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$611.2K return on your investment: Check your bill for capital credits

Tuesday | December 20, 2022
All News

This holiday season, member-owners of North Western Electric Cooperative received one of the benefits of being part of a cooperative. NWEC distributed $611,249 to current and former member-owners in the form of capital credits.

On the bill received in November (due December 10), eligible members-owners should see a credit for 20% of their allocation from 2021 along with any unretired capital credits from 2002. Those who were member-owners during either or both of those years got a return on their ownership.

Capital credits represent the cooperative’s margins. We use the margins to fund capital improvements to keep our service reliable. Unused margins are then returned to member-owners as capital credits. It represents each co-op member’s ownership in their cooperative.

The cooperative business model is the only one that ever pays margins back to (and only to) its member-owners. That is the co-op difference that sets NWEC apart from others in the power utilities world.

Have questions about capital credits? Learn more online at https://nwec.com/capital-credits or call our office at 419-636-5051.

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04125 State Route 576
Bryan, OH 43506
419-636-5051
1-800-647-6932

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©2023 North Western Electric. Serving NW Ohio for over 80 years.

  • CO-OP INFO
    • ABOUT US
      • Recent News
      • Our History
      • Location & Hours
      • Capital Credits
      • Cooperative Documents
      • Ohio Cooperative Living
      • Cooperative Principles
      • Our Affiliations
      • Employment Opportunities
    • COOPERATIVE MEMBERSHIP
      • What's the Value?
    • BOARD OF TRUSTEES
      • 2023 ELECTION RESULTS
      • Meet Your Board
      • Trustee Election Page
      • Voice Your Opinion
    • NW OHIO PROPANE
      • Your Local Propane Partner
  • SERVICE
    • MANAGE YOUR SERVICE
      • Starting Service / New Member-Owner Application
      • Stopping Service
      • Payment Options
      • Rates & Charges
      • Disconnection for Non-Payment
      • Call 811
      • Understanding Demand
      • Retail Energy Choice Explained
    • UTILITY PROJECTS
      • Tree Trimming
      • Line Maintenance
      • Line Rebuild
    • OUTAGES
      • Outage Reporting
      • Be Prepared for Storms
      • Generator Safety
    • PRODUCTS & OTHER SERVICES
      • Area Lighting
      • Outdoor Wiring
    • RENEWABLE ENERGY / DISTRIBUTED GENERATION (DG)
      • OurSolar
      • Adding Renewable Energy to Your Home
  • PROGRAMS & EDUCATION
    • JUST FOR KIDS
      • Youth Tour
      • Scholarship Programs
      • Give Us An "A" with a Twist
      • Apogee Kids' Page
    • EDUCATIONAL PRESENTATIONS
      • Learn About Energy
    • SAVE ENERGY & MONEY
      • Rebates
      • Residential Energy Audits
      • Load Management
      • Kill-A-Watt Usage Monitor
      • Energy Efficiency
      • CFL Recycling
  • COMMUNITY
    • America's Electric Cooperatives - PAC
    • Co-op Connections Card
    • FREE Public Hotspot
    • Operation Round Up
    • Events
      • Cardinal Power Plant Tour
      • FAMILY FUN DAY
      • Hot Air Balloon
        • UW of Defiance Co. Hot Air Balloon Festival
        • Hickory Acres Campground Balloon Flights
        • Hot Air Balloon Free Flight Contest