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Capital Credits Refund

After reviewing Delaware County Electric Cooperative's financial position and determining it to be sound, the DCEC Board of Directors has approved a Capital Credit refund from 1987 in the amount of approximately $200,000.

Current members who were actively receiving electric service from DCEC in 1987 will receive a credit on their December bill identified as "CAPITAL CREDIT REFUND".

Members who are no longer receiving electric service from DCEC today but did so in 1987 will receive a check in the mail provided their refund is $5.00 or greater.

What are Capital Credits?

Capital Credits represent the investment you make in your cooperative. Each time you pay your electric bill, the funds are used to pay expenses incurred by DCEC to serve your electric needs. Any surplus is allocated to members each year based on your kWh usage and reflects your ownership interest in the cooperative. When the financial condition of your cooperative allows, capital credits are paid out to members based on the year that they were realized.

< Read more about Capital Credits. >

 




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