Capital Credits

One of the best things about being a co-op member is that you are not simply a customer but rather a member-owner. Your financial contribution (paying the bill) not only keeps your lights on but also helps run the co-op that powers more than 30,000 people in this community, and a portion of that financial contribution is returned to you each year as a benefit of membership!

Many cooperatives go through the year and decide what to retire in the end based on how the year went. At Northeastern, we have flipped this script, and we begin by planning how much we will retire and then base our plans and our budgets on that. The result? We have returned more capital credits than any other cooperative in the state, over $33M in total since 1980.

Each member will receive a different amount based on how long you've been a member and the amount of energy you have used. Use the search tool below to see how much being a member pays you back! 

Former members

When a member moves out of our service area, the member is given a choice to take their capital credits as a discounted lump sum that is applied to their final bill or to receive a portion of the full amount each year in perpetuity. If you've recently moved out of the Northeastern REMC service area, you may have unclaimed capital credits available to you. Please contact us to find out if you have capital credits owed to you.

How to view your capital credit

Enter your account number below to view your bill credit amount.

Capital Credits


 

Unclaimed funds from 2020

It's important to us that you receive your capital credit. We'll have the updated list of unclaimed capital credits now available for 2020. Click below to see if you have a credit available.

 

 

Each member will receive a different amount based on how long you've been a member and the amount of energy you have used, along with a few other factors.

 

A bill credit is the quickest and most efficient way to distribute capital credits. This method ensures you get your credit with no need to go to a bank, track down the mail, or any other inconvenience.