MVEC’s Board of Directors decides when Capital Credits are returned. Capital Credit distributions are based on a first-in, first-out basis, meaning margins from approximately 25 years ago are returned to those members first.
- In March 2022, the Board announced a distribution totaling approximately $1.65 million which represents electricity purchased in portions of 1996 and 1997.
Since 1959, MVEC has returned over $28 million to member-owners, based on their household’s or business’ previous electric usage.
Capital Credit Payment Process
Senior Citizens and Estates
Unclaimed Capital Credits
FAQs
Questions? For more information contact:
Capital Credits Department at (952) 492-2313 or (800) 282-6832 | [email protected]
