Moorcroft Leader - The Voice of the Community Since 1909, Serving Moorcroft and Pine Haven, Wyoming

PRECorp returning member capital credits

 

December 23, 2021



Powder River Energy Corporation this month is issuing a capital credit retirement or “refund”. This retirement returns a portion of the money members paid for electric usage during select years.

Some Power River Energy members will receive a credit on their bill or a check in the mail.

Capital credits are a major benefit of being a member of an electric cooperative and reflect one of the seven cooperative principles: Member Economic Participation. At the close of each fiscal year, all revenue received in excess of expenses for that year are allocated to each member as a capital contri...



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