This is your Cooperative. After all expenses for furnishing your electricity have been paid, any money left over is set aside for you, the member-owner of the Cooperative. This money is known as your patronage capital or capital credits.
Patronage capital is divided among all members, based on the amount and cost of your electricity for the year.
It is also the Cooperative's equity, or working capital. The patronage capital allows the Cooperative to secure loans and maintain facilities and services. When the financial status of the Cooperative allows, the Board of Directors will authorize payment of a portion of the patronage capital.Your capital credits are reserved for you even if you discontinue your membership and move out of the area. Please keep a current address on file to help us locate you in the future.