News

2019-2020 VMDAEC Scholarship

Each year, the Education Scholarship Foundation awards $1,000 scholarships for post-secondary education to deserving students from our member electric cooperative territories. A combination of weighted criteria is used in the selection process: 40% financial need; 40% academic achievement; and 20% personal statement. Funds can be applied towards tuition, student fees, room and board, or textbooks.

The 2019-2020 Scholarship Application Cycle will be open on Monday, November 4, at www.VMDAEC.com.

Eligibility Requirements

Holiday Helper 2019

Help PGEC support the Holiday Helper Association with a generous donation of an unopened toy at either our Waverly or Prince George offices.  PGEC is proud to support the Holiday Helper Association each year, to ensure that “no military child goes without” this holiday season.

2019 Annual Meeting

Prince George Electric Cooperative (PGEC) is doing what it has done for 80 years — meeting its members’ needs. It’s now doing it in a more high-tech way.

That was one of the messages as about 300 members and guests gathered Sept. 30 at the co-op’s Waverly headquarters for the 80th annual meeting.

High on the agenda was an update on RURALBAND, the co-op’s initiative that is bringing high-speed, fiber-to-the-home internet service to its unserved members, just as PGEC first brought power to them in the 1930s.

Three Brothers' Distillery Quadruples Load

With a shot of entrepreneurial spirit, David Reavis embarked on a passion of crafting high quality spirits based on historical recipes and traditions from his Sussex County distillery. Reavis’ planning gained momentum earlier this year after receiving a recent makeover from the Discovery Channel and their series “Moonshiners Whiskey Business”. Three Brothers’ Distillery is uniquely poised as the explosion of the craft spirits growth continues.

PGEC Board Returns Capital Credits

December, 2018 - The Cooperative’s Board of Directors approved the refund of capital credit allocations to Cooperative members who received electric service in  1986,  1987, 1988, 1989, 1990, 1996 and /or 2017 with refunds totaling $894,467. 

The refund of capital credits is one of the benefits provided to you as a member/owner of the Cooperative.  Mike Malandro, president and CEO, comments, “On behalf of the Board of Directors, we are pleased that your Cooperative is able to maintain reasonable electric rates and return capital credits to our members.”

PCA Change Effective February 1, 2019

A change in the Power Cost Adjustment ( PCA ) became effective February 1. The current PCA credit of .008460/kilowatt-hour (kWh) will be lowered to a credit of .004227. These charges are reflected in the Energy Supply portion of your bill. PGEC remains committed to providing electric service at the lowest reasonable cost while continuing to modernize our infrastructure, resulting in improved safety and reliability for all members.  

2020 Washington Youth Tour

Look for application and trip information for the 2020 Washington D. C. Youth Tour in an upcoming Cooperative Living later this fall. Four high school or home schooled juniors will be selected to attend a week long, all-expense paid trip to visit museums, meet with elected officials and participate in other special events!   

 

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