Capital Credit Retirements Make Christmas Greener!
Posted on December 20th, 2024
Each December, our board reviews the cooperative’s financial position, and we determine the amount of capital credits to refund. This year, over $7.07 million was returned to you — our members. That includes a complete retirement of 2002 and percentage of 2019-2023. That brings the total capital credit retirement to over $153.6 million since we began the practice in the 1940s.
Thank you for your membership in First Electric Cooperative. We’re wishing you and your family a prosperous 2025.