How Do Capital Credits Work?
Because electric co-ops operate at cost, any excess revenues are returned to you in the form of capital credits.
- Clark County REMC tracks how much electricity you use and pay for throughout the year.
- At the end of the year, we assess the finances to see if there is excess revenue.
- Clark County REMC allocates the excess revenues as “capital credits” to members, based on how much electricity you’ve used.
- When financial conditions allow, the board of directors will pay out the capital credits in the form of a check to you at a future date.
Clark County REMC is returning $2,700,000 in December to those who were members from 1991 to 2000, or in 2018.