Annually, the co-op determines its net margin (revenue less expenses). The Board of Trustees approves allocating that margin to consumers proportionately to the amount of electricity they purchased in that year. Allocated capital credits are paid on a 20-year cycle, provided the cooperative’s financial position is not jeopardized. In the meantime, South Central Power uses the money as operating capital.
Capital credits are also paid to the estates of deceased members. To claim capital credits on the estate of a deceased member, please call us at (800) 282-5064.