Shenandoah Valley Electric Cooperative

180 Oakwood Dr, Rockingham, VA 22801

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.

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2.9

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/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 can enhance 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 can further enhance 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

$5,300,000.00

Website Traffic

Employee Rating

3.3

Customer Rating

4

Company Size

100-1000

ESG Risk Rating

3

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