{"id":11986,"date":"2016-07-15T18:33:02","date_gmt":"2016-07-15T18:33:02","guid":{"rendered":"https:\/\/www.dakotaelectric.com\/about-us-2\/capital-credits\/"},"modified":"2026-03-04T10:18:03","modified_gmt":"2026-03-04T16:18:03","slug":"capital-credits","status":"publish","type":"page","link":"https:\/\/www.dakotaelectric.com\/about-us\/capital-credits\/","title":{"rendered":"Capital Credits"},"content":{"rendered":"

\n
\n

Capital Credits: A Membership Advantage<\/h1>\n<\/div>\n<\/div>\n<\/div>

When you started receiving electricity from Dakota Electric, you became a member-owner of the cooperative. As owners, all members of Dakota Electric share in the cooperative’s margins. Margins represent the difference between total revenue received and operating expenses for each year. We return any margins to our member-owners in the form of capital credits. It is one of the advantages of cooperative membership.<\/h2>\n<\/div>
<\/div><\/div><\/div><\/div><\/div>

Capital Credits Allocation<\/strong><\/h2><\/h1><\/div>

When Dakota Electric’s annual revenue exceeds expenditures, it allocates the margins \u2014 or capital credits \u2014 to members based on their annual electric bill. The amount you are allocated becomes your equity, or capital investment, in the cooperative.<\/p>\n<\/div>

<\/div>
<\/div>
<\/div>

How Do Capital Credits Work?<\/strong><\/h2><\/h1><\/div>
    \n
  1. We account for how much you pay for electricity throughout the year.<\/li>\n
  2. At the end of the year, using audited financial statements, we determine whether there are any margins.<\/li>\n
  3. We allocate the margins to our members as capital credits based on their payments for electricity during the year.<\/li>\n
  4. Your board of directors reviews our financial position each year and determines the amount, if any, of capital credits from previous allocations that can be\u00a0 retired or paid.<\/li>\n<\/ol>\n<\/div>
    <\/div><\/div><\/div>

