Capital Credits

What are Capital Credits?

When you signed up to receive electric service from us, you became a member-owner of an electric cooperative. While investor-owned utilities return a portion of any profits back to their investors, electric cooperatives allocate excess revenue to members as “capital credits,” and retire – or pay – them when the co-op’s financial condition permits. Capital credits are one of the benefits of being a member of a not-for-profit electric cooperative such as Co-Mo Electric. Capital Credits are considered your equity in the organization.

Our board of directors and staff work hard to watch expenses, so we can maximize returns on your investment in the form of capital credits.

How’s it work?

In December of each year, people and organizations who were last members of Co-Mo Electric Cooperative 11 years ago and all active members will receive capital credit retirements. The amount of each retirement is based on how much individual members paid the co-op for electric service over the course of a year.