|Next Board Meeting
|Next Annual Meeting
April 25, 2018
$448,393 | Since 1998
|Rural Loans Made
Did you know you actually own Wheatland Electric Cooperative? As a member-owner, you are entitled to margins, also known as the Co-op’s profits. This is one of the many, but perhaps most recognizable, benefits of being a member of a cooperative. Your share of the cooperative’s profits are called capital credits.
Wheatland Electric recently retired $750,000 in capital credits, to both active and inactive members. Wheatland Electric members who purchased electricity in 1987 and 2016 received a capital credits allocation. The board allocated 65 percent of the $750,000 to the retirement of allocations for 1987 and 35 percent to retirement of allocations made in 2016. These retirements were made through a check or bill credit, depending on the amount you were owed and whether you were an active member of Wheatland.
Capital Credits Harvest Days were held in each of our seven district offices in early December. Hundreds of members stopped at their local office for refreshments and to pick up their capital credits check.