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.