Each year, any margins (revenues in excess of expenses) generated by Union Power are proportionally allocated to you as capital credits and are held in an account in your name. Those margins are then reinvested into the cooperative for capital expansion, system improvements, and ongoing operations and maintenance activities.

Once the cooperative has met its financial requirements, and after a period of time, capital credits are returned (paid) to you. Based on the continued financial strength of the cooperative, the board of directors approved a capital credit retirement of approximately $5.0 million to be distributed in 2026. This year’s capital credit retirement is comprised of 100% of the unretired allocation balance from 2007 and 20% of the balance from 2008. This means that if you had service with us during the year of 2007 or 2008, you will receive a payment during September. Those members who are eligible for a payment will see a credit on their September electric bill. Former members who moved off our system will receive a check in the mail.