Did you know one of the benefits of being a member of Dakota Electric means you get a portion of the cooperative’s margins? We belong to the communities we serve, so any margins are returned to you, our members, in the form of capital credits.
This year, the board of directors approved the retirement of $4.1 million in capital credits to be paid back to the membership. Dakota Electric is retiring the remainder of capital credits allocated from 1991 and 100% of the allocation from 1992.
Members who purchased electricity in 1991-92, and who are receiving $5 or more in capital credits, will be mailed a check this month. The amount of each allocation and retirement is based on how much individual members were billed for electric service during that period.
Watch for your check arriving soon. To learn more about capital credits email capitalcredit[email protected] or call 651-463-6212.