Because EnergyUnited is a not-for-profit utility, when we make money beyond our operating costs, we return that money to our members in the form of “capital credits.”
Capital credits are allocated to each individual member based on how much the individual paid the cooperative during a particular period. Every member who has an account with EnergyUnited is a member of the cooperative. The amount of an individual capital credits refund depends on the length of time the member has been served by EnergyUnited and the amount the member has purchased from the cooperative.
In December 2017, EnergyUnited returned more than $3.5 million to members in capital credits, from years 1989, 1990, 2003 and 2004. Any inactive member or residential member that was scheduled to receive a capital credit of $15 or more was sent a check in the mail, but not everyone that was meant to receive a capital credit has claimed or deposited their check. Because the formula for distribution is based on prior years of operation, often members who are entitled to capital credits have moved and it is difficult to locate them. If the U.S. Postal Service returns a capital check to us, we make every effort to locate the person entitled to the check.
Please review the list of unclaimed capital credits below. If you see your name or the names of family, friends or associates, please have them contact EnergyUnited at 1-800-522-3793. We appreciate your assistance in helping us ensure that everyone receives their capital credit benefit.
Retiring capital credits is just one more way EnergyUnited is looking out for our members.