Generation & Transmission Cooperative
ODEC is a not-for-profit electric cooperative delivering reliable, affordable, and responsible energy to communities across Virginia, Maryland, and Delaware.
Access operational updates, energy programs, and governance information for ODEC's 11 member distribution cooperatives.
Review financial health, SEC filings, credit ratings, and annual reports for ODEC's wholesale power operations.
Learn about our 78-year history as a not-for-profit generation and transmission cooperative serving Virginia, Maryland, and Delaware.
Who We Are
Old Dominion Electric Cooperative is a not-for-profit wholesale generation and transmission cooperative that operates for the benefit of its members, who are its owners. Incorporated in 1948 under the laws of the Commonwealth of Virginia, ODEC has focused for more than 75 years on safely and affordably generating and transmitting power.
Because ODEC is owned by its 11 member cooperatives, every decision is made with the impact to the customer foremost in consideration. Consumers are located in 70 counties along 59,000 miles of distribution lines that extend from Delaware and Maryland, south across Virginia to the North Carolina border, and from Virginia's Eastern Shore to the Allegheny Highlands.
Our mission: to provide reliable, responsible power to members at an affordable cost.
Delivery points through 4 transmission providers including Dominion Energy and Delmarva Power
Generation & Transmission
ODEC owns and operates generation facilities across Virginia, Maryland, and West Virginia, with a balanced fuel mix of natural gas, nuclear, coal, and growing renewable resources.
Combined Cycle Natural Gas
Cecil County, Maryland
One of the cleanest natural gas facilities of its size in Maryland
Power Purchase Agreement
Harrison County, West Virginia
Long-term PPA securing 100% of energy and capacity
Natural Gas Peaking (5 units)
Gordonsville, Virginia
Produces power quickly with low emissions
Natural Gas Peaking (3 units)
Fauquier County, Virginia
Low CO2 emissions peaking facility
Coal (50% ODEC share)
Halifax, Virginia
Jointly owned with Virginia Power, serving 550,000+ homes
Nuclear (11.6% ODEC share)
Louisa County, Virginia
Among the lowest-cost nuclear stations in the nation
Renewables & Sustainability
ODEC was one of the first generation and transmission cooperatives in the country to set a carbon reduction goal. We are actively building the clean energy infrastructure needed to meet our commitments.
260+ MW across 4 wind farms in Pennsylvania, Maryland, and New York
52+ MW from projects across Virginia and Delaware, with more in development
$516.8M in federal funding sought for 31 clean energy projects totaling 800 MW
Our Members
ODEC generates and purchases wholesale power for 11 retail distribution cooperatives serving nearly 1.5 million people across 70 counties in Virginia, Maryland, and Delaware.
Reliability
For more than 75 years, ODEC has delivered reliable power through a diversified generation portfolio, robust transmission infrastructure, and membership in PJM Interconnection.
A balanced portfolio of natural gas, nuclear, coal, and renewable resources ensures no single fuel source creates vulnerability.
Our natural gas peaking facilities can ramp up quickly to meet surges in demand, complementing intermittent renewable generation.
ODEC owns 110 miles of high-voltage transmission lines on the Eastern Shore of Virginia, with over 225 delivery points.
As a member of PJM, ODEC participates in one of the largest regional transmission organizations, ensuring grid stability across 13 states.
Financial Strength
As a not-for-profit cooperative, ODEC operates under a FERC-approved formula rate that ensures costs are passed through at cost to our member cooperatives. This structure, combined with diversified generation assets and conservative financial management, has earned ODEC strong credit ratings and the confidence of investors.
ODEC's three largest member cooperatives -- Rappahannock Electric, Shenandoah Valley Electric, and Delaware Electric -- represent approximately 64.7% of wholesale revenue, providing a stable and concentrated customer base.
Credit rating reflecting ODEC's strong financial position, diversified generation, and stable wholesale power contract structure.
FERC Formula Rate -- Costs are passed through to members at cost, providing rate stability and financial transparency.
News & Updates
Stay informed about ODEC's operations, generation projects, sustainability milestones, and community impact.