capital credits

Capital Credits

Capital credits are one of the many benefits of being a member of an electric cooperative, however sometimes they can cause some confusion.

Every year, New-Mac Electric sends each of its members a card informing them of their capital-credit amount for the past year.

So, what does it mean if I’ve gained capital credits?

Capital credits are your share of the operating margins realized by your cooperative each year. These margins are equally allocated to all participating consumers based upon total dollar billing.