One of the unique benefits of being a member of Big Country Electric Cooperative is capital credits. Electric cooperatives operate differently than investor-owned utilities, and as a member-owner, margins may be returned to you over time in the form of capital credits based on your electric usage.
Last year, BCEC introduced a new process for residential capital credits retirements by applying credits directly to electric bills instead of mailing paper checks. Following positive feedback and continued cost savings, we will continue using this method moving forward for residential members, including those in the farm and seasonal rate class.
Eligible members will see their capital credits retirement reflected as a bill credit on their monthly statement, eliminating the need to deposit a paper check while still receiving the same value from their allocation.
Continuing this process helps reduce expenses such as postage, printing and processing costs, allowing us to be good stewards of cooperative resources while returning margins to members efficiently.
Nonresidential accounts—including commercial, large power and irrigation members—will continue receiving capital credits retirement checks by mail.
By the time this magazine reaches your mailbox, allocation notices will have already been mailed, and qualifying members should see their credit on their July bill.
If you have any questions about your allocation or retirement, please don’t hesitate to contact our office. We’re always happy to help explain the process and answer any questions you may have.
