At the August Board of Directors meeting, CFO Susannah Jensen presented an update on the Cooperative’s Capital Credit Retirement. After a healthy discussion, the Board approved the return of about $1.6 million to members this November. This retirement includes approximately $1.1 million in general capital credits from Crow Wing Power and just over $550,000 in capital credits from Great River Energy (GRE), our previous wholesale power supplier.

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2025 Capital Credits