Clay Electric trustees approve $12 million capital credits refund

KEYSTONE HEIGHTS— Clay Electric Cooperative’s Board of Trustees has declared a $12 million capital credits refund for members who received service from 1992 through 2020. The co-op said in a news release that capital credits reflect the cooperative’s not-for-profit and member-owned status and represent each member’s pro-rata share of any margins left over at the…

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