Capital Credits

Unclaimed Capital Credits

Capital credits may be applied as credits to accounts, while others may be issued in the form of a check and mailed. Each year, many checks are marked undeliverable and returned by the U.S. Postal Service. To determine if your check was returned as undeliverable, click below on the link that corresponds with the first letter of your last name.


What is a capital credit? 

happy man with money flying around

Being a member of an electric cooperative entitles you to a share of the margins generated by the cooperative for the period of time you receive service.

Each year, any margins (revenues in excess of expenses) generated by Union Power are proportionally allocated to you as capital credits and are held in an account in your name. Those margins are then reinvested into the cooperative for capital expansion, system improvements and on-going operations and maintenance activities. This reduces the amount of money being borrowed which helps keep rates as low as possible.

Once the cooperative has met its financial requirements, and after a period of time, capital credits are returned (paid) to you. Capital credits may be paid to you in the form of a check or applied as a credit on your electric bill.

Note: If you terminate service, it is your responsibility to maintain a correct mailing address with Union Power for purposes of future capital credit payments.