Eddie Dixon, Holmes County Superintendent of Schools (left) accepts a capital credits check for $4,313.48 from Sharon Curry, WFEC Manager of Member Services (right). The amount of each member’s capital credit check is based upon their percentage of total energy sales for 1988.

As a member-owner of WFEC, excess revenues are credited back to your member account annually. Since WFEC is not-for-profit, any funds left over after bills have been paid, infrastructure built and an emergency fund established, go into a capital credits account for each co-op member. Then, as your board of trustees determines the co-op is in good financial shape, this capital is returned to you as a check. Each year of capital credits is retired after approximately 25 years. Once you have been a member of WFEC for 25 years, you will begin receiving these retirement credits in the form of a check in the spring of each year. The entire balance of capital credits are payable at the time of death to a member’s heirs. To determine when you might be eligible to receive general retirement checks, contact WFEC. Capital credit refunds are to your (our members) what dividends are to stockholders at for-profit companies.

General Retirement
Deceased Capital Credits
Additional Information