Capital Credits

As a member of Runestone Electric Association, you are entitled to a share of the cooperative’s margin – revenues less expenses. When REA has a margin in any given year, your share of that margin is recorded as your capital credit allocation.

The goal is to refund this credit to you over time. Until such time, it provides adequate cash flow for reinvestment in the business and shows the financial stability that is required to obtain the funds we need to provide reliable service.

What happens if I move and I’m no longer a member of REA?
As long as you keep us informed with your current mailing address we will send your refund check whether you’re a current co-op member or not.

Are my capital credits taxable? 
Yes and no – depending if you use electric costs as a tax deduction. It’s a good idea to consult your tax preparer for more information on claiming capital credits.

Unclaimed Capital Credits

Unclaimed Capital Credits May Be Waiting For You!

When you signed up to receive electricity from Runestone Electric Association, you became a member – and an owner – of an electric cooperative. While investor-owned utilities return a portion of any profits back to their investors, electric cooperatives issue “capital credits” back to their member-owners.

At this time Runestone Electric Association has several “capital credits” that were returned by the Post Office as undeliverable. At this time we need your help in locating these members. Please use the search bar below to find your name or someone you know. Any information you can give Runestone Electric Association regarding the location of members on the unclaimed capital credits list would be greatly appreciated.

See the list of Unclaimed Capital Credits from 2019 (Coming Soon!)

I have information on a Capital Credit Account