When was the last time you received a check from your utility provider?

Your electric cooperative makes every member an owner of the business. Unlike other electric utilities, your co-op exists to make sure your needs are always met, not to make a profit. Instead, any revenues over and above the cost of doing business are considered ‘margins’. These margins represent an interest-free loan of operating capital by the membership to the cooperative. This capital allows Tanner Electric Cooperative (TEC) to finance operations and — to a certain extent — construction, with the intent that this capital will be repaid to you in later years. We have provided answers to some questions for a better understanding of capital credits.