MVEC’s Board of Directors decide when Capital Credits are returned. Capital Credit distributions are based on a first in, first out basis, meaning margins from approximately 24 years ago are returned to those members first.
- In March 2020, the Board announced a distribution totaling approximately $640,000, which represents electricity purchased in portions of 1995-96.
Since 1959, MVEC has returned over $26 million to member-owners, based on their household’s or business’ previous electric usage.
Questions? For more information contact:
Capital Credits Department at (952) 492-2313 or (800) 282-6832 | info@mvec.net