FAQs

York Electric is a cooperative. A cooperative is owned by its members and does not technically earn profits. Instead, any revenues over the cost of

You should receive an allocation notice each year after a financial audit of York Electric has been completed. During the month of May, members receive

Capital Credits are calculated by York Electric for every member who purchased electricity during a year in which the utility earned margins. No special action

The amount of Capital Credits you earn in a given year is based upon the amount of electricity purchased. Each member receives a credit based

Not necessarily. The board of trustees must authorize a refund before you receive a check. When considering a refund, the board analyzes the financial status

No. Allocated Capital Credits may not be used to pay current bills. While your electric bill is due monthly, you will not be entitled to

The representative of the estate can have the balance of Capital Credits transferred into the heir’s name and the balance will be paid out as

Your Capital Credits remain in your name and member number until they are retired. You just need to ensure that York Electric has your current