it pays to be a member AS A MEMBER OF SIOUX VALLEY ENERGY - you, not a group of private investors, benefit from any margins produced by the Cooperative. As a not-for-profit organization, any profits or margins from previous fiscal years are allocated through capital credits to members based on their portion of electricity purchased. Sometimes referred to as patronage dividends or member equity, capital credits are part of your investment in the Cooperative. How they work:
√ YOUR CO-OP TRACKS
how much electricity you buy and how much money you pay for it throughout the year.
√ AT THE END OF THE YEAR,
your co-op completes financial analysis and determines whether there is excess revenues, called margins.
√ YOUR CO-OP ALLOCATES THE MARGINS TO MEMBERS
as capital credits based upon their use of electricity during the year.
√ WHEN THE CO-OP'S FINANCIAL CONDITION PERMITS, your board of directors decides to retire, or pay, the capital credits.
√ YOUR CO-OP NOTIFIES YOU of how and when you'll receive your capital credit retirements.
