01
June
2017
|
12:00 AM
America/New_York

Need to Know: Calculating Your Capital Credits

One of the benefits of cooperative membership is receiving capital credits.

Jackson EMC is a not-for-profit electric cooperative owned by our members. Each year, 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 2016 capital was 7.59 percent of your total patronage. See the worksheet to calculate your capital 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.