As a member consumer of an electric cooperative, you and your fellow member consumers own the electric company that serves you. One benefit of ownership is capital credits. Since the Cooperative operates on a not-for-profit basis, all of the margins are returned to our member-consumers in the form of capital credits, an investment in each owner's name. These capital credits form the bulk of the cooperative's equity and is a measure of its financial strength. The funds are used as working capital to build the facilities needed to serve you and future member- consumers. For answers to some frequently asked questions regarding capital credits, click here.
Each year, the Board of Directors of Community Electric Cooperative determine the portion of capital credits to be refunded to the membership. Keeping the Cooperative informed of your current address assures your check will reach you when a refund is made. Retired capital credits not claimed within 120 days of publication in Cooperative Living or a publication of general circulation become property of the cooperative.