Capital Credits to be returned early
(5/13/20) To help our members who are facing financial challenges during the COVID-19 outbreak, the Riverland Energy Board of Directors approved returning capital credits earlier than usual this year.
Current active members will receive a credit on their August or September bills. Anyone who has been a member of the cooperative between 1999 and 2017 will earn a refund. We will also retire accounts with $35 or less remaining with the cooperative. Only inactive members will receive a check in the mail. The dollar amount returned depends on both the number of years of membership and how much energy the member has used.
If a current address for a former member is not available, the funds remain in their account until they must be turned over to the Federated Youth Foundation. Members are encouraged to review the list of all members owed capital credits. You can review the list to inform friends and family members that they may have money available for refund, too.