ELECTRIC OUTAGE: 800-848-9333 | INTERNET OUTAGE: 800-668-8413 | PROPANE: 877-574-2740 | OFFICE: 800-562-8232 |
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WHAT ARE

CAPitAL

CREDITS?

Your Co-op. Your Profits.

Capital credits represent your equity in the Co-op you own. Since we’re not-for-profit, our rates are cost-based. Any margins, or profits, that we earn are returned to you, our member, as our board of directors deems our financial strength will allow. When we retire capital credits, they are typically returned to you as a bill credit. The amount of your credit is based on your  patronage, or purchase of electric energy, during a specified time period. In October 2023, our board of directors authorized a $750,000 capital credit retirement to be issued to with the December 2023 electric bills for members who received electricity from us in 1992 and/or 2022.

So far, we’ve returned nearly $25 million in capital credits to you and your neighbors! 

UNCLAIMED CAPITAL CREDITS

Sometimes, a capital credit check goes unclaimed, as the member has moved without updating their mailing address with us. The list found at the links below covers those unclaimed checks from 2014 through 2018. We use several different methods to look for these members so we can return their money to them; this list is just one of those methods!

If you find your own name listed, please call us at 800-562-8232 during regular business hours so we can update your information and reissue your refund. Or, if you find an acquaintance or relative listed and you know their current whereabouts, please have them contact our office for assistance. If you find the name of a deceased relative and you are the executor or heir of their estate, please call us for additional information.

After five years unclaimed, according to our bylaws, the board of directors determines whether to return some or all of the funds to the Cooperative’s equity, which benefits all members by keeping HomeWorks Tri-County Electric financially strong. They may also decide to use some or all of the funds for community projects which would benefit our service area.