TVEC Board Approves $3.7 Million Capital Credits Disbursement

When You Joined Trinity Valley Electric Cooperative, you began investing in the company’s electrical infrastructure, equipment, facilities and growth. Member ownership is one of the key differences between co-ops and retail providers, and with each electric bill you pay, your equity in the co-op grows.
TVEC is a nonprofit, member-owned co-op, so any operating margin is allocated to each member based on the amount of electricity purchased each year. It is a fair way to show each member’s investment, and the co-op has that capital available to assist in funding growth and important projects to improve service and reliability.
As the co-op’s financial condition allows, your elected board members refund these capital credits to members. For 2021, the TVEC Board of Directors has approved the return of almost $3.7 million in capital credits.
This amount will include all remaining credits from 1993 and 3.5% of all other credits for members from 2016-2020. Members who joined in 2021 have not yet been allocated any credits and therefore will not see a refund.
Current members will receive their credits on the electric bills mailed from the co-op in December. Former members will receive a check at the address we have on file.
While credit amounts will vary greatly depending on how long you have been a member and how much electricity you have purchased, the return of capital credits is an important part of the financial stewardship of the co-op.
If you have any questions regarding capital credits, please contact TVEC at 800-766-9576 or