CAPITAL CREDITS
October is Co-op Month. Capital credits are just one of the benef its that you receive as a member! TYPES OF UTILITIES
INVESTOR-OWNED Privately owned by shareholders/ investors Operate for a profit
MUNICIPAL COOPERATIVE SYSTEMS Owned and operated Owned by cities, by the people they counties, or states serve Not-for-profit Not-for-profit
When you sign up for service with Cass County Electric Cooperative, you become a COOPERATIVE member.
YOUR MONTHLY BILL BASIC CHARGE Monthly charge that covers the cost to provide electrical service (infrastructure). Included in capital credit allocation FRANCHISE FEES Fee charged by the cities of Valley City, Fargo, Horace, and West Fargo. Not included in capital credit allocation
$
ENERGY CHARGE Charges for energy consumed during the billing period. Included in capital credit allocation PURCHASED POWER ADJUSTMENT A variable component calculated from the cooperative’s monthly wholesale power cost. Included in capital credit allocation
WHAT ARE CAPITAL CREDITS?
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Cass County Electric tracks how much electricity you buy and how much money you pay for it throughout the year.
We pay the bills for things like power generation, maintenance, and new construction.
At the end of the fiscal Next, the cooperative year, CCEC determines if allocates those margins to there are excess revenues, members as capital credits called margins. based upon their electric bill.
HOW DO I RECEIVE MY CAPITAL CREDITS?
OR
DATE
Pay to the order of
CCEC Member
Amount here
03/15/25 $Amount
Cass County Electric Cooperative
CHECKS ISSUED: Inactive, former members
CREDIT ON BILL: Members with an active account
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A minimum $5 capital credit amount must be met.
5 Lastly, your board of directors decides to retire, or pay, the capital credits when our financial condition permits.
$2.
75
million
The Cass County Electric board of directors approved the retirement of capital credits for the years 2004 and 2005 (partial) as well as estate and early retirement payments.
Search our list of unclaimed capital credits at CassCountyElectric.com/capital-credits to see if anyone you know is owed money from Cass County Electric Cooperative! These credits’ taxability depends on whether your electric bills served as a business tax deduction on your income tax return for the years in which the capital credits were allocated. For most individuals, the receipt of capital credits is non-taxable. Please contact your tax preparer if this tax deduction pertains to you, as this information is provided as a courtesy and is not intended to be construed as legal or tax advice. Page 1