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DS&O ALLOCATES 2017 MARGINS TO OUR MEMBERS

DS&O ALLOCATES 2017 MARGINS TO OUR MEMBERS

The annual capital credit allocation letter mailed in July explained how much of DS&O’s 2017 margins were allocated to your account.  As many of you are already aware, as a cooperative member you share in the margins of DS&O.  After meeting the cooperative’s financial obligations, margins are allocated to the members in the form of capital credits.  This allocation is based on the revenue collected from each member.  In general, the longer you are on our service and the more electricity you use, the more capital credits you accumulate.

Please understand that an allocation is different from a retirement.  Each year, usually in December, the DS&O Board of Directors approves the portion of capital credits to be retired, i.e. payable in cash.  Because all members and former members are eligible to receive capital credit retirements, it is necessary to properly budget for this expense.  By retiring a portion at a time, the cooperative can maintain financial stability while demonstrating a key benefit of cooperative ownership to its members.  As of December 2017, DS&O has retired more than $8.5 million in capital credits to its members since the cooperative was formed in 1936.

If you have any questions concerning capital credits, please do not hesitate to contact the DS&O office at 800-376-3533 to speak with a member service representative or email DS&O at MemberContact@dsoelectric.com.



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