Oahe Electric belongs to its members. As owners, members have a responsibility to help finance their business. They do this by using our electric services and by allowing the Co-op to retain any money collected in excess of actual operating costs.
The money is used to build and maintain the facilities needed to serve the Co-op's members and to service our long-term debt. This money is considered to be capital furnished by the members—capital that will be returned to the members at a later date.
Capital Credits are refunded at the discretion of the Board of Directors whenever the Board determines that the financial condition of the Co-op will not be impaired.
Because you may receive Capital Credits in the future, it is imperative that you keep the Co-op informed of your current address. Even when you discontinue service with Oahe Electric, we ask you to give the Co-op a current mailing address and notify Oahe Electric of any subsequent address changes so that Capital Credit refunds can continue to be sent to you.
If you have any questions concerning your Capital Credits, contact us by calling 1-800-640-6243 or firstname.lastname@example.org.
Every year, Oahe Electric needs your help finding correct addresses for outstanding capital credit checks. Please forward any correct addresses to email@example.com or call us at 1-800-640-6243.