Capital Credits

Capital Credits

A cooperative is designed to provide a service or product, not to make a a profit or margin. Any revenue collected that is not needed to cover the cost of providing electric service in a calendar year is set aside and divided among the members in proportion to their patronage or how much electricity they paid for during the year. No interest is paid on the capital credits.

If you move from PGEC's service area, your capital credit account will remain open until all money you are due has been paid out. For that reason, it is extremely important to keep PGEC informed of your current address.