Do we owe you?

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.