Capital Credits
Capital Credits represent your investment in Jackson Electric Cooperative.
Because Jackson Electric Cooperative is a not-for-profit organization, owned by its members, the cooperative does not technically earn profits. Any revenues over and above the cost of doing business are considered "margins". These margins are used to build and maintain the facilities needed to serve the cooperative's members and to service our long-term debt. Any earnings left over at the end of the year are allocated to the members of Jackson Electric Cooperative in the form of capital credits. Before retiring and distributing capital credit checks, the Board of Directors must consider the financial condition of the cooperative and the needs for capital funds for the upcoming years.
Each member in the cooperative is assigned an individual Capital Credit account. After year end, any margin from the previous year is divided among the members according to their patronage (what you paid) with the cooperative. You will receive your Capital Credit Allocation Notice in September/October. When your Capital Credits have been retired, approximately 20-years after they were earned (allocated), you will receive a Capital Credit retirement check in December.
Keep Your Address Current
If you move out of our service territory please notify us of your address change. In order for you to receive your Capital Credits when they retire, Jackson Electric Cooperative needs a current address on file. Please see the list of Unclaimed Capital Credits. This list represents those who have not stayed in contact with us and have Capital Credit retirements remaining in their capital credit account.
Download Capital Credits brochure
Clear 
