Your Cooperative is a non-profit corporation owned by its consumer members. All revenues in excess of expenses (called margins) are allocated (spread) back to each consumer-member who contributed revenues that year.
The allocation is based upon the total amount of electric bills paid by the member for that particular year.
The allocation of margins is done every spring following the close of the calendar year. Each year the Board of Directors reviews the financial condition of the Cooperative and determines if a refund of these margins (called capital credit retirement) is feasible.
On July 23, 2019, 3,495 checks amounting to $350,196.97 and covering the years 1983, 1984, and 1985 were mailed out. Checks were sent to addresses on file for these members. Sometimes checks will be returned because we no longer have a valid address for some of our members. Click on the link above to see if you or someone you know is listed.
Please note that as more capital credit checks are returned to us due to invalid mailing addresses the list will be updated. So check back often to see if you recognize the name of a relative, friend or neighbor!