Capital Credits

Putting money back in your wallet is part of the Cooperative Difference!
Unclaimed Capital Credits

Over the years, BEMC has returned millions of dollars in capital credit payments to both current and past cooperative member-owners.  Unfortunately, we can’t always find everyone who has earned a capital credit.   BEMC maintains a list of these unclaimed capital credits for each member.  To determine if any of these unclaimed amounts belong to you, please check the database by clicking the “Unclaimed Capital Credits” search button above.


Cooperatives are not-for-profit businesses owned by the members they serve.

Each member has an ownership stake in the company in the form of Capital Credits.

While we operate without a profit motive, BEMC must maintain a small margin of revenue above costs. The most significant source of equity for co-ops is the retention of margins from the sale of electricity. After expenses for furnishing your electricity are satisfied, the money left over (the margin) is set aside for you in the form of Capital Credits. These credits are allocated to members based on their purchases from the co-op.

The equity from Capital Credits makes it possible for BEMC to secure loans, maintain facilities and services, and expand our system to meet the demands of a steadily growing membership.

These credits are governed by federal and state laws and regulations, our articles of incorporation and bylaws, mortgage covenants, and our Board of Directors’ policies. Other factors that come into play are balancing debt and equity to maintain creditworthiness, rate competitiveness, and accounting practices.

When the Board of Directors authorizes a return of the credits, members eligible for a capital credit return will receive a check by mail. That’s a good reason to be sure we always have your correct mailing address!

Capital Credits returned to members in 2021 represent a portion of the capital credits outstanding from the years 2000-2020. This distribution method will maximize the percentage of members receiving a check while recognizing a member’s total participation in the cooperative over time.

The bottom line is that all co-op members eventually receive a payback for their years of investment in their co-op.

That’s the cooperative difference!