DEC to Return Millions to Members This Month!

This November, our Co-op is excited to announce the return of $5 million in capital credits to those who were DEC members in 2013! Current members will receive a credit on their November bill. Those who were served by the Co-op in 2013, but have since moved off our lines, will receive their credit in the form of a check. Capital credits represent the return of the Co-op’s margins, or profits, to our member-owners. 

As a not-for-profit electric utility, DEC returns capital credits to our members as a way of sharing the value of their investment in the cooperative. President and CEO Rob Book says this investment is what allows us to continue delivering reliable, affordable power. “Without our members, there would be no Co-op. Each individual we serve is also a part-owner of this organization,” says Book. “Every time they pay their electric bill, they’re helping us build, maintain and improve the electrical system that powers their daily lives. Returning capital credits is one way we recognize their vital role in keeping the lights on.” 

This practice is a powerful example of how the Co-op puts people —not profits — first!