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Like money in your pocket: Capital credits another benefit of being a co-op member

0331
 2014
    Everyone likes to get money back. And Bluebonnet likes giving money back to its members in the form of capital credits. That’s one of the benefits of being a member of an electric cooperative, as opposed to a customer of an investor-owned or a city-owned utility.
 
    Bluebonnet’s members are also owners. The co-op shares its excess revenue – money it collects above what is required to run the business – with its members. Similar to stock dividends paid to a company’s shareholders, capital credits represent Bluebonnet’s members’ share of ownership in the co-op.
 
    To get a capital credit, all a member has to do is buy electricity from Bluebonnet. Current Bluebonnet members will see their capital credits as a credit on their May electric bills. Former members who are still owed a capital credit will receive a check, usually in June.
 
    Bluebonnet has returned $21.86 million in capital credits to its members since 2008.          The co-op’s board of directors weighs the need to keep electric rates low and the necessity of keeping the co-op financially sound in deciding how much to pay in capital credits. You will see a capital credit for every meter on your account.
 
    If you have questions about your capital credits, drop by one of our five member service centers in Bastrop, Brenham, Giddings, Lockhart or Manor and speak to a member service representative, call 800-842-7708 Monday through Friday from 7 a.m. to 5:30 p.m. or email memberservices@bluebonnet.coop.


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