Capital Credits

Flathead Electric is a not-for-profit Cooperative that belongs to its member/owners who make an investment in the Cooperative each time they pay an electric bill. If revenues exceed expenses, the Cooperative has earned margins. These margins are distributed back to the members in the form of capital credits.

Capital credits are added to each member’s capital credit account, and are retained by Flathead Electric for a period of time to finance the electrical infrastructure needed to serve members. This keeps rates lower by offsetting the need for the Cooperative to borrow funds. One of the benefits of being a member/owner is that, as financial conditions allow, Flathead Electric’s Board of Trustees retires those capital credits in the form of checks to current and prior members.

Because capital credits may not be retired for several years, it is important that you keep the Cooperative informed of your current address.

Special Provisions

  • A special provision refunds capital credits to the estates of members who pass away at a discounted lump sum amount.
  • Members age 75 or older may request a discounted payment of capital credits in a lump sum.
  • Unclaimed capital credits go into a fund used for educational purposes.

Unclaimed Capital Credits

Flathead Electric would like to locate former members who have unclaimed capital credits on file. Please search for your name or business using our unclaimed capital credits lookup tool.