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January 2020 Rate Revision

At its November board meeting, the Shenandoah Valley Electric Cooperative (SVEC) Board of Directors approved the first step in a multi-year effort for the cooperative to properly recover costs across different member classes. Simultaneously, there will also be a charge decrease from our wholesale power provider, Old Dominion Electric Cooperative (ODEC). While most SVEC members see only minor changes to their bill total as a result of these actions, please take the time to review the member letter that was attached to January bills (attached below).

These rate changes went into effect on January 1, 2020.

Residential Example

General Service Example