Founded in 1936, SVEC is a member-owned, not-for-profit distribution cooperative serving over 96,000 meters in the counties of Augusta, Clarke, Frederick, Highland, Page, Rockingham, Shenandoah, and Warren and the city of Winchester in Virginia. Shenandoah Valley Electric Cooperative was the first electric cooperative chartered in Virginia. This institution is an equal opportunity provider and employer. SVEC supports our armed services and veterans in employment opportunities.
Shenandoah Valley Electric Cooperative
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1.05
Overall Excellence Rating
Industry
UtilitiesCategory
UtilitiesESG/Ethical Impact
Shenandoah Valley Electric Cooperative’s (SVEC) environmental impact primarily revolves around its role in providing electrical services. SVEC’s social impact is substantial, as it provides essential services to communities. Ensuring a reliable and affordable supply of electricity is critical for the well-being and economic activities of individuals and businesses in its service areas. The cooperative enhances its social impact by investing in grid resilience, minimizing power outages, offering energy assistance programs for low-income members, and actively engaging with the communities it serves through initiatives that support local projects, job creation, and educational programs. SVEC enhances its governance impact by actively participating in industry discussions, advocating for responsible energy policies, and collaborating with regulators to ensure the safety and reliability of its electrical services.
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Awards Received
2023
Revenues
246800000.00
Website Traffic
Employee Rating
Customer Rating
2.10
Company Size
100-1000
ESG Risk Rating
3.00
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