Do I have unclaimed capital credits?

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• What do co-ops do with capital credits when they aren't retired?

  Electric utilities are capital-intensive businesses requiring large investments in equipment. Like all businesses, Berkeley Electric must maintain a balance between debt and equity to ensure financial stability. Capital credits are a significant ...

• What are capital credits?

  As a member of Berkeley Electric Cooperative, you are also an owner. When you make a payment to Berkeley Electric, a portion of that payment goes directly toward your "capital" investment in our electrical system. Unlike investor-owned utilities that ...

• When do capital credits get returned?

  As a not-for-profit cooperative, our margins are allocated to our members every year. Allocation means the funds that you have invested in the cooperative are tracked, but not accessible in the form of cash. The actual distribution of funds, or ...

• What if I move? Am I still eligible to receive my capital credits?

  If you move out of our service territory, please keep us informed of your new address so we are sure to contact you regarding future capital credit refunds. To report your current address for future capital credit refunds, please email our Member ...

• How are the capital credit refunds paid?

  For active accounts, capital credit refunds are applied to your electric bill in the form of a bill credit. For inactive accounts, checks are issued and mailed to the last known address.