Progress at REC: PAYS program & board minutes posted

Some good things are happening at Rappahannock Electric Cooperative. We launched the Repower REC campaign three years ago to bring greater transparency, better energy options, and fair democratic governance to the electric utility that we all own. We’re happy to say the co-op has listened to us and made some significant improvements in the area of financial transparency. REC’s financial statements and tax returns are now posted on the REC website. If you examine the tax returns you can see how much the co-op’s nine board members are paid. What’s more, the co-op has begun posting minutes of board meetings, which allows member-owners to get a general idea of topics discussed by the board. That’s not full transparency, but it’s a start.

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