peel back effect

Speak Up: Delaware Electric Cooperative members to receive refunds

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Delaware Electric Cooperative’s board of directors has voted to return more than $5 million in capital credits to the cooperative’s member-owners in December. The agency expects to distribute checks or billing credits to more than 65,000 members this holiday season. Capital credit refunds are also known as the co-op’s profits or margins. Because it is a not-for-profit utility, margins are returned to those the cooperative serves.

  • Thank you. — Christine Stanley
  • I love my electric company. Delaware Electric Cooperative, in my book, takes care of their customers instead of placing more burden on them. Thank you, DEC. — Willie Preacher
  • They pay us back any profits. Always been like that. — Christine Stanley
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