Missouri Rural Electric Cooperative’s Board of Directors has approved the refund of capital credits. The total amount of $395,922 will be refunded to the member-owners. Checks should be received the week of the Annual Meeting.
At the close of each business year, any margins are allocated to the member-owners based on the amount of electricity purchased. These allocations are then returned to the member-owners as financial conditions permit. This is one of the advantages of being a member-owner of an electric cooperative.
To date, over $ 23.3 million has been returned to member-owners during the past 63 years.
