Member-owners of Flathead Electric Cooperative contribute proportionally based on their electric usage to Co-op capital.
Member-owners of Flathead Electric Cooperative contribute proportionally based on their electric usage to Co-op capital. In turn, any profits above operating expenses are allocated to you, Member, as Capital Credits. When the financial condition of your Co-op permits, allocated Capital Credits are retired and paid to you.
2022 Capital Credit Allocation
Each spring, you receive a statement of the previous year’s capital credit allocation. If you purchased electricity from FEC in 2022, your April or May bill will contain this statement. Amounts allocated are determined by your energy use in 2022.
Capital credits are not returned the year they are earned so that they can be used to fund electric lines, bucket trucks, and other equipment. This reduces the Co-op’s need to borrow money and helps keep rates low for members. Typically, capital credits will be paid to you several years later, so keep us posted if you change your address!