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Capital Credits Explained, and an Update
Manage episode 375464506 series 2828627
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Capital Credits are one of the biggest differences between electric cooperatives and other utilities. Instead of returning our annual margins (profits) to shareholders, as the for-profit utilities do, CoServ and other electric cooperatives allocate this money back to our Members in the form of Capital Credits.
In this episode of As A Meter of Fact, Darreck explains how Capital Credits work and provides an update on this year's retirement.
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