Y-W Electric Association, Inc. is a cooperative owned by its members. All margins (profits) that remain at year-end are then allocated to be returned to the members as the financial condition of the cooperative allows.
Capital Credits are a valuable and unique benefit of being a member-owner of Y-W Electric Association (Y-W). As a not-for-profit organization, Y-W operates at cost. Any revenue collected beyond the expenses required to run the cooperative represents the 'margins.' These margins aren't profit in the traditional sense; instead, they belong to you, our members, who collectively own the cooperative.
Each year, these margins are allocated to members as capital credits based on their electricity purchases during that period. This allocation reflects your ownership stake. Over time, as Y-W'S financial condition allows, the Board of Directors approves the 'retirement' or payout of these allocated credits back to the members. Throughout our history, Y-W has proudly returned millions of dollars in capital credits to those who have helped build and sustain the cooperative.
However, because members sometimes move away without providing a forwarding address, ensuring every past member receives their earned capital credit payments can be challenging. Consequently, some checks may remain uncashed or unclaimed for years.
We encourage you to use the search tool provided to see if there are any unclaimed capital credits associated with your name, or perhaps the name of a family member or friend who was once served by Y-W. Finding unclaimed credits can provide a welcome surprise, representing your share of the cooperative's success from years past.
Search below for any pending capital credits...