Capital Credits

Scenic Rivers Energy Cooperative is operated on a not-for-profit basis. Because we are "owned by those we serve," Scenic Rivers Energy has always been service-driven. We are not motivated by the potential for profits. Electric cooperatives, unlike investor-owned utilities, do not have stockholders that must be paid a return. In other words, the price to obtain services and products from the cooperative are cost based and are kept as low as possible.

Of course, in order to be fiscally responsible in its operation, the cooperative needs working capital and a cushion of "margins." The margins will be distributed later through our system of Capital Credits.

Each member in the cooperative is assigned an individual Capital Credit account. At year end, any margin is divided among the members according to their patronage with the cooperative. You will receive a notice of your Capital Credit allocation each year.

Scenic Rivers Energy Cooperative is currently refunding on a percentage basis. We take your total allocations, then multiply by the percentage that your Board of Directors decides on. For active members, this is applied to your bill in April. Inactive members receive a check in the mail. If your check comes to less than $10.00 we won't issue it. This amount is recorded and added to the following year until your refund is at least $10.00.

Capital Credits Application Form (PDF)

Keep Your Address Current

As you can imagine, maintaining address files is a tremendous undertaking. Each year, there are many former members for whom we cannot find a current address. We seek your assistance in keeping our files up-to-date, so these members can receive the Capital Credits to which they are entitled. If we are unable to locate these individuals or their heirs, the Capital Credit allocation will be donated to Federated Youth Foundation, which is a nonprofit organization. This money is then used to make contributions to hospitals, fire and rescue departments, farm safety programs, and various other organizations in our community.