the DEC Board, Laura has helped implement measures that have assured Co-op electric rates remain some of the lowest in the region and that DEC continues to provide reliable power to our members. One way DEC has been able to offer affordable rates to members has been through the Board’s advocacy of strong financial controls and focus on controlling long-term debt. Our Board also supports investing in renewable energy projects like solar and landfill gas to provide a local, sustainable and stable source of affordable power for decades to come.

DEC supports solar projects that reduce dependence on energy produced outside the Delmarva area which also reduces the cost to transmit energy to our service territory. Through the installation of utility-scale renewable energy projects and efficiency programs, our Cooperative has lowered its carbon footprint by 45% since 2005. Laura has worked to ensure the Cooperative is proactive in using data and technology to provide new and innovative ways to improve system reliability. She has voted to approve investments in new infrastructure and advanced electrical equipment which has resulted in record years for reliability. Laura has been a strong proponent of DEC’s Beat the Peak Program, which has saved members $40 million since 2008. During her time on the board, the Co-op has also returned tens of millions of dollars to members in the form of capital credits, helping DEC achieve some of the highest member satisfaction scores in the nation.

Laura Phillips

Secretary-Treasurer, District 6

Laura Phillips is a native Delawarean with over 40 years working in the financial industry. She holds a bachelor’s degree from Wilmington University. She has been on the DEC Board for 14 years and sits on the finance and audit committees. She holds the executive position as Secretary for the DEC Board of Directors and has earned her Certified Cooperative Director, Board Leadership and Director Gold credentials. Her priorities are keeping rates competitively priced, keeping the Cooperative financially sound, and maintaining a reliable electric grid. During her time on the DEC Board, Laura has helped implement measures that have assured Co-op electric rates remain some of the lowest in the region and that DEC continues to provide reliable power to our members. One way DEC has been able to offer affordable rates to members has been through the Board’s advocacy of strong financial controls and focus on controlling long-term debt. Our Board also supports investing in renewable energy projects like solar and landfill gas to provide a local, sustainable and stable source of affordable power for decades to come.

DEC supports solar projects that reduce dependence on energy produced outside the Delmarva area which also reduces the cost to transmit energy to our service territory. Through the installation of utility-scale renewable energy projects and efficiency programs, our Cooperative has lowered its carbon footprint by 45% since 2005. Laura has worked to ensure the Cooperative is proactive in using data and technology to provide new and innovative ways to improve system reliability. She has voted to approve investments in new infrastructure and advanced electrical equipment which has resulted in record years for reliability. Laura has been a strong proponent of DEC’s Beat the Peak Program, which has saved members $40 million since 2008. During her time on the board, the Co-op has also returned tens of millions of dollars to members in the form of capital credits, helping DEC achieve some of the highest member satisfaction scores in the nation.

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