Co-op gathers members together for a cookout, connections, and engineering demonstration on a sunny September day Preview in new tab September 10 was hot and sunny. But with almost 150 members expected for lunch, the grills were busy at WEC’s Operations Center, cooking burgers and chicken from local farms. Typically, WEC hosts the Annual Meeting of the membership in early …
Context for WEC’s rate increase filing
By Louis Porter Washington Electric Cooperative has filed for a 14.19% increase in its rates. The need for this increase is driven by several factors, but the primary ones are a decline in production at the Coventry landfill gas-to-electricity plant and high and volatile prices in the New England energy market that are occurring at the same time. The result …
Members Write: Responses to September 2022 issue
To Co-op Currents: I applaud the Co-op for making the Co-op Currents digital. However, the September issue had me confused with the links to read the “net metering” pieces at the tail end of the print issue. I first clicked on each of the links and read those pieces; they seemed short and disjointed. I then read the PDF of …
President’s & GM’s Message: Reckoning cooperative values with market-based incentive systems in our collective shift away from fossil fuels
Rate case, response to net metering issue, new CVFiber column, Coventry update, member cookout Co-op Month: Reckoning individual incentives with cooperative values Steve: October is Co-op Month. When I joined Washington Electric’s Board of Directors and was figuring out my responsibilities, a wise Board member told me, whatever decision we make should be made on the basis of what is …
An appreciation of Stanley and Elaine Fitch, stewards of land and community
By Barry Bernstein The lives of Stan and Elaine Fitch, who died together on August 30 in the home in Kent’s Corner where Stanley was born, run parallel with the history of the Co-op. Stanley’s family and Elaine’s family were both among the 150 families that were the first ones hooked up when Governor Aiken flipped the switch and Washington …
WEC to File Request for Rate Increase
Multiple factors cause the Co-op to need to raise rates by more than 10 percent By Louis Porter WEC is planning to file a request for a significant rate increase with state regulators this month, due to a decline in production from the Coventry plant as work has taken place on the Casella landfill, very high and volatile electricity prices …
Net Metering’s Effects on Washington Electric Co-op
By the Board and General Manager of Washington Electric Co-op As the most expensive form of renewable power in the state, net metering raises the cost of electricity to Vermonters who do not own such systems while it lowers the costs for those who do. The members of Washington Electric Cooperative have a long history of supporting renewable energy. The …
Co-op Seeks Former Members for Capital Credits Refunds
WEC returns $400,000 to membership in 2022 When for-profit utilities collect excess revenue, those profits enrich their shareholders. When cooperative utilities take in more revenue from their members than it costs to run the utility, they return that money to their members. Since 1998, WEC has returned approximately $9.5 million in capital credit refunds to Co-op members. This year, the …
Equity and unintended consequences
It’s the poor feeding the rich. Mack Gardner-Morse Today, WEC Treasurer Don Douglas said, net metering is “shifting the cost of running the Co-op from everybody to just the people who don’t have solar or some other form of net metering.” It’s a fundamental issue of fairness raised by regulators, WEC leaders, members, and others. When the PUC requested comments …
“It’s counterproductive:” Displacing green energy and causing rate pressure
As rates rise, members lose incentive to switch from fossil fuels to electric As a cooperative electric utility with an environmental mission, WEC exists in a mixed landscape of not-for-profits, for-profits, and state goals and mandates, all working to change Vermonters’ behavior. While all are aiming to reduce emissions and fossil fuel use, “we’re running at cross purposes in getting …