Power of Community - Pedernales Electric Cooperative

Capital credits

As a member of our cooperative, you're also an owner — so rather than earning profits from your monthly payments, PEC invests some of that money toward strengthening the operations that power your life and assigns the rest to you. We call these funds capital credits.

Each year, the PEC Board of Directors determines what portion of capital credits can be retired, or returned to our membership. Capital credits, which are based on the dollar amount of electricity each member purchases, can vary from member to member and even from year to year.

2017 capital credits information

In October 2017, the PEC Board of Directors approved capital credits distributions totaling $8.6 million to current and former PEC members, raising our lifetime distribution to more than $107 million since 2007. The 2016 allocations on active accounts were posted on members' bills in July.


Capital credits FAQs

What are capital credits?

What is an allocation?

What is a distribution?

Who will receive distributions in 2017?

How will I receive my distribution?

How can I receive nondiscounted credits?

How do I receive my distribution if I'm a former member and don't receive a bill?


Capital Credits Policy

The cooperative's Capital Credits Policy serves as a guide for capital credits allocations and retirements. If you have questions about the capital credits allocated to your account, you can email us at capitalcredits@peci.com or call our capital credits line at 800-230-2207 between 8 a.m. and 5 p.m.

Please remember to include your name, account number and the best phone number to reach you, and one of our member services agents will contact you after researching your account.

Resources


Capital Credits Policy

Read the policy governing capital credits allocations and distributions

Search unclaimed funds

Do you have unclaimed funds?

Search our list of members and former PEC members who have undelivered funds to claim.