CAPITAL CREDITS

According to the By-Laws of the Cooperative, any amount paid for electric service by a member in excess of the costs incurred by the Cooperative will be allocated as Capital Credits to Current year members. By Definition, Capital Credits are the monies available to the Cooperative in excess of operating costs and expenses. This capital is credited to an account in each member’s name based on the Capital Credit factor as determined by the margins of the Cooperative. Each member/consumer’s Capital Credit allocation equals the account’s share of the margins based on annual patronage.

When you are no longer an active member of the Cooperative, it becomes your responsibility to keep the Cooperative informed of your current address so that refund checks will reach you.

For more information on the procedures of retirement or the total of your capital credit account, please contact your Office Department.