If your capital credit refund is $100 or more, you will receive a check in the mail. For amounts less than $100, the credit will appear on your December electric bill. This approach ensures that all eligible members benefit from the return while minimizing administrative costs.

Capital credits are a hallmark of the cooperative difference. Unlike investor-owned utilities that pay profits to shareholders, Halifax EMC allocates margins back to members based on their electricity usage. These allocations are retained for a period to help fund infrastructure improvements and maintain reliable service. When the cooperative’s financial position allows, the board authorizes a return of these funds to members. This year’s return is a reflection of sound financial management and our continued focus on delivering value to our members.