Capital Credits

What are capital credits?

Any revenue margins that the cooperative makes after all operating expenses are paid are returned to our members in the form of capital credits. These margins are not always returned immediately, as the cooperative may need to use those funds in the short term to pay for extraordinary operating expenses. However, eventually every penny of profit that your cooperative makes is given back to the membership. Capital credits are one of the most unique and beneficial advantages to being a member of an electric cooperative.

I am no longer a co-op member, but was at one time. How can I find out if I am due any capital credits?

Please contact us, and provide us with the name in which your account was listed and the time you were a member. We may be holding your capital credits because we could not locate you.

How are capital credits distributed?

Living members are issued capital credits through a process known as General Retirement Funds. On a regular basis, the board of directors will determine that the financial condition of the cooperative is such that a general retirement of capital credits is warranted. Active members will receive their distribution in the form of a a credit on their power bill. Former members will be mailed a check at their last know address.

How do I apply for deceased capital credits?

Please contact us and request a "Deceased Member's Capital Credits Form." Please note that accounts in the name of the deceased must be changed or disconnected prior to application.