Capital Credits to Be Returned in November
Sep. 30, 2024 | Co-op News
This year, while everyone at Thanksgiving dinner goes around the table sharing what they are most thankful for, DEC members will have another item to add to their lists — the early return of capital credits! Starting this November, members can expect the annual return a month sooner than in years past. Traditionally distributed in December, eligible members will see their capital credits on their November bill. The return of capital credits represents a member's return on their investment in the Co-op. Each month when they pay their electric bill, members' money is used to grow and make necessary repairs to our system. This helps the Co-op continue to provide the most affordable, reliable power possible to those we serve. Money that is not used towards these efforts is allocated to our members. If you are new to our lines, it can take up to 10 to 15 years years before you receive a capital credits refund. Out of fairness to those who have been members longer — and therefore invested more money into the system — they are the first to receive funds. In the spirit of gratitude that accompanies the season of giving, DEC is thankful for our ability to return money to our members in the form of capital credits. We will post more information on the return of 2024 capital credits in the November newsletter.