The total amount of patronage taxable income allocated for the calendar year of 2025 is $3,207,224. The allocation factor is 0.0376106425 for residential accounts, 0.0468681925 for general service/commercial accounts, and 0.0186979665 for large power accounts. To determine your amount of capital credit allocation, multiply the allocation factor by the total amount of your electric bill for 2025. The amount of your allocation is available from the Cooperative upon request.
This notice is for your information only. This amount is not available as either cash or credit on your electric bill. Refund of this amount in full or in part at any time in the future shall be based on the decision of the Board of Trustees that the financial condition of the Cooperative shall not be impaired by making such refund. Please contact your tax preparer to determine if any portion of your capital credit retirement is taxable. If you cease to be a member, please keep us advised of your current address. Copies of the Cooperative Bylaws are available upon request. If you have any questions concerning this notice, please call Kyle Stuart or Stacey Lewis at (580) 332-3031.