Earlier this spring, nearly 97% of Randolph EMC members received a check or bill credit for their share of the annual general capital credit retirement.
As members of Randolph EMC, you are not a customer. You are an owner of this cooperative. This is a difference that sets Randolph EMC apart from other electric utilities.
As member-owners, you are entitled to share in any excess revenue left over at the end of each year. The capital credit refund is just one example of the cooperative difference.
At Randolph EMC, we count it a privilege to touch the home of every member in a positive way. Our core values of integrity, accountability, innovation and community involvement guide us in every decision we make. You, our member-owners, are our top priority. We appreciate the opportunity to serve you.
How Do Capital Credits Work?
Because electric co-ops operate at cost, excess revenues are returned to you in the form of capital credits. Since inception, Randolph EMC has returned more than $52 million to members.
Learn more at RandolphEMC.com