High school seniors whose parents or guardians are consumer-members of Central Virginia Electric Cooperative, and whose primary residence is served by the cooperative, are eligible to apply now for the 2012 Educational Scholarship to be awarded by the Virginia, Maryland & Delaware Association of Electric Cooperatives’ (VMDAEC) Educational Scholarship Foundation Board.

Scholarship recipients are selected based on a combination of the following weighted criteria: financial need at 40 percent; academic achievement at 40 percent; and personal statement at 20 percent. Applicants must be entering a post-high-school educational institution as a freshman in the fall of 2012. The scholarship must be used to pay for tuition, fees and books.

Applications for 2012 scholarships are available here.  If mailed, application form and all required supporting documents must be included in the same envelope and must be postmarked no later than Monday, April 2, 2012. If the application packet is hand-delivered, it must be received in the VMDAEC office no later than 4 p.m. on Monday, April 2, 2012. Applications that are postmarked after April 2nd or hand-delivered after 4 p.m. on April 2nd will not be eligible for consideration. If additional information is needed, please call 804-968-7153.

In 2011, the VMDAEC Educational Scholarship Foundation Board awarded 30 scholarships totaling $30,000 to deserving students throughout Delaware, Maryland and Virginia. Since its inception in 2000, 319 students have received VMDAEC scholarships totaling $228,500. The Foundation is funded through tax-deductible donations from individuals and VMDAEC member electric cooperatives, and also from the proceeds of events such as the annual Educational Scholarship Foundation Golf Tournament. The number of scholarships awarded each year is based on the funds available.

Founded in 1944, VMDAEC is the trade association for Central Virginia Electric Cooperative and the 14 other not-for-profit electric distribution cooperatives serving the Mid-Atlantic region. It is based in Glen Allen, Va., and provides safety and employee training, governmental relations and legislative and communications services, including the publishing of Cooperative Living magazine, for its member co-ops.

For more information, visit www.vmdaec.com.

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by greg on May 26, 2011

Posted in: Uncategorized

Green Energy Now Available

If you are one of the members that would like to purchase “green energy” but want to avoid the costly investment of a solar or wind system, then your Co-op now has an alternative for you.  CVEC has purchased wind generated renewable energy certificates (REC’s) through the Old Dominion Electric Cooperative. (Read More)

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Capital Credits & Refunds for You

May 26, 2011

Capital Credits:  One of the Benefits of Membership CVEC operates under the cooperative business model, member-owned, not-for-profit, and governed by a board of directors elected by the members to represent our interests.  As such, distribution lines are constructed and maintained at actual costs.  Energy is purchased in bulk and delivered to members without a price markup that is typical of for profit utilities. At the end of the year, if there is money remaining after all of the bills are paid, each member is allocated a share of the remaining [...]

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Outage Information for Thursday 3/10/2011

March 11, 2011

8:00 PM: The outage total in the Cunningham substation area rose above 600, but has been cleared. Crews are working on 270 outages in the Piney River area and some single outages in scattered around the rest of the distribution system.

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CVEC to Adjust Rates Effective May 2011

February 11, 2011

CVEC filed a rate case application with the Virginia State Corporation Commission (SCC) on December 12, 2010. If approved that rate adjustment will provide an additional $3 million in annual revenue for the Co-op.

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Virginia Cooperatives Acquire Wind Energy

January 5, 2010

Mecklenburg Electric Cooperative (MEC) customers will soon be using greener energy after MEC announced this week that its power supplier, Old Dominion Electric Cooperative (ODEC) and AES Wind Generation are starting a commercial operation of the Armenia Mountain wind farm in Pennsylvania. ODEC, the primary power provider for Mecklenburg Electric Cooperative and 10 other electric distribution cooperatives, will receive 50 percent of the electricity generated. AES Wind Generation developed, owns and operates the wind farm which is comprised of 67 wind turbines. The 101 megawatt (MW) wind farm is located [...]

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Five CVEC Students Receive $1000 Scholarships

May 4, 2009

For More Information Contact: Greg Kelly, Member Services Director 434-263-7627 or 800-367-2832 ext. 1500 gkelly@forcvec.com Five Area High School Graduates Earn Electric Cooperative College Scholarships Five high school students from Central Virginia have each earned college scholarships awarded by the Educational Scholarship Foundation of the Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC). The recipients are: Alicia Adams of Appomattox, a senior at Appomattox County High School and the daughter of Catherine Adams; Alexandra LaRosa of Palmyra, a senior at Fluvanna County High School and the daughter of Darlene [...]

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Clarification Regarding the 4.63% Rate Increase

April 28, 2009

CVEC has received questions regarding the language cited from The Virginia State Corporation Commission Order where it said: “…the Commission allow its rates to increase by $2,314,643 or 4.63% on an annual basis…” Some readers interpreted the language to mean that the SCC had authorized CVEC to increase rates by 4.63% this year and in years after 2009. The actual intent of the language was to convey a change in rates where the average CVEC member would see a 4.63% increase in his or her yearly bill compared to bills [...]

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Nomination Committee Meeting

April 8, 2009

The CVEC Director Nomination Committee will meet at 2 PM on April 8, 2009 to select one candidate from each of the three districts in the CVEC service territory to stand for election at the Cooperatives Annual Meeting in June of this year. Here is information from the CVEC Bylaws regarding how Directors may be nominated: SECTION 4.4 – Director Nominations. Director candidates shall be nominated as follows: A. Nominating Committee Nominations. The Board shall appoint a Nominating Committee consisting of not less than five nor more than eleven Members who shall be [...]

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SCC Issues Order Approving New Central Virginia Electric Cooperative Rates

April 3, 2009

The Virginia State Corporation Commission issued an Order on March 30, 2009 approving CVEC’s application for a streamlined increase in rates. In December, CVEC notified its members that it was seeking a modest rate change to cover rising costs.  The Cooperative provided members with further information regarding the rate action in the most recent edition of the Current Communicator, the Cooperative’s member newsletter.  CVEC also posted information on the Cooperative’s website, www.forcvec.com. The Virginia State Corporation Commission stated the following in its Order: IT IS THEREFORE FOUND that this application [...]

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