Capital Credits

You are a member/owner of Comanche Electric Cooperative, and one way your ownership is reflected is through capital credits (your share of what's left over after the co-op pays it's expenses). Every month, you pay your bill for electric service, and the co-op pays the expenses incurred in providing that service. Any funds left over at the end of the year, "margins", provide equity for the co-op and you, the member. These funds are called "capital credits".

We retain a portion of these capital credits for two reasons:

1. As working capital to keep the co-op financially sound and to allow for emergencies, such as storm damage, which might require placement of poles and power lines; and
2. To retire debt and build equity in the co-op.

The total amount paid to members in the form of Capital Credits since 1938 is $4,547,115.63. The latest refund was in July of 2011. CECA refunded $350,000 for the year 1982, and a portion of 1983. This included estate refunds through 2010, in the the amount of $1,921,305.82. Equity has remained stable in the last ten years at a rate of 38% for 2000 and 41% in 2010.

If you have any questions about capital credits or any of the operations of the co-op, just give us a call. It's your business.