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Local grads earn CVEC scholarships

Local grads earn CVEC scholarships
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Electric cooperatives express concerns over postal rate hikes

The Virginia, Maryland & Delaware Association of Electric Cooperatives has urged Congress to oppose dramatic increases in postal rates, warning that they could have an adverse effect on electric cooperatives and the members they serve. In a letter to members of the Virginia and Maryland congressional delegations, VMDAEC President and CEO Richard G. Johnstone Jr. said planned increases of 6 percent to 8.5 percent represent a substantial burden in the wake of the COVID-19 pandemic and subsequent economic crisis. The U.S. Postal Service Board of Governors is scheduled to decide on the increases later this month. The new rates would take effect this summer and are in addition to a 1.5 percent increase that took effect on Jan. 24.

Electric Cooperatives Voice Concern on Postal Rate Hikes

The Virginia, Maryland & Delaware Association of Electric Cooperatives has urged Congress to oppose dramatic increases in postal rates, warning that they could have an adverse effect on electric cooperatives and the members they serve.  In a letter to members of the Virginia and Maryland congressional delegations, VMDAEC President and CEO Richard G. Johnstone Jr. said planned increases of 6% to 8.5% represent a substantial burden in the wake of the COVID-19 pandemic and subsequent economic crisis.  The U.S. Postal Service Board of Governors is scheduled to decide on the increases later this month. The new rates would take effect this summer and are in addition to a 1.5% increase that took effect on Jan. 24. 

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