Capital credits represent Washington Electric Cooperative's operating margin, monies that are left over beyond the co-op's operating expenses. These margins are assigned to you on a pro-rata basis and represent your share of ownership in Washington Electric.
Capital credits are payable to members' estates upon death. If you know a deceased member, please have the executor of the estate call our office for information on the member's capital credits.
A general retirement of capital credit funds may be approved provided the Cooperative is in a sound financial position and can make a distribution of funds without jeopardizing planned growth and reliability of service.
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