Capital Credits FAQ

How are capital credits calculated?

The amount of capital credits you earn in a given year is based on the amount of capital you contribute to the co-op through payment of your monthly electric bills. The capital credits are a dollar amount assigned to members based on power billings during a particular year. This means that members who used more electricity over a year will receive more capital credit allocations than members who used less electricity.

What happens to capital credits of deceased members?

Legal heirs should contact their local EMEPA office. A valid driver's license and birth certificate must be presented. EMEPA will provide the heir with an affidavit that must be signed and notarized. If there are multiple heirs, the affidavit must be signed by each heir.

Will I receive a capital credit return every year?

Possibly, but not necessarily. The board of directors must authorize a retirement before capital credits are returned. When considering a retirement, the directors analyze the financial health of the co-op and will not authorize a retirement if it's not in the best financial interest of the co-op and its members.