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Unlike traditional utilities, electric cooperatives operate as member-owned entities, not obligated to shareholders or a single owner. That means that as a Blue Grass Energy member, you are actually an owner of our cooperative. One of the unique benefits of this ownership is the return of capital credits, which represent our cooperative's profits allocated back to you. 

Next month, some of you will receive a check from Blue Grass Energy. It is a refund of your capital credits. If you aren’t familiar with this term, here's how it works: As a not-for-profit cooperative, when we have excess revenue beyond what is needed for operating expenses, maintenance, and growth, it is returned to our members. 

The total amount of the refund is $1.7 million dollars. The amount you will receive is based on your electric usage during 1992 and 1993.  

Capital Credits are unique to cooperatives and one of the values of your membership. Many of our members during 1992 and 1993 may have moved or passed away. For deceased members, refunds of accumulated capital credits are payable to their estates. If you are an executor of an estate and would like to inquire if it is eligible, contact us at 888-546-4243.   We ask all former members who have moved from our service to make sure we have your correct forwarding address. You are still eligible for your refund even if you no longer live inside our service area. 

We hope you enjoy the value of being a member of Blue Grass Energy brings. It is a privilege to serve each of you and we don’t take that for granted. We are proud that our profits stay local in our communities. It is just one of the many ways we are making life better, the cooperative way.