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 …