Capital Credits Explained, and an Update
Manage episode 375464506 series 2828627
Capital Credits are one of the biggest differences between electric cooperatives and other utilities. Instead of returning our annual margins (profits) to shareholders, as the for-profit utilities do, CoServ and other electric cooperatives allocate this money back to our Members in the form of Capital Credits.
In this episode of As A Meter of Fact, Darreck explains how Capital Credits work and provides an update on this year's retirement.
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