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A cooperative, such as SEMO Electric, is owned by the member-customers it serves. As a member-owner, you share in the profits of the co-op. At the close of each fiscal year, all revenue received in excess of expenses (i.e. profits)…

You need to know 2 things about capital credits in order to understand how they work for you: Allocations Each year, you are “allocated” your portion of the previous year’s profit based on the amount of electricity you purchased from…

Step 1: Allocation First, an allocation determines each member’s share of the cooperative’s margin for a given year. Margins are allocated—or assigned—to members who purchased electricity from the cooperative during the year in which the margin was generated in proportion…

Each year, hundreds of refund checks are returned to the cooperative with invalid addresses. The member should inform our office of any changes in his or her mailing address. It is a member’s responsibility to make sure the cooperative has…

A rightful heir can complete a Certification of Entitlement form (Notarize the form) Provide the appropriate documentation to transfer the capital credits into his/her name