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Saturday, December 03, 2016

Delaware Electric returning $6.3 million to long-time members

Delaware Electric Cooperative’s (DEC), Board of Directors, has voted to return $6.3 million in capital credits to the cooperative’s member-owners in December.

Capital credits are also known as the co-op’s profits or margins. Because DEC is a not-for-profit utility, margins are returned to the people the cooperative serves, a DEC release stated.

To receive a billing credit or check from the cooperative, you must have been a Delaware Electric Cooperative member in 1999, 2000 or 2001.

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1 comment:

Anonymous said...

How great is this news! I can't image DPL giving money back to their customers. All they know is rip off the customer for more money and then when they get more money, they throw it away on stupid mailers, and meters customers don't want.