One of the most rewarding aspects of being part of an electric cooperative is that you’re not just a customer, you’re a member-owner. That ownership comes with real benefits, and one of the most tangible is capital credits.
Each year, after covering the costs of delivering reliable power and setting aside funds for emergencies and system improvements, any remaining margins are allocated back to members as capital credits. These credits represent your share of the co-op’s equity.
Rather than distributing these funds immediately, the cooperative retains them for a period to reinvest in infrastructure upgrades and reduce the need for borrowing. This strategy helps keep electric rates stable while enhancing service reliability for all members.
When the co-op’s financial position allows, and with approval from the Board of Directors, capital credits are returned to members. Active co-op members receive a credit on their bill, while previous co-op members are mailed a check. This is a clear demonstration of how you share in the success of the cooperative. This is one of the tangible benefits of being served by the co-op and something that sets us apart from other utilities.
Because we may not have the most current contact information for previous members, they may have unclaimed capital credits. To find out, click here to search our database.
If your name appears, simply complete the unclaimed capital credits form and begin the process. If you see the name of a friend or family member, please let them know so that they can claim their cash.