Capital Credits

First Electric returns $7 million to members in 2025.

Capital credits returns your money back to you.

As a member of First Electric, YOU get the credit! First Electric Cooperative is a service-driven electric provider, not a profit-driven one. As such, we return any profits to you – our members – in the form of capital credits. 

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More Information

  1. What are capital credits?

    Revenue collected that is not needed to cover the cost of providing service is assigned back to members based on the amount of electricity used during the year. The First Electric Cooperative Board of Directors reviews the cooperative’s financial position each year and determines the amount of capital credits to refund. The amount of money members receive is based on how much electricity they used during the year or years that are being refunded. 

  2. How much is the co-op returning this year?

    First Electric is retiring $7 million in 2025. That brings the total returned to members to more than $160.7 million since First Electric began the practice in the 1940s. 

  3. Will I get a refund?

    Members who are eligible for a refund will receive it in December. If your refund is less than $50, then it will be shown as a line item on your December bill. If your refund is $50 or greater, then you will receive a check in the mail. 

     

  4. Where do I get more information?

    Please call 800-489-7405 during regular business hours to speak with a member service representative.

Find unclaimed capital credits

Capital Credits are retired annually to current and previous members of the cooperative. Several retirements have gone unclaimed. If you previously had service with First Electric, use the search below to see if you have unclaimed capital credits.

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If a record is returned and you believe to be yours, click the "Claim" link to complete the form to inquire on these funds. 

It’s important to keep your contact information up to date with the cooperative, even after you leave our service area. Please call our office at 800-489-7405 and speak with a member service specialist.