Capital Credits | Black River Electric Cooperative

When the Cooperative makes a profit, we return a portion of that profit (margins) to the members in the form of capital credits and retain enough capital to operate throughout the year. These credits are added to each consumers escrow file once a year, usually in March.

The total amount of electricity used by each consumer.

Any past/present member that has a total of $5.00 or more in their escrow account.

Only if the Cooperative is financially able. The Board of Directors reviews the finances year by year to determine the dollar amount the Cooperative can refund and still operate effectively.

Active members will receive a credit on their June energy bill instead of a capital credit check. You’ve asked and we listened. Members have been asking if we can just apply their capital credit refund to their bill rather than mailing a check that they have to take to the bank and now we can!
This change reduces costs and increases convenience, which benefits members. This is the general refund of patronage capital, listed on the statement as “Capital Credit”, located to the right
of the graph.

Inactive members will be mailed a capital credit check in June.

Any checks not cashed, for whatever reason (i.e. returned to the Cooperative due to incorrect address, lost the check, etc.) are transferred to unclaimed usually in September of each year. You may contact the Cooperative during regular business hours. After two (2) years a listing is published in the Rural Missouri--usually in the August and September issue. If your name appears you have 60 days to claim the amount. Once claimed, the check(s) are reissued, otherwise the amounts unclaimed are reallocated to the present membership.

If you know the whereabouts of anyone on the list, please advise that person to call the Cooperative during regular business hours. If funds are not claimed within 60 days from the date of the notice, funds will be reallocated to the present membership.

Final bill credit checks & memberships/deposit refund checks returned to BREC are also published in the Rural Missouri to be claimed within 60 days. If not claimed, these amounts are also reallocated to the present membership.

You may have capital credits in the escrow account that will be issued to you through the general refund. If we do not have your current address on file, the check will be returned to the Cooperative. If it is not claimed after the two (2) year period through Unclaimed, you forfeit the funds.

Please contact the Cooperative during regular business hours at (573)783-3381 OR toll free 1-800-392-4711 (Missouri only).