Throughout the year, the co-op receives requests to refund unretired capital credits to the estates of deceased members.
As we went to press in early November, the refunds to estates for 2019 was estimated at $450,000. As the co-op nears its first rate increase since 2013 coupled with hurricane recovery costs, coal ash cleanup expenses, and over $33 million in new electric plant investments during that time, the co-op is not in a position to issue a general retirement of capital credits this December as has generally been the case.
Should you move out of the Tideland EMC service area, please provide us with your new address so future capital credit checks can be properly delivered.
Check on a Capital Credit refund
In the event of the death of a loved one, please contact the co-op to see if the estate is due a refund of member equity. The request form can be found online.
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