Posts Tagged ‘Capital credits’
Del. Electric Co-op Refunds $4-Million In Capital Credits
Delaware Electric Cooperative is refunding $4-million in capital credits among more than 64,000 member-owners of the co-op in December. Checks or billing credits will be made available for those who had an active DEC account in 2010. Those who no longer are served by DEC will receive a check for their portion of the retired…
Read MoreDel. Electric Co-op Returns $8-Million To Members
Delaware Electric Cooperative is returning almost eight-million dollars in capital credits to its members. The refunds represent what would be profits, but the co-op is a not-for-profit utility so the money goes back to about 72,000 member / owners. Members since 2009 are eligible for the credit, which will appear on the December bill. “We…
Read MoreUPDATED: Sussex County Council Names Jamie Whitehouse Acting Director of P&Z
Today’s Sussex County Council meeting was short on agenda topics but long on content. The Council heard from Delaware Electric Cooperative President and CEO, Bill Andrew, who came bearing a check for the County. DEC has recently retired capital credits from 2008. That resulted in an over $18,000 check to the County. A public hearing…
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