Nolin is pleased to be retiring $4.7 million of previously allocated capital credits for the years 1992, 1993 and 2020. This means that anyone who was a member and received a capital credit allocation for any of those years can expect to receive a bill credit or a check in the mail sometime in November.
In general, the amount of the capital credit retirement you receive is determined by the amount of your electric bills. This entitles you to your fair share of the margin distribution after expenses are paid.
A discounted retirement of any accumulated capital credits is payable to the estate of deceased members. Application for discounted retirement can be made by an authorized representative of the estate. Call us for more information.
Unless you need to contact us about a deceased member’s estate, you do not have to do anything to receive your allocation. If you have any questions about how capital credits work, call our office at 270-765-6153 or go HERE