Central Virginia Electric Cooperative Announces Plan to Build Fiber Network
Central Virginia Electric Cooperative (CVEC) has announced its plan to build a fiber network in order to deliver high-speed communications throughout its electric distribution system. CVEC intends to use this fiber network to make high-speed internet service available to all of its members. The CVEC Board of Directors has approved a one-year pilot program, to begin in 2018, and hopes to complete installation of the fiber-optic cable across 4,600 miles of distribution lines within five years. The project will include a $100 million investment in new infrastructure and is expected to add 20 to 25 new jobs to the central Virginia economy.