Sun River Electric is a cooperative, so the money that is earned over expenses each year is allocated back to the members. The amount of money over and above the cost of providing service is called margins. The margins are divided among the members according to the amount each member paid for electricity that year, this is the allocation.
ALLOCATION
An allocation is done once a year following our annual audit. The allocation notice will be mailed to you in April or May of each year. The notice will show the current capital credit balance and the total of all the years combined. This report reflects your equity, or ownership, in SREC.
CAPITAL CREDIT GENERAL RETIREMENT
Each year your board of directors examines the cooperative's financial needs and status to determine the amount that can be returned back to the members, know as Retirement of Capital Credits. This is done in March of each year. Depending on the years that will be retired, some members will receive a check in the mail. Another great benefit of belonging to a co-op!
HOW DO I APPLY FOR EARLY RETIRMENT OF CAPITAL CREDITS?
If you wish to apply for retirement of your capital credits due to an estate or if you have moved off the system and do not plan on returning, we will send you a letter of explanation, an application form, and a discount schedule. Estate capital credit retirements, may be retired at a discounted rate, transferred to the executor of the estate, or to the SREC education fund. If the capital credits are transferred they will be paid out through normal yearly retirements. Contact Leanne at 406-467-2526 if you have any questions.
If you move off the Sun River Electric system please keep us informed of your new address to ensure capital credit refund checks are properly received.
RETURNED CAPITAL CREDIT CHECKS
Capital Credit checks are mailed in March of each year. Below is a list of members whose checks were returned for insufficient address. If you know any of these previous members, please ask them to call SREC at (406) 467-2526, with their new address. Thanks for your help!
2024 Returned Capital Credits Checks
2023 Returned Capital Credit Checks