 |
Capital
Credits
Electric
cooperatives are non profit organizations owned by the members we
serve. Every year, any profits from the operation of the business
are credited back to our members, and are called capital credits.
We keep a record of the amount of money each member is due, and
each year we send a notice to our members to let them know the amount
they earned. The profits are allocated back to our members based
on how much energy they used in that year.
Our board of directors determines the schedule for repaying capital
credits. Many times, members have moved away from the area, and
we have a difficult time locating them. It is very important for
former customers to keep us informed of their current address so
they will receive their checks.
As of December
31, 2003, we've returned over $25,000,000 to Mississippi County Electric
members. If you have questions about unclaimed capital credits, or
would like more information about our capital credit payment history
and plans, simply e-mail your
request or contact us by phone at 1-800-439-4563.
All
contents © 2000-2004 Mississippi County Electric Cooperative, Inc.
|