OWNED BY OUR CUSTOMERS

As a not for profit utility organized, owned, and governed by its consumers, Clarke Electric allocates back to its member-owners the profits (margin allocations) that result after expenses are tabulated and audited at the end of the year. The returns are made annually in relationship to the amount of dollars a member has paid for cooperative's services. These margin allocations (also called patronage dividends) are held for 20 years by the cooperative to serve as resources for reinvestment in the distribution system.

Capital credits are returned in the form of a credit on their December bill for existing members. For past members, a check is issued to them at their last known physical address. Please make sure you keep the cooperative informed of your current address in order to receive your checks.