Each year, CEC reviews its financial performance and determines how much of the margins can be allocated back to our members. Your share of those margins is based on how much electricity you used during the allocation year.
Here’s how it works:
• You use electricity. As you pay your monthly bill, you’re helping build and maintain the cooperative’s system.
• CEC allocates margins. At the end of the year, we calculate how much was earned and assign your share as capital credits.
• You get money back. When the board determines the co-op’s finances allow it, we return a portion of those credits to members.
This process is one of the many ways CEC puts members first to strengthen the communities we serve.
Capital Credit Retirements for 2011–2012
If you were a Clarke Electric member in 2011 or 2012, you will receive your share of this year’s capital credit retirement in one of the following ways:
Current members: You’ll see a credit on your December bill for the amount of your capital credit. This method saves postage and processing costs and helps offset the higher electric bills that often come with colder weather.
Former members: If your distribution is more than $5, you’ll receive a check in December. Distributions under $5 will roll over to future years until they reach the $5 minimum.
Why It Matters
Returning capital credits is one of the most tangible benefits of cooperative membership — a real way to see your investment in CEC come full circle. We aren’t just about money — we’re about ownership, partnership, and trust. When we return margins to you, we’re reinforcing the values that built rural America: cooperation, fairness, and community.
At CEC, we’re proud to serve as your locally owned, not-for-profit electric provider. Together, we keep the lights on — and the cooperative spirit shining bright.
____________________________________
Photo above: CEC Manager of Finance/CFO Sam Walkup presents the cooperative's 2026 budget to the Board of Directors during the October board meeting.