    Capital Credit Historical Payment Schedule<\/h3>\n
    \n \n \n\n \n \n \n \n\n\n Capital Credits Accrued<\/th> Capital Credits Year Paid<\/th> <\/tr>\n<\/thead>\n \n\n \n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
    <\/td>\n 1977<\/td>\n <\/tr>\n
    <\/td>\n 1978<\/td>\n <\/tr>\n
    <\/td>\n 1979<\/td>\n <\/tr>\n
    <\/td>\n 1980<\/td>\n <\/tr>\n
    1963<\/td>\n 1981<\/td>\n <\/tr>\n
    1964<\/td>\n 1982<\/td>\n <\/tr>\n
    1965 & portion 1966<\/td>\n 1983<\/td>\n <\/tr>\n
    Remaining 1966 & 1967<\/td>\n 1984<\/td>\n <\/tr>\n
    1968<\/td>\n 1985<\/td>\n <\/tr>\n
    1969 & 40% 1970<\/td>\n 1986<\/td>\n <\/tr>\n
    60% 1970 & 10% 1971<\/td>\n 1987<\/td>\n <\/tr>\n
    Remaining 90% 1971<\/td>\n 1988<\/td>\n <\/tr>\n
    1972 + 1973<\/td>\n 1989<\/td>\n <\/tr>\n
    1974<\/td>\n 1990<\/td>\n <\/tr>\n
    60% 1975<\/td>\n 1991<\/td>\n <\/tr>\n
    Remaining 40% 1975<\/td>\n Mar-93<\/td>\n <\/tr>\n
    50% 1976<\/td>\n Nov-93<\/td>\n <\/tr>\n
    Remaining 50% Feb. 1976<\/td>\n 1995<\/td>\n <\/tr>\n
    1976<\/td>\n 2004<\/td>\n <\/tr>\n
    1977<\/td>\n 2005<\/td>\n <\/tr>\n
    1978<\/td>\n 2006<\/td>\n <\/tr>\n
    1979<\/td>\n 2007<\/td>\n <\/tr>\n
    1980<\/td>\n 2008<\/td>\n <\/tr>\n
    50% 1981<\/td>\n 2008<\/td>\n <\/tr>\n
    Remaining 50% 1981<\/td>\n 2009<\/td>\n <\/tr>\n
    50% 1982<\/td>\n 2009<\/td>\n <\/tr>\n
    Remaining 50% 1982<\/td>\n 2010<\/td>\n <\/tr>\n
    1983<\/td>\n 2011<\/td>\n <\/tr>\n
    60% 1984<\/td>\n 2012<\/td>\n <\/tr>\n
    Remaining 40% 1984<\/td>\n 2013<\/td>\n <\/tr>\n
    50% 1985<\/td>\n 2013<\/td>\n <\/tr>\n
    Remaining 50% 1985<\/td>\n 2014<\/td>\n <\/tr>\n
    1986<\/td>\n 2014<\/td>\n <\/tr>\n
    1987<\/td>\n 2015<\/td>\n <\/tr>\n
    1988<\/td>\n 2016<\/td>\n <\/tr>\n
    1989<\/td>\n 2017<\/td>\n <\/tr>\n
    50% 1990<\/td>\n 2017<\/td>\n <\/tr>\n
    Remaining 50% 1990<\/td>\n 2018<\/td>\n <\/tr>\n
    65% 1991<\/td>\n 2018<\/td>\n <\/tr>\n
    35% 1991<\/td>\n 2019<\/td>\n <\/tr>\n
    1992<\/td>\n 2019<\/td>\n <\/tr>\n
    1993<\/td>\n 2020<\/td>\n <\/tr>\n
    1994<\/td>\n 2020<\/td>\n <\/tr>\n
    15% 1995<\/td>\n 2020<\/td>\n <\/tr>\n
    Remaining 85% 1995<\/td>\n 2021<\/td>\n <\/tr>\n
    1996<\/td>\n 2021<\/td>\n <\/tr>\n
    1997<\/td>\n 2021<\/td>\n <\/tr>\n
    80% 1998<\/td>\n 2021<\/td>\n <\/tr>\n
    Remaining 20% 1998<\/td>\n 2022<\/td>\n <\/tr>\n
    1999<\/td>\n 2022<\/td>\n <\/tr>\n
    2000<\/td>\n 2022<\/td>\n <\/tr>\n
    2001<\/td>\n 2022<\/td>\n <\/tr>\n
    75% 2002<\/td>\n 2022<\/td>\n <\/tr>\n
    Remaining 25% 2002<\/td>\n 2023<\/td>\n <\/tr>\n
    2003<\/td>\n 2023<\/td>\n <\/tr>\n
    2004<\/td>\n 2023<\/td>\n <\/tr>\n
    40% of 2005<\/td>\n 2023<\/td>\n <\/tr>\n
    Remaining 60% of 2005<\/td>\n 2024<\/td>\n <\/tr>\n
    2006<\/td>\n 2024<\/td>\n <\/tr>\n
    2007<\/td>\n 2025<\/td>\n <\/tr>\n
    2008 No Capital Credit Allocated<\/td>\n N\/A<\/td>\n <\/tr>\n
    2009 No Capital Credit Allocated<\/td>\n N\/A<\/td>\n <\/tr>\n
    75% of 2010<\/td>\n 2025<\/td>\n <\/tr>\n
    2011<\/td>\n <\/td>\n <\/tr>\n
    2012<\/td>\n <\/td>\n <\/tr>\n
    2013<\/td>\n <\/td>\n <\/tr>\n
    2014<\/td>\n <\/td>\n <\/tr>\n
    2015<\/td>\n <\/td>\n <\/tr>\n
    2016<\/td>\n <\/td>\n <\/tr>\n
    2017<\/td>\n <\/td>\n <\/tr>\n
    2018<\/td>\n <\/td>\n <\/tr>\n
    2019<\/td>\n <\/td>\n <\/tr>\n
    2020<\/td>\n <\/td>\n <\/tr>\n <\/tbody> \n\n \n <\/table>\n\n Generated by wpDataTables<\/a><\/span>\n<\/div>