WEC’s Community Fund supports a gazillion years of Naturalist Journeys at North Branch Nature Center in Montpelier For as long as anyone at North Branch Nature Center can remember, Washington Electric Co-op has sponsored the popular Naturalist Journeys program through regular donations from the member-supported Community Fund. “Thank you for the gazillion years of support. I think that’s the accurate …
Historic Floods in Central Vermont; WEC Offers Community Fund Flood Response Grants
On July 9, towering purple and black thunderheads sat over Central Vermont, crackling with lightning and dumping hard rain. The next day, July 10, prolonged, torrential rain caused the worst flooding Vermont has seen since Tropical Storm Irene, and in many areas, since 1927. The next day, July 11, state officials watched Wrightsville Dam with concern as water rose within …
Co-op Seeks Former Members for Capital Credit Refunds
WEC has returned almost $10 million to members since 1998 When your electric cooperative takes in more money than it costs to run the utility, where does that money go? Have you ever noticed a credit on your November electric bill? As a member of an electric cooperative, excess revenue is returned to you and your fellow member-owners. That is …
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 …
Ways WEC Lights the Darkness
For many folks, 2021 has been as tough a year as 2020 was. It’s apparent to WEC just through the record number of accounts that are in arrears–even after a second round of state grants to help Vermonters pay utility bills. “The pandemic has been tremendously difficult in terms of the challenges it brought to bear on people,” said General …