It’s the season of giving and we’re giving back, in the form of capital credits. Intercounty’s Board of Directors has approved a total of $1,682,163.37 in capital credit retirements.
A portion of distribution capital credits from 1999 make up $1,000,000.00 of the total being returned, while the other $682,163.37 in disbursements represent a portion of Sho-Me Power’s transmission capital credits from 1995.
Unlike investor-owned utilities, who answer to distant shareholders, Intercounty Electric is governed by member-owners who receive the co-op’s electric service.
When you joined IECA, you made an investment. Members will see a return on that investment this month.
Welcome to Intercounty Electric Cooperative Association. You have joined more than 24,000 other active members who mutually own the cooperative.