April 27, 2025
Not-for-Profit, Member-Owned: How Capital Credits Benefit You
As a member-owner of Pioneer Electric Cooperative, you enjoy many benefits—one of the most significant being the return of capital credits. Because we are a not-for-profit cooperative, we operate at cost. When our revenue exceeds our operating expenses, our board of directors—who are elected by you, the members—may choose to distribute, or retire, capital credits back to you based on each member’s electricity use. The board carefully determines when and how capital credits are refunded, always prioritizing the best interests of the membership. The co-op retains funds to reinvest in essential infrastructure, equipment, and system reliability, helping to keep service...
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