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Four County EMC Returns Over $2.6 Million in Capital Credit Refunds to Its Members

December 4th, 2017

Four County EMC returns over $2.6 million in Capital Credit refunds. Four County EMC returns over $2.6 million in Capital Credit refunds.

Members of Four County Electric Membership Corporation will receive a capital credit refund check from their electric cooperative in December.

The Cooperative is refunding over $2.6 million to active and past members. The refund represents 100 percent of each member’s share of the margins for 1991 and 1992 and 10% of 2016. Members qualifying for these remaining margins will receive a refund check in early December. Any member whose share of the margins is less than $5.00 will not receive a check at this time, instead the amount will be credited to their December electric bill.

“Our members enjoy a significant benefit from the Cooperative way of business,” commented Chief Executive Officer Mitchell Keel about the not-for-profit company. “At the end of each year, we allocate left-over earnings to our members.”

Four County Electric Membership Corporation serves over 32,500 members in Bladen, Duplin, Pender, Sampson, Columbus and Onslow counties.


©2017 Four County Electric Membership Corporation
Four County Electric Membership Corp. 1822 NC Hwy. 53 West, Burgaw, NC 28425 (T) 888.368.7289 (F) 910.259.1860
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