Delaware Coop Makes Bid for City Electric System
Delaware Electric Cooperative has tendered a $16 million offer to purchase Lewes Board of Public Works electric distribution system. The Board is considering an offer from the Delaware Electric Municipal Electric Corporation to become a full member of the DEMEC. Delaware Electric Coop’s CEO and President said that the Board’s consideration of the DEMEC offer prompted the coop to make its own multi-million dollar offer. The Cape Gazette has more.