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BLUEBONNET MEMBERS GET MONEY BACK: Capital credits

0514
 2015


Bluebonnet members will see a credit on their bill this month. It’s called “capital credits” and is one of the benefits of buying electricity from an electric cooperative. 
 
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. 
 
In April, Bluebonnet’s Board of Directors decided how much to pay, taking into consideration such factors as the impact the amount returned to members would have on electric rates and the financial strength of the co-op. 
 
The amount that members receive depends on how much electricity they used in the previous years and how long they have been Bluebonnet members. Current members will receive a credit on their May electric bill. Former members who are still owed a capital credit will receive a check in May or June. 
 
Since 2009, Bluebonnet has returned $28.6 million to its members. 
 
If you have any questions about your capital credits, drop by one of our member service centers in Bastrop, Brenham, Giddings, Lockhart or Manor and speak to a member service representative. You also can call 800-842-7708 from 7 a.m. to 5:30 p.m., Monday through Friday, or you can email memberservices@bluebonnet.coop.
 
Look for the words ‘Capital Credits’ in blue on your May electric bill and you’ll see a credit to your account. Bluebonnet shares revenue (above what it takes to run the business) with its members.


 

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