Capital Credits
Dear Ozark Border Member,
Good news! We have returned over 29 million dollars in Capital Credits to our members since 1996, and this year we are again pleased to announce that the board of directors voted to return capital credits in the amount of $1,400,000 to cooperative members. This refund will be 100% of capital credits earned in 1996, and 1% of all years from 1997 through 2025. We will apply the capital credits to the June 2026 electric bills for members with active accounts. This method of returning capital credits was chosen to save the cost of writing and mailing checks. If a member does not have an active account, then a check will be written. Be sure to check your June 2026 electric bill for the credit.
One of the advantages of being a member of an electric cooperative is that, unlike a municipal or private utility, you are both a consumer and an owner. As a consumer, you share in the quality of service and in lower rates. As an owner, your investment is returned to you in the form of capital credits every year the cooperative has revenues greater than expenses. Those “credits” are returned to members in proportion to the amount of electricity you used that year.
Thank you for your patronage, and we hope to continue to provide your electric needs for many decades to come. If you have any questions concerning the return or about capital credits in general, please call (573) 785-4631 or toll-free 1-800-392-0567 and tell the receptionist you have a question about capital credits.
Sincerely,
Your Board of Directors