CVEC publish this notice on January 29, 2009 in The Richmond Times Dispatch, The Charlottesville Daily Progress and The Lynchburg News & Advance

NOTICE TO THE PUBLIC OF AN APPLICATION FOR A STREAMLINED INCREASE IN RATES BY CENTRAL VIRGINIA ELECTRIC COOPERATIVE

            On March 2, 2009, Central Virginia Electric Cooperative (“CVEC”) intends to file an application for a streamlined rate increase with the State Corporation Commission (“SCC”).  The application will propose an increase in rates and charges for electric service to produce an increase in additional gross annual revenues of $2,314,643 or 4.63%.  The resulting proposed percentage increase for each rate schedule is as follows:  Schedule A, Farm & Home, 4.77%; Schedule B, General Services, 5.36%; Schedule LP, Large Power Service, 4.24%; Schedule I, Industrial Service, 1.79%; Schedule SHL, Street Light Service, 7.81%.  The increases will be spread across all non-energy charges, and all energy related charges will remain the same.  The Cooperative proposes to make the revised rates effective April 1, 2009.

            For a residential customer using 1000 kWh, the proposed rates will result in the following monthly charges:  Metering and Billing $5.00, Basic Service Charge $12.49, Distribution Charge $26.99, and Power Charge $45.48, for a total of $89.96, which is an increase of $4.42 in the monthly bill.  Depending upon the amount of usage on an account, individual customers may see increases of more or less than the average of 4.63%.

            Copies of CVEC’s application and the data relied upon to support the increase can be reviewed after March 2, 2009, during regular business hours at CVEC’s office in Arrington, Virginia 22922.

            Any interested party has the right to request a hearing on CVEC’s application, and such request should be directed to the Clerk of the State Corporation Commission, P.O. Box 2118, Richmond, Virginia, 23218, with service upon CVEC directed to its counsel, Richard Gary, Hunton & Williams, Riverfront Plaza – East Tower, 951 East Byrd Street, Richmond, Virginia 23219-4074.  Such requests should be made by April 1, 2009.

            The SCC may convene a hearing on the case, and if a hearing is held, the Commission may order rate relief, redesign rates, or adopt tariff revisions which differ from those in the CVEC application.  If the lesser of 150 or 5.0% of the customers or other persons within a class and subject to a rate, toll, or charge do not request a hearing, and if the lesser of 150 or 5% of the customers or other persons subject to such rate, toll, or charge of the Cooperative do not object to the rate change or tariff revision, the Cooperative may petition the Commission to make rates permanent within 30 days after the application is filed with the Commission.

For additional information, visit www.forcvec.com.