FEC retires $3 million in capital credits

Approximately $3 million dollars will be returned to many Flathead Electric Cooperative members via bill credits and checks in November and December. 

The FEC’s board of trustees has retired $3 million of capital credits allocated to member accounts in 2008 and 2009.

“With the price of everything else increasing, your co-op is proud to keep electricity prices as low as possible and to return excess revenue to members at appropriate times,” said Board President Gary Boe. “Returning members’ capital credits is the right thing to do, and it’s the not-for-profit cooperative way.”