Continuing the Crook County News Since 1884

PRECorp returning member capital credits

Powder River Energy Corporation this month is issuing a capital credit retirement or “refund”. This retirement returns a portion of the money members paid for electric usage during select years.

Some Power River Energy members will receive a credit on their bill or a check in the mail.

Capital credits are a major benefit of being a member of an electric cooperative and reflect one of the seven cooperative principles: Member Economic Participation. At the close of each fiscal year, all revenue received in excess of expenses for that year are allocated to each member as a capital contribution ba...