OTEC to return $2.3 million in capital credits to members
Published 11:05 am Friday, December 4, 2015
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Oregon Trail Electric Cooperative members are encouraged to check their mailboxes this month for a slice of the $2.3 million in capital credits the cooperative is returning to its members.
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The amount is nearly double the $1.2 million returned in 2014, according to OTEC General Manager Werner Buehler.
“It is a great opportunity for the cooperative to give its members ‘credit’ — in the form of a check — for continuing to help build, sustain and grow their electric cooperative,” Buehler said.
Current members who have eligible capital credits of $15 or more will be mailed a check in mid-December. Those with capital credits of $14.99 or less will receive a credit in the amount owed to them on their December bill.
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“It is always good for our board to be able to return Capital Credits during the holiday season,” said Buehler. “It brings good cheer and is part of our cooperative principle, to help where we can during tough economic times.”
For more information, visit www.otecc.com.