Capital Credit Refund

On October 20, 2010 the DCEC board approved a $200,000 general retirement of capital credits to those individuals and businesses who were active members in 1988.

At the end of every fiscal year, any year-end "net margin" realized by DCEC is "allocated" (not paid out) to members based on their electrical usage for that year. As a non-profit cooperative, this represents the equity members have in the cooperative. When financial conditions of the cooperative are deemed to be sufficient, the board can vote to retire these capital credits as a return of member equity on a "First-In First-Out" basis. This retirement represents about 40% of the total margin realized in 1988.