Valley Electric Board of Directors Announces the Retirement of $2.6 Million in Capital Credits

Valley Electric's Board of Directors is pleased to announce the retirement of $2.6 million in capital credits in June 2024. This retirement applies to allocations earned in 1992, a portion of 1993, and 2019.

The amount you receive is based on two factors:

  • Length of Membership
  • Power Consumption

How You’ll Receive Your Payment:

  • Current Members: Your retirement will be reflected as a credit on your June electric bill.
  • Inactive Members: Will receive a check in the mail if the retirement is greater than $25.

For more information about capital credits, please visit the Capital Credit  page.