Capital Credits

Capital Credits

 

As a not-for-profit utility company, A&N Electric Cooperative works hard to provide affordable and reliable service. Each year, revenues that exceed expenses (margins) are returned to members in the form of capital credits.

Each year, the A&N Electric Cooperative Board of Directors reviews the financial condition of the cooperative to determine if a retirement of capital credits can be made. Capital credits are retired using a percentage method that distributes a portion of the approved retirement amount to all co-op members.

 

How Do I Receive My Capital Credits?

Refunds are shown as a credit on active members’ bills. Refund checks are mailed to inactive accounts.

 

When Do I Receive My Capital Credits?

Capital credit refunds are applied to co-op member bills in August.

 

How Much Will I Receive?

The amount will vary from member to member based on how much electricity you used in the particular years.

 

Unclaimed Capital Credits

The names of members who failed to claim capital credit refund checks that have been previously issued.