Capital Credits
Co-op returns $190,000 to members
Members received over $190,000 in capital credits mailed in early December. The cooperative's Board of Trustees approved the retirement of capital credits from the years 1984 and 2008.
Capital credits are a unique benefit of the cooperative form of business. Capital credits are the difference between your co-op's operating costs and revenues. Because Marlboro Electric is a non-profit cooperative, any revenues left over after expenses are returned to member-owners. Capital credits are assigned to members based on the amount of electricity purchased.
Cooperative President & CEO Bill Fleming said, "The Board pays capital credits for a more recent year and an earlier year. All members, new and old, see the benefits of being a member of Marlboro Electric Cooperative."
See if your name is on the list for an undeliverable/unclaimed capital credit check.
List of unclaimed capital credits