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Pedernales EC News

Check Your July Bill for 2016 Capital Credits

The next distribution will be on December bills

The amount of capital credits you earn in a given year is based on the amount of capital you contribute to PEC through payment of your monthly electric bills. The amount of operating margins (revenue less expenses) realized by the cooperative in a given year also affects the amount allocated to your account. Basically, the more electricity you use, the greater your ownership in PEC and the larger your capital credits allocation will be.

If you received an allocation for electricity used last year, the amount will be shown on your July bill. The next capital credits distribution (payout) will take place in December.

Visit pec.coop/capitalcredits to learn more.