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ACCT 211 DB4 - fiber optic lines to businesses and the...

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DB4 BTN 10-9 Northern Virginia Electric Cooperative (NOVEC) is a locally based and locally owned energy company located in Manassas, VA. NOVEC has two affiliates NOVEC Solutions and NOVEC Energy Solutions. NOVEC Energy Solutions provides natural gas to over 17,000 customers in the Washington D.C. metro area. NOVEC Solutions leases its excess
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Unformatted text preview: fiber optic lines to businesses and the government in the Washington, D.C. metro area. NOVEC accounts for its assets by wholesale average cost per kilowatt-hour and cost of power. In 2006 NOVEC’s cost of power was $209 millions....
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