CGEMC is attempting to locate former members whose capital credits checks were returned by the U.S. Postal Service as undeliverable or have otherwise been unclaimed.
If you know the correct address of these individuals or have any helpful information, please contact our office or notify the member to contact us as soon as possible by calling:
- 770-775-7857
- 1-800-222-4877.
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What are capital credits?
Capital Credits represent your share of ownership in the Cooperative. Because Central Georgia EMC is member-owned, any money left over after operating expenses (called margins) belongs to the members, not outside investors.
Each year, those margins are assigned to members as capital credits based on how much electricity each member uses during the year.
How are capital credits used?
Capital credits are reinvested in the Cooperative to keep your electric service reliable. They help pay for things like:
- Day-to-day operations
- Required financial reserves
- Storm repairs
- Upgrading power lines
- Replacing equipment
- Preparing for unexpected needs
This reinvestment helps Central Georgia EMC continue providing safe, dependable electricity at the lowest possible cost.
When are capital credits paid out?
The Board of Directors decides when capital credits can be returned to members. This decision is based on the Cooperative's financial health and follows board policy and regulations. When approved, capital credit payments are typically mailed to members in December.