Capital Credits

About Capital Credits

Barron Electric is a cooperative business that returns margins to our patrons. We credit any margins (or profits) we make during the year to each member's capital credit account. Each member’s share of the capital credits for the year depends on the amount each individual paid into the cooperative during that year and on the total margins of the cooperative for the year.

Barron Electric retains capital credits for 18 years and uses that money as operating capital. By retaining capital credits, we reduce our need to borrow operating money.

Each year, members receive a notice showing the amount of capital credits that have been credited to their account for the past year. We pay capital credits to estates on a discounted basis since the heirs receive it ahead of active members.

To ensure that capital credits are properly received, please inform Barron Electric of any address changes.

Retirement of Capital Credits

In 2007, Barron Electric returned approximately $500,000 in capital credits through the distribution of 9,500 checks. Capital credits were retired as follows:  100% of the remaining balance from 1988
33% of the remaining balance from 1989

Since 1965, Barron Electric has retired more than $16 million in capital credits. 

Unclaimed Capital Credits

Barron Electric tries to locate people who have not claimed their capital credits through advertisements in local media. Unclaimed capital credits are put into a trust and used for such things as scholarships, library donations, cooperative education, and specific donations.

Check Here for Unclaimed Capital Credits

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