Capital Credits: One of the many benefits of being a cooperative member

Think about it: given the dozens of product and service companies with whom you regularly transact business, how many ever send you a check or refund? If you are like most, you can probably count them on a couple of fingers.

So, getting money back is one more reason to feel proud of being a Trico Member. In fact, our Members have received a refund for the last 11 years.

This year the Board of Directors approved the retirement of $3.8 million in Capital Credits. This return comes thanks to the strong financial condition of your cooperative.

If you are new to the cooperative, you may wonder: why do I receive a check or bill credit at all? It’s the result of the unique financing structure of cooperatives, built in part around the idea of rotation of equity. Members pay in and allow the cooperative to use their capital for a period of time to finance operations. In time, when revenues exceed expenses, they receive a portion of those funds back via Capital Credit refunds.

This month, we will retire Capital Credits totaling $3.8 million, consisting of $3.5 million from Trico and $300,000 from the Arizona Electric Power Cooperative. Look on your December bill for your Capital Credit Refund. Active accounts will see a Capital Credit Refund posted as a credit on your bill. Inactive accounts will receive a check for a refund over $10. If you move or no longer have service, Trico must have your current address to send your capital credit notices and refunds in the future.

We work hard to provide service in a cost-effective manner so we can refund Capital Credits to our Members. They represent your equity in the Cooperative and reflect the fact that you’re an owner of Trico. Since 2010, Trico has returned more than $28 MILLION to its Members. That’s money that stays right in our local communities.

It’s just one more way Trico delivers value to you. In turn, we hope your cooperative brought you a little extra holiday cheer (perhaps for gifting another) in the process.

Click here to learn more about Capital Credits. If you have additional questions, please call (520) 744-2944, ext. 1510. Or email: capitalcredits@trico.coop.

As always, thank you for your business.

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FAX: (520) 353-1640

WHERE TO FIND US

Trico Electric Cooperative
8600 W. Tangerine Rd.
Marana, AZ 85658

Opening Hours:
Mon – Fri: 8:00 a.m. – 4:30 p.m.

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