GROWTH

Investing Today to Power Tomorrow

From agriculture to manufacturing, our territory is attracting investment and opportunity. In 2024, REC supported dozens of development partnerships and connected over 4,000 new members.
 

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growth member

Powering Progress:
How REC is Fueling Louisa County's Growth

“REC shows up — consistently, authentically, and with purpose. They’ve helped us power more than lights. They’ve helped power economic progress.”

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Growth by the Numbers

  • 4,044 new meters added. 
  • 20 GW load forecasted for future data centers. 
  • $44 million state and federal grants. 
  • 28 economic development partnerships supported. 

Business is Booming -- and REC is Supporting Positive Growth

REC delivered more than 4 billion GW of power in 2024. Behind the scenes with significant growth forecast over the coming years. 

Learn how REC’s Economic Development team works to support development in counties that want to grow. 

REC Economic Development

REC STORIES

John Hewa, President and CEO, and Board Chairman Christopher Shipe participated in a live telephone town hall with members on July 8.

Celebrating the Red, White and Blue

Saturday | July 6, 2024
REC employees took part in community parades celebrating Independence Day.

REC Joins Playin' in the Park

Friday | July 5, 2024
As part of the Independence Day festivities, REC joined the public at at Booster Park in Orange County.