Central Electric is a cooperative, owned by the people we serve. They are more than customers. Here at Central, we call them "members" or "member-owners."
One way ownership is reflected is through capital credits. These are members' share of what's left over after we have paid the costs of delivering power, and set aside appropriate funds for emergency situations and regular growth projects. When we are financially able to do so, these capital credits are distributed to members. That means the member-owners financially share in the successful operation of the cooperative. Capital credits are one of the tangible benefits of being served by a co-op.
Between 2009 and 2020, Central Electric has retired more than $13.7 million in capital credits for the service years of 1982 through 2001. In 2020, the co-op gave back $1.1 million and members who received service from the cooperative during 2000 or 2001 received a capital credit retirement check. Retirement amounts greater than $25 were issued a check, while all others were applied as a bill credit.
Unclaimed Capital Credits
Often, members who are entitled to capital credit distributions have moved and it is difficult to locate these individuals.
Please review the list below of unclaimed capital credits and if you see your name or the names of family or friends, have them click the button above the list to complete the form. A Central Electric representative will review the information and be in contact with the individual. We appreciate your assistance in helping us ensure that everyone receives their capital credit benefit.
*Names are listed alphabetically with last name listed first.