Clay Electric refunding $12 million – Annual meeting scheduled for March 28

BY DAN HILDEBRAN [email protected] Clay Electric Cooperative said its board of trustees declared a $12 million capital credits refund for members who received service from 1996 through 2024. “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 end of the year after…