Capital credit checks coming your way

When you signed up for electric service with Central Electric, you didn’t just become a customer—you became a member-owner. Unlike investor-owned utilities that distribute profits to shareholders, electric cooperatives operate at cost and return any excess margins to their members. When financial conditions allow, these margins, known as capital credits, are returned to you, our members.

At this year’s Annual Meeting of the Members, CEO & General Manager Eddie Oldham shared that the Board of Directors has approved another retirement of capital credits. This marks the 17th consecutive year of capital credit retirements, with more than $19 million returned to members over that time.

The 2025 retirement will include the remaining balance from 2006 and 80% of the balance from 2007, totaling approximately $1.1 million. Members receiving more than $25 will be mailed a check; smaller amounts will be applied as a bill credit.

Look for retirement checks to arrive by the first week of December!