Yellowstone Valley Electric Cooperative (YVEC) is a non-profit organization. The electric rates are priced to cover operating expenses and loan repayments. If there is any revenue left over after expenses are paid, it is classified as margins. Margins are divided among the members of the cooperative and allocated as patronage capital (capital credits) based on how much power each member is billed during the year.
The Board of Trustees voted to retire capital credits, closing out 2010, with consideration for additional years. Please take a close look at your March or April billing statement to see the capital credits that have been credited to your account.
If the capital credit retirement for inactive accounts is greater than $50, a check will be issued and mailed out after the annual meeting. Active members’ capital credits will be applied to their electric accounts. Some capital credit funds have been set aside for payment of estates to be processed during the year 2025.