Members to receive 2.66 percent of their 2006 bills.
For many of us, this time of year is number-crunching time in preparation for the tax deadline, April 17. As you're gathering receipts and adding or subtracting figures, take a moment to calculate your capital credit.
We're a not-for-profit electric cooperative owned by the members we serve. Annually, amounts collected above the cost of providing electric service are credited to member-owners' capital accounts based on their patronage (total billing less sales tax). Your 2006 capital was 2.66 percent of your total patronage. We've provided a worksheet to help you with determine your 2006 credit.
This notification is for all rates except QF, LPS, LGS or MBS (you can find your rate designation printed on your monthly bill). Members with those rates have received a separate notification.
If Your Total Bills Were $500:
| Amount of Bills for 2006 (excluding sales tax) | Allocation Percentage | Your Dollar Allocation |
| $500 | x 2.66% | $13.30 |
If Your Total Bills Were $1,500:
| Amount of Bills for 2006 (excluding sales tax) | Allocation Percentage | Your Dollar Allocation |
| $1500 | x 2.66% | $39.90 |
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