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 20 years ago are returned to those members first.
- In March 2019, the Board announced a distribution totaling $1.4 million, which represents electricity purchased in 1995.
Since 1959, MVEC has returned over $24 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 | info@mvec.net
Just like all MVEC members, former Alliant Energy members begin accumulating Capital Credits as of their first date of electric service!
24/7 Automated Phone System: (952) 492.8333 or (866) 492.8333