$1.5 Million: The Most Capital Credits in 78 Years!
York Electric is giving money back to members again this year. As a not-for-profit utility, York Electric returns revenues that exceed operating costs to members as Capital Credits. In May 2019, your cooperative will retire $1.5 million to people who were members during 1996, 1997 and 2017.
Returning Capital Credits is just another way York Electric is always looking out for you.
In May, we will return $1.5 million to members who received service in 1996, 1997 and 2017. Members will receive Capital Credit checks in the mail. If the member’s refund is less than $15, the amount will be printed as a line item credit on the utility bill. The amount of Capital Credits returned is determined by margins and a percentage of your total energy billings for the years listed above. Questions? Call (803) 684-4248.