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 patronage capital 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!
When a member moves out of our service area, patronage capital is retired at a discounted rate and appears as a credit on their final bill. If you've recently moved out of the Northeastern REMC service area, you may have unclaimed patronage capital available to you. Please contact us to find out if you have patronage capital owed to you.
How to view your patronage capital refund
Enter your account number below to view your bill credit amount.
Unclaimed funds from 2019
It's important to us that you receive your patronage capital refund. Please see click below to view more information about unclaimed funds from 2019.