Author Topic: Please explain power co-op Capital Credits  (Read 298 times)

BeardedDragon

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Please explain power co-op Capital Credits
« on: August 24, 2020, 11:31:48 AM »
Hello,
Each year we receive a letter from our power company regarding capital credits. It used to be that you got a check each year. Now they give you an option of taking a small amount each year rather than wait for the full amount in the future. Can someone explain in simple terms what is happening here? Is it better to take the small amount now or wait? Would your advice be different this year with the current economy as opposed to last year?
Thank you.
« Last Edit: August 26, 2020, 11:16:26 AM by BeardedDragon »