Check our unclaimed capital credits list
Each year, York Electric attempts to contact members who have relocated and are no longer served by the cooperative to return capital credits. Do you think you might be on the list?
Even after you move, your membership carries value.
If you know any friends or family members who might be included on the list, or you think YEC might owe you money, please search for their names or your name online. After all, the money is yours and we want to get it to you! If you see your name, please contact our member services team at (803) 684-4248 so that we can process your account.
What are capital credits?
The York Electric Cooperative Board of Trustees elects to return a portion of our margins to our members each year. Margins are defined as the money left after covering all operating costs. Returning this money to members is a process called capital credit retirement. Not only does this show the value of your membership, but it also reflects the financial health of your cooperative.
Each year has a total patronage capital we must return to members over time. This is the money you invest in your cooperative when you pay your energy charges each month. Your board of trustees elects how much of these margins we reinvest into our system to continue providing affordable, reliable energy, and how much we return to members through capital credits. As a not-for profit business, we are required to operate on an at-cost basis. Returning these funds to our members allows us to remain in compliance with our bylaws as a cooperative organization.